Sun, Aug 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Private Equity Strategies

Editorial

Thursday, November 15, 2012

Welcome to the first edition of Opalesque Private Equity Strategies. Private Equity is one of the most active areas of investment world wide, currently fostering the growth of emergent economies like China, while propping up much of the recovery in the US and EU. Private Equity Strategies will examine the full scope of private equity investments globally, examining jurisdictions, revealing key trends and speaking with industry leaders.

In this edition we are focused on the US, which recently saw the first Private Equity candidate for President in Mitt Romney. Romney's candidacy elevated the national awareness of Private Equity as an industry, and according to some insiders has had a chilling effect on the willingness of many general partners to be transparent. Indeed, some have even retreated. We will examine the effect of Romney on popular understanding of the industry and Bain Capital's reputation. Another key issue facing general partners coming out of the election is the future of the US tax structure and the effects of the looming fiscal cliff, we will discuss what GPs can expect with a tax policy expert from Anchin, Block & Anchin.

In our sector focus, energy and infrastructure will take center stage. The cost of energy in the US is a hot topic for North American consumers, but also general partners who are funding many renewables projects and looking more closely at master limited partnerships. BlackRock's Russ Steenberg, Global Head of BlackRock Private Equity Partners (PEP) notes in an interview that energy investments have a ripple effect to a variety of other sectors. Our data snapshot shows how assets into this area have increased in recent years.

David Fann, CEO of TorreyCove, a private equity advisor to large US pension funds explains how institutional investors hunting for returns large enough to meet their mandates should become more active in private equity. He also discusses the looming consolidation in US Venture Capital as investors in those funds, all too often lose more money than they make.

Our movers and shakers section will highlight some recent entries and exits across all market caps including an in-depth interview with Monroe Capital CEO Ted Koenig about Monroe Capital Corp, which recently launched an IPO of its business development company and will be providing provide senior, unitranche, junior secured debt, unsecured subordinated financing and equity financing to middle market companies in the U.S. and Canada. He will share his views on the very active middle market and whether it's too early to call a time of death for the US IPO market in 2012.

In our M&A outlook, we'll examine newly released dealflow data showing that while 2012 activity in M&A may have been muted, there is a backlog of deals ready to move after markets get more clarity on the fiscal cliff and other macroeconomic factors at the beginning of 2013.

On quick hits we'll look at some of the recently announced transactions and people moves in the industry. Finally, our events spotlight will let you know about future conferences and capital roundtables happening in the US.

I hope you find this new publication useful. I want to hear from you as well, want to sound off? Do you have feedback? News of your own? In future issues we will be going global so if you are outside of the US I want to hear from you too. Drop me a note - mccann@opalesque.com

Best,
Bailey McCann
Editor

 
This article was published in Opalesque's Private Equity Strategies our monthly research update on the global private equity landscape including all sectors and market caps.
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies


Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

banner