VentureFriends’ Post

NorthBridge Partners has hailed "strong secular tailwinds" as it raises nearly $950m for new real estate logistics fund. The firm has already beat the target $800m that was set for NB Partners Fund IV. Greg Lauze Dean Atkins Aimee Antidormi Paul Barbosa Jr, MSA,CPA Robert Bechtel Ryan Carroll Kimberly Cinnamond Galardi Dan Dretler #privateequity #realestate #funds #investorrelations Read the full story here: https://lnkd.in/eQ4hS2tS

Adams Street Partners recently raised $1.4B in just 6 months. Their process is fairly secretive, we’ve managed to find one piece of the puzzle: In their announcements, Adams Street highlighted that their decades-long investor partnerships and proven track record in the private equity secondary market were pivotal to this successful raise. But how do you effectively manage and leverage such relationships - especially at scale? At Avalanche, we believe that a well-organised network of key connections is foundational to any successful fundraising effort. Our “book of warm relations” spans Family Offices, VCs, Accelerators, Incubators, and PEs, collectively representing $31B in assets under management. Want to build your own? We're giving away our template, making it easy for you to track and engage your investor relations based on criteria that matter - at the click of a button. If you're a GP, Partner, or responsible for Investor Relations, and would like to ensure you secure your goals for your next fundraising round, to get access to the document, simply: 1. Follow and connect with me; 2. Comment “Warm Relations”. And I’ll send it to your inbox.

Although the original post is more about encouraging other GPs not to give up on the dream, I have to say this as one of the people referred to in the mentioned statistic. Just remember people raising the money is not the end zone, it just gets into the game. You still need to show the ability to create profit. My advise is this. First, be patient. finding investors is like dating. You go on many before you meet your wife. Also, if you, as a GP, want people to invest in your property, just find one good deal. I like a lot of people that I have met BUT I’m not in the business of awarding people with an investment based on a good first or second impression of them. It’s always all about the deal specifics and their track record. If your frustrated about trying to raise cash, focus some of that energy on building on improving your process and your deal searches. 1) Try refining your ability to create models and pitchdecks. 2) Find deals in the regions that make sense to investors. And not just deals inside your local area. Personally, I like the area I live in (mostly) but, I have never even considered a property investment here because the math just doesn't work. 3) Realize your strengths and weaknesses. And if there is a skill set that is a weakness for you, consider a finding a partner or a consultant that can help you strengthen it. 4) Consider making a more favorable profit split or charging a lower minimum to your potential investors on deals until you have created a track record that will give you the ability to charge more normal market rates and minimums. No investor wants to miss out on a great deal. However, every investor is concerned about placing a bad bet. And no investor will give you money because of your fantastic smile or ability to tell a good "ice breaker" joke in an intro meeting.

Who are the top real estate private equity firms? Find out with the 𝗣𝗘𝗥𝗘 𝟭𝟬𝟬 -- the ranking of the biggest 100 private equity real estate firms in the world. Then once you've finished checking out the PERE 100, take a look at the 𝗣𝗘𝗥𝗘 𝟮𝟬𝟬. These are the second tier of private real estate capital raisers defied the odds of an increasingly competitive market to post a new record aggregate fundraising total. Discover the who's who here: https://okt.to/bY4Ict #PERE #RealEstate #PERE100 #PERE200 #Managers #Fundraising #PrivateEquity

Fund raising is not that difficult. You just need to know how to present your ideas/product correctly to win trust.

The secondaries market for private fund interests has grown at great scale over the last few years, with dry powder and fundraising at record levels. The 2023 secondary market volume stood at an estimated U$115 billion and the average flagship secondaries fund grew 48% from its predecessor fund, both according to PJT Partners. #TeamSPB explore how outside thinking and creativity can help sellers achieve optimal outcomes in the LP-led secondaries market. Read the full publication here ➡️ https://ow.ly/cZbm50RSjOC #SecondariesMarket | #PrivateFund | #GPLed

I wouldn't be surprised if we see private equity firms acquiring small wealth management firms at the management company level as a mechanism to acquire retail sales capabilities. Many of these wealth management groups (RIAs in the US) are already highly plugged into the HNW and mass affluent markets. This isn't a trend that I see confined to large cap managers. E.g. if I was a $1-5B AUM manager I'd be exploring these options as ways to expand fundraising capabilities.

A shout-out to early-stage family offices. To those who backed us right from the start. Their trust means a lot to us as a first-time fund. Without them, we couldn't have launched our fund. I owe a huge shoutout to our backers. #venturecapital #angelinvesting #startupfunding #europe "

We are coming back with another opportunity to level up! 🤓 Join us at the next Multifamily Hackathon - Build a Capital Raising Business on April 20 at Holiday Inn Express Houston. 🏙️ Don't miss out, secure your spot now! 👉 https://lnkd.in/g9z6MgeY #MassiveCapital #massivegoal #massiveaction #RealEstateInvesting #BuyingMultifamily #RealEstateProfessionals #InvestmentStrategies #MultifamilyInvesting #PropertyInvestment ##MultifamilyHackathon #HoustonEvent

It's great to have our Managing Partner, Olav Ostin, featured in the latest article from the team at SecondaryLink on the rise of specialised secondaries and the increased interest from LPs in this space. As the piece articulates, the bullish outlook on the secondary market is only getting stronger as the space gears up for record volumes in 2024. As Olav states, "LPs are more interested in secondaries funds than they were two or three ears ago. Every LP you talk to now is saying that secondaries are of interest to them. Even the ones who have ever looked at secondaries are trying to find out how to position themselves in the secondary market." Click on the link below to read the full article! #secondaries #VCsecondaries #secondarymarket #techinvesting