Reach Capital | Private Assets Advisor

As an independent fundraising and strategic advisory firm specialized in Private Markets, we use our expertise to raise capital for ambitious GPs, advise on the greatest liquidity options on single assets and portfolios and solve great challenges together 💪   Care to know more about us? Discover our new corporate video ⤵️   #ReachCapital #PrivateEquity #Corporate

In an insightful conversation with Bloomberg's Laura Benitez, Managing Partner Jean-Philippe Boige explains how there is "more financial engineering and levers being pulled by PE now”, emphasising that ever more sophisticated LPs have grown attentive to distributions resulting from actual exits vs those made via methods such as NAV financing or dividend recaps. Many LPs are turning to consultants to help understand the complex tools in the fund manager arsenal and are even capable of finding liquidity themselves if they feel the need. For LPs, “the days of writing checks and waiting for an exit is over”. At Reach Capital | Private Assets Advisor, we advise our GP clients to take every step possible to work transparently and in alignment with investors if they are to view themselves as a true, long-standing partner, whether this is working together to extend the lifecycle of a star asset or uncovering the smoothest pathway to liquidity at favourable terms. If you’d like to learn more about Reach Capital’s Liquidity Solutions Advisory services, please reach out or get in touch via DM. Read the full article here: https://lnkd.in/epQVTWMA #placementagent #liquiditysolutions #secondaries #continuationvehicle #privateequity

Reach Capital | Private Assets Advisor's Director of Private Wealth Solutions, Paul-Edouard Falck, will moderate an insightful panel on “Wealth Trends and Lessons Learned in France & Monaco” tomorrow at IPEM Cannes. He will be joined by four leading European experts in wealth management: Agathe Laurent, Head of Private Equity Origination and Development at Natixis Wealth Management; Benjamin Brochet, Deputy Chief Executive Officer at Crystal; Pierre-Olivier Desplanches, Co-founder at Archinvest; and Olivier Dauman, Executive Director at Indosuez Wealth Management. Reach Capital's dedicated Private Wealth Solutions team is looking forward to connecting with fellow attendees, sharing valuable insights, and providing overviews of the latest market trends. Come and find us at booth R262! #IPEM2025 #PrivateEquity #PrivateMarkets #PrivateWealth

Reach Capital | Private Assets Advisor will be attending IPEM 2025 from 28–30 January in Cannes! After a transformative year in which we’ve launched our private wealth solutions arm and bolstered our secondaries advisory services, we’re looking forward to catching up with industry peers and forging new connections in the global alternatives community. On Day 3 of the conference, Director of Private Wealth Solutions Paul-Edouard Falck, will be chairing the discussion “Wealth Trends and Lessons Learned in France & Monaco”, where he will be joined by local and international Wealth Managers and GPs for a timely conversation on the evolution of the French wealth ecosystem, and where Monaco should sit within client allocations. Make sure to follow our page for further information! We hope to meet with as many delegates as we can – send us a message to schedule a meeting or come find us at booth R262! We’d love to tell you about our growing range of advisory mandates and discuss our future outlook. #IPEM2025 #PrivateEquity #PrivateMarkets #Conference

William Barrett, CAIA and Jean-Philippe Boige spoke with The Drawdown’s Matthias Plötz to explore the growing importance of operational due diligence for LPs looking to develop relationships with new managers. With competition for capital showing no signs of slowing, they delved into the trends Reach Capital | Private Assets Advisor has been observing in this space, the advice we give to clients, and why ODD is now a core part of early discussions between LPs and GPs. "LPs are now ensuring that back and front offices are aligned from the outset," Jean-Philippe explains. Considerations such as incentivisation and team structure have become standard points of interest from increasingly sophisticated investors, even with smaller LPs subjecting GPs to thorough ODD processes. These can involve lengthy onsite visits, in-depth interviews, and extensive questionnaires spanning hundreds of pages. As ODD continues to climb up investors’ agendas, managers are under pressure to deliver robust operational practices and navigate tight reporting timelines. As a specialist advisor, we enjoy keeping our finger on the pulse and sharing our perspectives on the latest LP sentiments for the benefit of our clients. Get in touch if you’d like to explore our fundraising advisory mandates – we’d love to hear from you! Read the full article: https://lnkd.in/dTf8tz6y #placementagent #privateequity #duediligence

Reach Capital | Private Assets Advisor spoke with S&P Global’s Dylan Thomas to share our perspectives for two of his recent articles on global pension funds increasing allocations towards PE co-investments, and the consolidation of dry powder among private credit managers. Managing Partner William Barrett, CAIA expands on the conversations we’ve been having with GPs and investors on the current LP/GP dynamic. We’re seeing firms increasingly trying to accommodate their limited partners by offering more favourable economics, including low- and no-fee co-investment. This dynamic was on full display in 2024, with private equity involved in seven of the ten largest pension fund-backed deals announced last year, and pension funds outspending sovereign wealth counterparts on PE co-investments for the first time in five years. William also shed light on the increased appetite among European LPs for private credit over private equity. He explains how this surge is driven by heightened confidence in private credit’s resilience, which is particularly evident during challenging market conditions, and its strong track record and returns profile as an asset class. Read the full articles here:  https://lnkd.in/ew5nJ58x https://lnkd.in/ea2YqXxG #coinvestments #privateequity #privatecredit #advisory #placementagent

