Select Alternative Investments

Select’s 12th U.S. multifamily vintage is focusing on income-generating apartment assets trading below replacement cost in strong regional markets. Recent challenges in the U.S. multifamily sector such as higher interest rates, increased refinancing costs and localized short-term oversupply have created opportunities to acquire high-quality assets at deep discounts, with valuations down 30% from their 2022 peak. Long-term fundamentals for the multifamily sector remain strong. Rising demand for rentals, driven by high mortgage costs and a 60% drop in new construction, is creating a favorable supply-demand dynamic that is set to drive rent growth and enhance capital appreciation. With over a decade of experience and $3.2bn in investment volume across 22,000 multifamily units, Select Alternative Investments is well-positioned to capitalize on these market conditions. #Multifamily #RealEstate #PrivateEquity

Select Alternative Investments expects to realise 6x return in Growth Stage Tech.   Select is excited to announce that Ecosio, one of our portfolio companies specializing in automated B2B communication, has been acquired at an enterprise valuation of c. USD 180m by NASDAQ listed company Vertex Inc. This acquisition marks the first exit in our Venture Capital VI Portfolio, launched in 2020, and is projected to deliver a 6x return on our investment. Targeted to fully de-risk our remaining portfolio, this transaction underscores the value of our strategic approach to investing in high-growth technology companies that can attract substantial interest even in a challenging exit environment. Congratulations to all our partners and investors for their continued trust and support!      For more information on the acquisition, please refer to the official statements here: https://lnkd.in/gwPavj8W https://lnkd.in/dixEjJ4m   #ecosio #VentureCapital #CoInvestment 

We are delighted to announce that an affiliate of Select Alternative Investments has acquired a majority interest in a prominent freehold headquarters building in London, formerly the head office of Diageo, at a deeply discounted acquisition basis.   We are excited to collaborate with a fantastic team on the ground – LSL Partners, Central & Provincial Partners, and Eastborough Partners – as we look to bring forward proposals to reposition this magnificent asset. The plans for the asset put sustainability and low-carbon development at the forefront and complement the regeneration and vibrancy of the local area, which has seen over 1,200 homes already delivered within the business park.   #PrivateMarkets #PrivateEquity #RealEstate #DirectInvestments #LowCarbon

Select Alternative Investments is proud to share that we have been recognized to have met the international standards for investor membership with the UN-supported Principles for Responsible Investment (PRI). Our first official transparency report can be accessed publicly from the PRI Data Portal (https://lnkd.in/gnFsEUkz). As a proud signatory of PRI since 2020, we continuously strive to develop and progress in responsible investment initiatives in alignment with global standards. Going forward, we will use this opportunity for further enhancements, particularly in investment policy, strategy, and post-investment ESG risk monitoring. PRI reporting standards and requirements are still evolving, representing a learning curve for all industry participants and we are committed to staying abreast of this rapidly developing framework. Our commitment extends to reflecting the pressing challenges of climate change within our investment policy, aligning with our dedication to continuous improvement and transparency as we navigate this dynamic landscape. We thank everyone involved in achieving this major milestone! #ResponsibleInvesting #UNPRI #Sustainability

Select Alternative Investments is pleased to announce an investment vehicle that Select advises sold a 2,352-bed student housing portfolio in Australia to Blackstone Inc. We are glad to be an equity partner in this investment and congratulate Valparaiso Capital Partners Pte. Ltd. for the smooth closing of this deal. This successful exit signifies the culmination of our collective efforts, especially considering the significant challenges posed by the COVID-19 pandemic. #AlternativeInvestment #StudentHousing #PBSA #PrivateEquityRealEstate #CommercialRealEstateInvesting

Select Alternative Investments is proud to announce the closing of an investment in a leading supplier in the European Personal Protective Equipment industry. The company is ranked as the #1 safety shoe manufacturer in the EU and is supported by a cohesive management team with clear growth plans and multiple value creation initiatives. Following the recent exit of our investment in Gruppo Florence to Permira, this new investment leverages our experience in the Italian Buy-and-Build space. #Italy #PrivateEquity #BuyandBuildStrategy #PersonalProtectiveEquipment