Asian Venture Capital Journal (AVCJ)’s Post

📢 Don’t miss your chance to be part of the 🏆 24th AVCJ Private Equity & Venture Capital Awards (https://lnkd.in/gJDjpteJ). #Nominations close on 23 September (next Monday) 📆: https://lnkd.in/gM-pwKKD) 🏅 The Awards have become a mark of distinction in Asian #privateequity, recognizing top-tier innovation, ingenuity, and performance. They are also unique in the region in how they are distributed - relying on nominations and #votes cast by Asia's entire private equity and #venturecapital community, and on contributions from a select panel of industry judges. Submit your nominations for #firms, #fundraises, #investments, and #exits that deserve recognition. Self-nominations are allowed, with a limit of one entry per category. #AVCJAwards #fundraising #deal #responsibleinvestment #exit #IPO #operationalvalueadd #smallcap #midcap #largecap

📌 In response to industry demand, we would like to inform you that the nomination deadline for the AVCJ Private Equity & Venture Capital Awards (https://lnkd.in/gJDjpteJ) extends to 📆 Thursday, 26 September 📆. Join us in recognizing the best in the industry by putting forward #firms, #fundraises, #investments, and #exits that represents the best in Asia. Firms nominating themselves may submit only one entry per category. The winners will be announced on 18 November as part of the 37th Annual AVCJ Forum.  📝 Submit your nominations now: https://lnkd.in/gM-pwKKD 👉 Understand the criteria for each category: https://lnkd.in/gBB5wb-f #AVCJAwards #privateequity #venturecapital #GP #ESG #IPO #smallcap #midcap #largecap #responsibleinvestment

Just after the Baltic PE/VC Market Overview 2023 made by KPMG. Lots of valuable data about fresh capital raised and investments/divestments made by Baltic funds. Year-on-year trends available, check it out. 💡 My takeaway – growth capital is scarce and will be most wanted in the coming years. While early VCs have to be specialised or otherwise standout in order not to get lost among the 840m of dry powder. #privateequity #venturecapital #fundraising https://lnkd.in/dPCMcZGx

Emerging VC managers have been bearing the brunt of this particularly challenging fundraising environment. But not all LPs are being as cautious with emerging managers. Laura Thompson, partner at Sapphire Ventures explains, "Where can you get really good [venture] returns? It's the smaller fund sizes and emerging managers." Data from PitchBook supports this, showing that from 2014-2023 emerging manager median and top quartile TVPI outpaced their established counterparts. Despite the difficult fundraising market, Renegade Partners recently closed their second fund at $128m. Renata Quintini cited two talking points that were powerful when pitching LPs: 1. Last financial crisis in 2008, a lot of LPs pulled out of VC completely only to miss fantastic vintages of 2009, 2010, 2011. 2. The power of emerging managers as the next crop of venture. A lot of established VCs have grown AUM and have become more multi stage in nature, so emerging managers are coming into the fold with new products focused more on founders and boutique approaches which can be great return generators going forward. Check out the full interview with Forbes here: #venturecapital #vc #fundraising

Wonderful session hosted by Adrien Rollé and Hugo Vautier from Opportunity Financial Services at #HackSummit. Panelists included Yves Speeckaert, Michael Napper, Bernard Couvreur and Xavier Pierluca. The session was on launching a VC in 2024 and beyond, delving into the intricacies of setting up a VC fund with an optimal structure. We explored why #Luxembourg is the prime choice for fund structuring (especially now impact funds), highlighting its investor-friendly environment and regulatory advantages. Want to hear more about the advantages of structuring in Luxembourg? Let's chat! #VentureCapital #FundStructuring #FundGovernance

New Zealand private equity firm rasised $NZ300m A New Zealand private equity firm which achieved a successful exit of Auckland-based private education business Academic Colleges (picture) has raised $NZ300 million for a new mid-market growth capital and buyout fund. Read more about this, and much more about private equity and venture capital, at: https://lnkd.in/gE-aPUTb #privateequity #venturecapital #buyout #growthcapital

Private equity in Southeast Asia has been inordinately challenging over the past few decades, with very few fund managers delivering attractive net realized returns to limited partners. However, I have been hearing from returns-focused limited partners, other #fundmanagers, management teams and #founders across the market that Dymon Asia Private Equity are one of the few distinguished fund managers in SE Asia, so this Fund IV raise will be particularly noteworthy. #privateequity #fundraising #seasia #alternativeinvestments #capitalmarkets #limitedpartners #asiapacific #singapore #privatemarkets https://lnkd.in/g6V7D5DJ