"A GP-Led (probably) isn't what you think it is" The terms "GP-led" and "continuation fund" have become nearly interchangeable - and it’s not hard to see why. Continuation funds are dynamic, they attract significant press coverage and have seen a surge in popularity and education across the private markets spectrum. They are now a significant tool in the liquidity solutions playbook. According to Jefferies’ recent Global Secondary Market Reviews, continuation funds typically account for 85-90% of all GP-led transactions. However, a GP-led transaction encompasses far more than just continuation funds and, although the delta is small, the relevance of other GP-led transaction types is significant. Xavier Hernando, our Head of Liquidity Solutions, explores why continuation funds fail in this article from Eric Lovisotto and SecondaryLink. One of the primary reasons is that a continuation fund isn’t always the right solution to pursue. There are many forms of GP-leds to consider, including (but not limited to): asset sale or wind downs, strip sales, LPA amendments, LP tender offers, fund financing, annex funds, co-investments, or fund top-ups. Each of these vehicles carry their own intricacies, strengths and disadvantages depending on the needs of the individual GP. When considering a continuation fund, it is crucial to work with an experienced advisor who can evaluate all available options to ensure the approach chosen is successful. Read Xavier’s full article here: https://lnkd.in/e6mGcFSQ #liquiditysolutions #secondaries #gpleds #continuationfund #privateequity

As the year draws to a close, Reach Capital | Private Assets Advisor wants to reflect on some of the milestones we have reached in 2024. It has been a pivotal year for enhancing our capabilities, growing our team, taking on challenging new mandates and further establishing ourselves as one of the last truly independent fundraising and liquidity advisory partners in Continental Europe. Key highlights include: 🔹Relocating to our new Paris headquarters, providing a modern, collaborative space to foster innovation and lay strong foundations for our future growth plans 🔹Successfully advising 5 clients on fundraising efforts that culminated in final closings of approximately €4.5 billion, across a range of strategies from private credit to private equity 🔹Strengthening our secondaries team, advising on c.30 LP-led transactions in Europe, North America and Asia, hosting insightful webinars for LPs & GPs, engaging with 45+ mid-market GPs on bespoke GP-led solutions and facilitating the successful syndication of a €220m continuation vehicle 🔹Launching our private wealth solutions arm, underscoring our commitment to delivering tailored strategies and supporting our partners’ growth ambitions 🔹Co-Founder and Managing Partner William Barrett, CAIA was named a Rising Star by both Private Equity News and Private Debt Investor in their yearly lists 🔹Our expert views on primary and secondaries featured in leading specialised publications including Les Echos Capital Finance, L'AGEFI, Les Echos, Financial Times, Bloomberg, and Preqin 🔹Finally, the team perfected its art of preparing cream puffs and is now committed to offering them to its clients at every transaction closing! We’d like to extend our warmest wishes to our community for a joyful and peaceful festive season. We look forward to continuing to build on our shared success and achieving even greater results together in 2025. #HappyHolidays #placementagent #secondaries

Liquidity solutions, such as GP-led transactions or continuation vehicles are highly complex processes, and that’s why we love them. Despite these tools becoming increasingly commonplace in the liquidity solutions toolkit, players in this market still need a wealth of support to unpack and overcome potential hurdles. According to Xavier Hernando, Head of Liquidity Solutions, transaction complexity in continuation vehicles manifests itself in many ways. There is no one way to complete continuation funds, which take on various complexities according to the needs of the underlying fund and the assets themselves. A few examples of potential complications include broadly syndicated transactions, structured GP solutions where carry may not trigger, assets from multiple funds being rolled into a single vehicle, or preferred equity structures being used to help bridge pricing gaps. These are all complex transactions requiring years of expertise to confidently execute, and having an experienced advisor alongside you on this journey is essential to achieving the best results. Follow Reach Capital | Private Assets Advisor, visit our website, or send us a DM to explore our range of liquidity advisory services. #liquiditysolutions #advisory #privateequity #secondaries

Preqin News has spotlighted the findings from Reach Capital | Private Assets Advisor’s latest market study, looking into the major fund manager players and key trends within investing in European infrastructure. Our study found that AUM in Europe-focused infrastructure funds rose from 31% of global fundraising capital in 2015 to 37% in 2023. Forecasts show this trend is set to continue, growing to 45% of total AUM by 2026, and surpassing North America-focused counterparts. The article highlights that the energy and transportation sectors have collectively accounted for 65% of infrastructure investments since 2018. Among these, renewables have played a dominant role, driving 60% of deal volume in these sectors in 2023, underscoring the growing demand for sustainable infrastructure solutions. The report cites a $15 trillion infrastructure funding gap required to reach global infrastructure goals by 2040, showcasing the critical role that private markets will play in bridging this gap and the opportunities available to GPs in this space. If you are interested in learning more about our work within infrastructure fundraising and the creative liquidity solutions available to GPs in this market, please get in touch or reach out via DM to explore our range of mandates - we’d love to hear from you. Read the full article here: https://lnkd.in/eF4fX9k5 #Infrastructure #privateequity #fundraising #placementagent