British Emerging Manager Institute (BEMI)

Private markets 🏢 🏗️ 🏬 Great to be able to share some of the ideas we've been developing on how private markets might feature in our investment portfolio. A few points to emphasise: We want to do something that really adds ££s to members pensions, that means a few things: - Build in hurdle rate requirement over and above what listed markets can already offer (after fees) - Pathway to a meaningful allocation of the portfolio, real conviction, not just toe in the water. - Fees that offer a fair split of economics and leaves the value generated from these assets in the hands of members (sounds obvious, often doesn't happen) Scale is key. We've now reached the right scale for this, so we can hold these assets in the optimal way, for example: direct deals, co-investments, funds. Structures, vehicles and operations matter here. Good and bad investments exist in private markets, plus private markets are less efficient. This leads to opportunity and risk and the investment process has to adapt. You need the expertise internally to analyse and build conviction in sectors and deals. You need the right external partner(s) who can provide access to opportunities on the right terms. Our growing team of 20 dedicated investment professionals is now getting to the stage that makes this possible. Small team, big impact, important work. Deployment timelines. A big issue over last decade has been the availability of opportunities in the UK - it's just been hard to deploy meaningful assets due to bottlenecks created by grid connections and planning. Some signs these might change. We would like to look predominantly to the UK for these assets but if the right opportunities aren't there we will go elsewhere. Looking forward to developing this further with the team over 2025. Exciting times for UK pensions, lots of work, let's do this! Inboxes melting today over here... https://lnkd.in/emaKdBcD

The British Emerging Manager Institute (BEMI) is now six months old. We've made great progress - 56 GPs now call the Institute home, from independent sponsors to fund managers, infrastructure through to venture and everything in between. We now have 15 LP partners, and are building comprehensive profiles to help GPs tailor their contact. Lastly, and importantly, we're sincerely grateful to our service provider partners who provide the content and support to the Institute and those managers: Gold: Alpha Group Alvarez & Marsal Blick Rothenberg BMS Group IQ-EQ Ogier Simmons & Simmons Ternion Silver: Bespoke design (web dev) Carta Corvus Group Couno ® IT Solutions EMERGNT - Emerging & Independent Sponsor News Judd Advisory Limited Taylor Wessing

As we all welcome 2025, private markets founders are currently planning, building or growing their firms. We know what that's like. It takes a trustworthy and reliable network of supportive advisors, capital, and careful planning to maximise your chances of success. The British Emerging Manager Institute (BEMI) has an exciting year of events, content and support planned for our GP members. We're adding LPs to our community and will soon launch detailed LP profiles to help you understand what they look for. Our content will guide you, and our WhatsApp group is always available to support you. Reach out to the Institute if you need support, and we'll do our best to point you in the right direction, and connect you personally with our partners who can help you as you grow. If you're not yet a member, contact the Institute via our website, and after verification, we can get you free and full access. 2025 will be your year. #emergingmanagers #alternatives #gpseeding #capitalraising #fundraising #independentsponsors #privateequity #privatedebt #infrastructure #vc #venturecapital #pe #fundlesssponsors #directdeals #familyoffices

On 28 November British Emerging Manager Institute Gold Sponsor IQ-EQ hosted a clinic on #emergingmanager and #independentsponsor firm formation, operations and administration. We covered a number of topics in a collaborative round table format, including: regulatory setup, compliance, administration and firm management. A huge thank you to IQ-EQ for their continued support and partnership. Their expertise and commitment to fostering the next generation of GPs are invaluable to the BEMI community. If you missed it, stay connected—more events are coming!   #GPs #FirmFormation #PrivateEquity #VentureCapital #IQEQ #BEMI #Collaboration #Networking

2024 has been a huge year for Corvus Group – alongside our continued delivery of fractional GC support to our clients we’ve rebranded, pivoted the business, taken on staff, appointed Karen Sands as our first NED, partnered with Quantium , joined the British Private Equity & Venture Capital Association (BVCA) and the British Emerging Manager Institute (BEMI), sponsored and spoken at a range of events and have received our FCA authorisation – read all about it using the link below. Happy holidays to everyone and see you all in 2025!

Great to see the first British Emerging Manager Institute (BEMI) clinic take place on the topic of fund administration and firm operations. Thanks to gold sponsor IQ-EQ for their role in hosting and supporting. The round table format allowed guests and panellists the opportunity to explore a number of areas that many emerging managers focus on, from regulatory setup, to compliance, to cost. #emergingmanagers #alternatives #fundraising #uk #privateequity #privatemarkets

London emerging managers - we still have a spot remaining for tomorrow's inaugural British Emerging Manager Institute (BEMI), hosted by IQ-EQ, at 4pm. The session will cover a number of the burning questions we received from attendees ahead of time: - Deal by deal vs. fund setup - Regulatory requirements to get setup - Typical costs for setup and ongoing operation Shoot the Institute an email at member.services@bemi.org.uk to attend.

🧨 The list of documents LPs need to evaluate an independent sponsor deal. One of the most-asked questions I receive from ISs: “what documents do I need to raise capital for a single deal?” The following is a representative list, but very much a starting point – many LPs will place different emphases. 1.     Pre-NDA teaser 2.     NDA 3.     Post-NDA deck 4.     GP firm teaser presentation (if separate) 5.     Opportunity IC memo 6.     Third party diligence 7.     Reference calls 8.     Deal model, building up to LP returns 9.     Legals (including SPA) A more detailed description of each document is provided in the British Emerging Manager Institute (BEMI) (and forthcoming US Emerging Manager Institute (USEMI)) resources areas for members. Sign up at bemi.org.uk and us-emi.com

What an incredible group of women! Emma Glyn and I were delighted to host our inaugural Women in Private Equity dinner in the private dining room of Barrafina, London. This dinner marks the start of a series of gatherings we’re organizing to bring together women in private equity—not simply to 'network', but to create a platform for building real connections with women in private equity at similar stages in their careers, for exchanging ideas, and, most importantly, for sharing and creating opportunities to go further and faster together. A huge thank you to our brilliant sponsor, the British Emerging Manager Institute (BEMI) (BEMI), for your partnership and for supporting this initiative from concept to reality. If you are—or know—a woman in private equity who would like to join future events or dinners, please do reach out. We’re committed to building a stronger, more connected global community of women in private equity. Thank you to everyone who made the first dinner as fantastic as it was: Alessandra Macmillan Aliya Yasmin Ahmed Catherine Allan Charlotte Vince Chloé Hogg Clare Storms Courtenay Durbridge Emma Smith (nee Harrison) Julia Lech Kate Garvin Katie Elkins Kelly Li Kirstie-Lynne Kerr Liz Perrott Luisa Alix Orsini Misha Millar-Wilkinson Zara Humayun Zoe Yeo (née Karkaletsos) Margret Barclay Ed Stubbings