💼 𝗔𝗿𝗲 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗚𝗶𝗮𝗻𝘁𝘀 𝗔𝗱𝗷𝘂𝘀𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗙𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗚𝗼𝗮𝗹𝘀? 💵 Private equity is setting more realistic fundraising targets in 2024. With mega-funds still leading the charge, how are the biggest players adapting to the evolving market? 1️⃣ 𝗞𝗞𝗥 𝗟𝗲𝗮𝗱𝘀 𝘄𝗶𝘁𝗵 𝗔𝗺𝗯𝗶𝘁𝗶𝗼𝗻: KKR is targeting $20 billion for its North America Fund XIV, just slightly above the $19 billion raised in 2022. This strategic, yet conservative, goal reflects market caution while maintaining dominance. 📊 2️⃣ 𝗧𝗲𝗰𝗵-𝗙𝗼𝗰𝘂𝘀𝗲𝗱 𝗧𝗵𝗼𝗺𝗮 𝗕𝗿𝗮𝘃𝗼: Thoma Bravo is seeking $20 billion for its 16th buyout fund. Although this target is lower than its previous $24.3 billion fund in 2022, it signals a shift towards more achievable, yet still ambitious, fundraising objectives in tech. 💻 3️⃣ 𝗖𝗼𝗻𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝘃𝗲 𝗧𝗮𝗿𝗴𝗲𝘁𝘀 𝗔𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝗕𝗼𝗮𝗿𝗱: Other major funds, like EQT X, have surpassed their goals, with $24 billion raised, showing that while caution is in the air, confidence in strong asset managers remains high. 🏦 4️⃣ 𝗙𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: Firms like Apollo faced difficulties, closing their 10th fund at $20 billion, below their $25 billion target. These shortfalls highlight the tougher environment for capital raising in 2024. ⚠️ ⁉️ 𝘞𝘪𝘵𝘩 𝘧𝘦𝘸𝘦𝘳 𝘮𝘦𝘨𝘢-𝘧𝘶𝘯𝘥 𝘭𝘢𝘶𝘯𝘤𝘩𝘦𝘴 𝘢𝘯𝘥 𝘤𝘢𝘶𝘵𝘪𝘰𝘶𝘴 𝘧𝘶𝘯𝘥𝘳𝘢𝘪𝘴𝘪𝘯𝘨 𝘵𝘢𝘳𝘨𝘦𝘵𝘴, 𝘸𝘪𝘭𝘭 𝘱𝘳𝘪𝘷𝘢𝘵𝘦 𝘦𝘲𝘶𝘪𝘵𝘺 𝘧𝘪𝘳𝘮𝘴 𝘣𝘦 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘴𝘶𝘴𝘵𝘢𝘪𝘯 𝘵𝘩𝘦𝘪𝘳 𝘮𝘰𝘮𝘦𝘯𝘵𝘶𝘮 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘵𝘩𝘦𝘴𝘦 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘢𝘥𝘫𝘶𝘴𝘵𝘮𝘦𝘯𝘵𝘴? 🤔 Interesting! [𝐋𝐢𝐤𝐞] 👍 Helpful? [𝐑𝐞𝐩𝐨𝐬𝐭] ♻ Insights on this subject? [𝐒𝐡𝐚𝐫𝐞 𝐛𝐞𝐥𝐨𝐰] 💬 Do not want to miss the next post? [𝗙𝗼𝗹𝗹𝗼𝘄] 🔔 Nexus Capital Middle East 𝗦𝗼𝘂𝗿𝗰𝗲: PitchBook, Madeline Shi 📢 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: This post is for informational purposes only and reflects personal opinions. It is not intended as investment advice. Always conduct your own research or consult a financial advisor before making investment decisions. #NexusCapitalME #PrivateEquity #Fundraising #DryPowder #KKR #ThomaBravo #TechInvestments #MarketTrends #InvestmentStrategy #VentureCapital Jason Gibb Damian H.D. Conway Vitor Moreira Nogueira

💡 Know Your VCs. At our annual Pre-Seed Conference, Miriam Bashan dropped a gem of advice for early-stage founders: “When raising pre-seed funding, it's crucial to thoroughly research potential #VCs before reaching out. While VCs may be actively looking to speak with founders, it doesn’t necessarily mean they are actively investing or have available funds. Your time is valuable - do your research and ensure your #fundraising efforts are focused on investors with 'dry powder' and that you align with their investment criteria" So, do your due diligence, set clear goals, and target the right investors 💪 Thanks, Miriam! Guy Katsovich | Yair Vardi | Amit Shechter | JAL Ventures Fund #founders #preseed #drypowder

Margins for distributors in mutual funds are structurally declining, yet top venture capitalists are placing significant bets on MFD-based Wealthtech platforms. Some notable recent funding rounds include: 1. Centricity is raising ~$15M in Series C funding from LSIP. 2. Dezerv secured ~$32M in a Series B round led by Premji Invest & Z47 (*). 3. Wealthy raised ~$5.6M in a Series A+ round from Alpha Wave. This underscores the resilience and growth potential of the MFD model. Despite margin compression, market expansion offers promising opportunities. If you’re a mutual fund distributor, stay committed and continue building. Join our community through the link below: https://lnkd.in/dfA88Nmv