PE Key Trends Report
News, analysis, trends, and best practices brought to you by Palico
Multiplicity’s Andres Hefti on the alluring intersection of distress and secondaries
Our guest is Andres Hefti, Partner at Multiplicity Partners, an investment firm specialised in providing liquidity solutions to holders of private market funds and distressed assets. He explains how Multiplicity Partners shifted from being an advisory firm to becoming themselves an investor in PE secondaries. Mr Hefti shares his experience
In private capital return rankings, venture capital reigns supreme
Venture capital is having its day in the sun. Cast your minds back to March 2020: investors were rightly concerned that fund managers would call capital en masse to support portfolio companies and exit markets would be closed for business. That never came to pass. Instead, surplus flows back to
Here’s one way that PE will boost the post-pandemic recovery
Cutting costs, bolt-ons, multiple arbitrages, a little leverage. Just a few tried-and-true methods that private equity uses to create value in portfolio companies, to deliver the investment returns that LPs so crave. Well, now you can add exports to that list. In a paper published this month, academics found that companies backed
Neetesh Kumar from Spruceview Talks About The Sweet Spot Of Low & Mid-Market Buyout Funds
Today’s post features a not-to-be-missed opportunity to hear from Neetesh Kumar, Partner at Spruceview Capital Partners, a fund of funds investing in low and mid-market buyout fund opportunities focused in the US. He takes us through Spruceview’s specific investment methodology
The rising tide is good news for buyout and VC fund managers
Things are looking great for private equity fundraising. Firms are now amassing more capital than prior to the pandemic. All told, $188bn was raised across 452 funds in Q1, surpassing the $163bn collected by 431 funds in the same quarter of 2020, Preqin data show. A soaring stock market has undeniably
Stars Align for a Stellar Year in Secondaries
The market for private equity secondaries was something of a damp squib in 2020. GP-leds performed well owing to the relative ease of valuing funds with only one or two holdings to their name, but PE fund secondary deals were few and far between. All told, this core of the market halved in
