KLH Capital’s Post

I have found London-based Partners Capital to be one of the most thoughtful advisors and allocators in private markets across the globe, focusing on outsourcing investments for institutions including family offices, foundations and endowments. Multi-strategy private markets fund manager General Atlantic enters the segment, buying a minority interest from existing investors including entities tied to Lord Jacob Rothschild and Sir Ronald Cohen, a co-founder of Apax Partners, who are both staying on as shareholders. General Atlantic, once a global growth investor in private markets, has rapidly become a multi-strategy manager, with the acquisitions of infrastructure manager Actis and private credit specialist Iron Park, as well as taking a stake in secondaries market specialist Clipway. This is all in advance of an anticipated IPO for General Atlantic as it scales in a private markets fund management industry expected to endure a prolonged period of consoldation. It will be interesting to see more M&A in the industry. #alternativeinvestments #consolidation #privatemarkets #privateequity #fundmanagers #publiccompanies #institutionalinvestors #limitedpartners #acquisitions #capitalmarkets #ocio #endowments #foundations #allocators https://lnkd.in/gHqs5KPQ

SPAC Feed: Q+A: What are SPAC vehicles, how do they work, and why Jett Capital Advisors reckon EUR’s Wolfsberg asset …  Stockhead Source:… - https://lnkd.in/eEJpUFUV #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business

#CyndxDailyNewsletter Highlight 💡 Buyers Edge Platform announces a significant $425M preferred equity investment led by General Atlantic Credit's Atlantic Park Fund, with participation from Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. Stay tuned as the company continues to evolve and innovate in the realm of procurement solutions: https://hubs.li/Q02sfzlv0 How are other firms utilizing M&A to broaden their reach? Subscribe to Cyndx's daily newsletter to find out: https://hubs.li/Q02sfqLQ0 #Cyndx #MergersAndAcquisitions #Dealmaking #BuyersEdgePlatform #Investment #Finance #ProcurementSolutions

Demystifying Direct VC Secondaries: Beyond the Discount When it comes to direct VC secondaries, the term ‘discount’ is often the first word that comes to mind. But let’s demystify the factors that truly influence the pricing of secondary shares: 📈 Business Performance: It’s not just about current growth; it’s the projected future that shapes value. At Giano Capital, we analyze how businesses are scaling and their expected growth in the coming years. 🔑 Share Types & Rights: Common or preferred? The rights associated with these shares, such as voting or dividends, can significantly sway their valuation. 🏗️ Liquidation Preferences: With liquidation preferences growing more complex, understanding your position in the preference stack is crucial. ⌛ Expected Time to Exit: Like in option pricing, the smaller the time to "expiry" the smaller the discount. It is important to note that In the dynamic landscape of VC secondaries, it’s not uncommon for standout companies to command a premium. The allure of robust business models and strong growth trajectories can often eclipse the notion of discounts, reflecting the market’s confidence in their potential for success. #venturecapital #secondaries #DirectSecondaries #PrivateMarkets #GianoCapital #Secondaries #Discount #unicorn #exit

Blue River Financial Group advised Audax Private Equity, leading middle market private equity firm, on a recent acquisition by one of its portfolio companies. By integrating this acquisition Audax expands its impact and reach in the northeast region. Read the full press release. #middlemarket #mergersandacquisitions #investmentbanking #buyside

Vedder Price is pleased to have represented the Special Committee of Independent Directors of BlackRock Capital Investment Corporation (“BCIC”) in the previously announced merger of BCIC with BlackRock TCP Capital Corp. in a team led by Investment Services Group Shareholders Deborah Eades and Bruce A. Rosenblum. Additional team members include Jennifer Durham King, Nathaniel Segal, and Litigation Chair Thomas P. Cimino, Jr. To read more about the recent case, visit our website. #BlackRock #InvestmentServices #MergerAnnouncement

Lowenstein partner James O'Grady moderated a panel during the 36th Annual ROTH Capital Partners (ROTH MKM) Conference in Dana Point, CA. O’Grady, alongside Roth’s Lou Ellis, Marcum LLP’s Janet Levy, CPA, and Nasdaq’s Andrew Hall, unpacked the essentials of navigating the IPO landscape, from current market dynamics and preparation tips to post-public life, offering CEOs and CFOs a comprehensive roadmap for taking their companies public. Read Jamie’s bio: https://lnkd.in/gnsGMhzV #initialpublicoffering #capitalmarkets #securitieslaw #lawyers #regulatorycompliance

LPX50 constituent company, Wendel has announced the acquisition of 75% of Monroe Capital LLC, a private credit market leader based in USA. Wendel will initially invest $1.13 billion to acquire 75% of Monroe Capital. This acquisition signals Wendel’s commitment to building a scalable asset management platform while maintaining its core investment strategies, setting the stage for sustained growth and shareholder value creation. The transaction is expected to close in the first half of 2025, subject to regulatory approvals. Wendel is one of Europe’s leading listed investment firms, with a history dating back over 300 years. Headquartered in Paris, Wendel specializes in making long-term equity investments in European and North American companies, focusing on market leaders across various industries. 🔷 Link to official press release 👉 https://lnkd.in/d-Cc8EBq 🔷 Subscribe to Listed Private Equity Barometer published by LPX AG 👉 https://lnkd.in/ex-E8nej Disclaimer: This content is provided for informational purposes and none of the content here should be construed as financial advice or an offer or solicitation for securities. The content is not intended to provide a sufficient basis on which to make an investment decision. The past performance is not indicative of future results.   #privateequity #alternativeinvestments #privatemarkets #investments #listedprivateequity #privatedebt #privatecredit

ThrustVal is a PE & VC firm invest globally from Seed to Pre-IPO Stage and works with investors to sign high value deals We are inviting all the investors, wealthy tycoons, family offices, institutions, LP's and VC's to be part of the ThrustVal Investors list to work with us on some of the high value proposals we have from multiple industries, discuss topics, plan growth and connect with like minded people in the ecosystem Please join using below link to become an active members to learn and understand the opportunities and availabilities we have https://lnkd.in/gMchFB87 #familyoffices #lps #vcs #investors #investment #insitutionalinvestors #angelinvestors #angelinvestor #venturecapital #venturecapitalists #privateequity #venturecapitaldeals #venturecapitalism