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HELPCENTER
29 Nov. 2024 PE is the leading asset class for impact [more]
Given their unique access to private companies and long-term investment horizons, private equity (PE) firms play a pivotal role in driving sustainability, according to Deloitte, a professional services firm, in an article this week called "How private equity can pave the way to a better futu
28 Nov. 2024 Fitch revises global investment managers sector outlook to 'Neutral' [more]
Opalesque Industry Update - In its 'Global Investment Managers Outlook 2025' report, Fitch Ratings has revised its global investment managers (IMs) sector outlook to 'neutral' for 2025, reflecting a more supportive market environment than in 2024, when the outlook was 'deteriorating'. The 2025 outlo
28 Nov. 2024 Consello names Moelis co-founder Elizabeth A. Crain as new partner [more]
Opalesque Industry Update - Consello, the leading global advisory and investing platform, is pleased to announce the appointment of Elizabeth A. Crain as a Partner and member of the Executive Committee. Elizabeth brings a wealth of experience in strategic growth and business leadership. As a Fo
28 Nov. 2024 Herbert Smith Freehills expands private capital offering into Luxembourg [more]
Opalesque Industry Update - Herbert Smith Freehills is strengthening its private capital offering and its presence in Europe with the opening of an office in Luxembourg, alongside the hire of three partners in the funds, M&A and tax teams within its Corporate practice. The firm plans to open th
28 Nov. 2024 Nine in ten private market firms expect to retain or increase headcount in 2025 [more]
Laxman Pai, Opalesque Asia: Nine in ten (89%) surveyed private capital firms plan to maintain or increase headcount over the 12 months from May 2024, revealed a report. Hiring at private capital firms slowed in 2024, with 23% of firms indicating they expected to hire at a slower pace this year
28 Nov. 2024 How proper employment-related changes in a PortCo can impact the success of an investment [more]
According to a recent article by U.S. law firm Seward & Kissell, the key employment-related issues that arise when a private equity (PE) firm acquires a portfolio company (PortCo) encompass legal, strategic, and operational aspects. According to the law firm, it is important to apply thorough dilige
28 Nov. 2024 AI is a game-changer, not a fad [more]
Ian Sosso, founder & managing partner of VC firm Monte Carlo Capital, recently published some thoughts on investing in AI startups after participating in a panel called "AI Investing: Where Are the Commercial Opportunities and Where Not to Invest" organised by SuperInvestor, one of the largest priva
27 Nov. 2024 Northern Trust 2025 Outlook: Expect U.S. stocks to outperform and high yield bond market to deliver [more]
Opalesque Industry Update - Northern Trust Asset Management (NTAM) expects strong earnings and healthy sales growth to support U.S. stock outperformance in 2025. In the fixed-income market, income potential and higher credit quality make high-yield bonds attractive for investors. Summarizing th
27 Nov. 2024 LeapFrog amasses over $1bn for social impact fund [more]
Laxman Pai, Opalesque Asia: LeapFrog Investments, a Profit with Purpose firm, closed its fourth fund (Fund IV), raising $1.02 billion in commitments and designated co-investments and surpassing its initial target of $1 billion. According to a company statement impact-focused private equity (PE
27 Nov. 2024 Court Square closes continuation fund [more]
Bailey McCann, Opalesque New York: Middle market private equity firm Court Square Capital Partners has closed its latest continuation fund. The vehicle will continue an investment in PlayCore Group, Inc. PlayCore is a provider of playground equipment and recreation products. Court Square
26 Nov. 2024 Brightstar Capital Partners adds to team [more]
Opalesque Industry Update - Brightstar Capital Partners, a middle market private equity firm focused on investing in business services, industrials, consumer, and government services and technology, announced today that Charles Yoon has joined the firm as a Partner. Mr. Yoon will serve as Managing P
26 Nov. 2024 Tedesko joins Lazard's private capital advisory [more]
Opalesque Industry Update - Lazard, Inc. today announced that Jennifer (Jen) Tedesko joined the firm as a Managing Director within the Private Capital Advisory (PCA) business, based in San Francisco. Jen will focus on originating and advising on private equity secondary opportunities. In additio
26 Nov. 2024 World's 100 largest asset owners now hold a record $26.3tn [more]
Matthias Knab, Opalesque: At the end of 2023, the largest 100 asset owners (the AO100) saw their assets under management increase 12.3% from 2022 to reach $26.3 trillion, a record high, said a study. The new research by WTW's Thinking Ahead Institute, also reveals the evolving split betwe
26 Nov. 2024 UAE's Mubadala to take Canada's CI Financial private in $3.4bn deal [more]
Matthias Knab, Opalesque: Canadian investment management company CI Financial Corp. is being privatized by Mubadala Capital - the alternative asset arm of a Middle Eastern sovereign wealth fund Mubadala Investment Company - in a deal that values Canada's largest independent asset manager at C$4.
25 Nov. 2024 Neos Partners racks up $1.37bn for sophomore fund [more]
Laxman Pai, Opalesque Asia: Neos Partners, a San Diego, CA-based middle market investment firm, raised $1.37 billion for its second fund focused on energy transition and critical infrastructure. The investment firm focused on second-order investing in the energy transition and critical infra
25 Nov. 2024 Gary Gensler to leave the US SEC [more]
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), announced on Thursday that he would leave the agency on January 20, 2025 - the day of President-elect Donald Trump's inauguration. The latter, a proponent of cryptocurrency, had previously promised to fire Gensler "on day
23 Nov. 2024 Seward & Kissel hedge fund study reflects a significant increase in Mature Manager representation [more]
Opalesque Industry Update - Seward & Kissel released its 2023/2024 Hedge Fund Side Letter Study. This year, for the ninth year in a row, it has conducted a Study examining side letters negotiated by its hedge fund manager clients. The Study covers the period from July 1, 2023 through June 30, 2
22 Nov. 2024 Frazier racks up $2.3bn for 11th fund [more]
Laxman Pai, Opalesque Asia: Frazier Healthcare Partners, a healthcare private equity and venture capital firm, has closed its eleventh flagship fund with a hard cap of $2.3 billion. This gives the veteran firm its largest pool of capital ever to deploy in growth-buyout deals. Frazier Healthca
22 Nov. 2024 Bain Capital amasses $9bn for special situations platform [more]
Laxman Pai, Opalesque Asia: Global multi-asset alternative investment firm Bain Capital created one of the largest global special situations investment pools with $9 billion of investable capital. The American private investment firm based in Boston said in a media release that it has complete
22 Nov. 2024 SEC obtains preliminary injunction against Hedonova, blocking US fundraising activities [more]
Matthias Knab, Opalesque: The U.S. Securities and Exchange Commission (SEC) has secured a significant legal victory in its ongoing case against Hedonova LLC and its advisory arm, as a federal court has issued a preliminary injunction barring the firms from raising funds from U.S. investors.
21 Nov. 2024 US VC funding surpasses $100bn mark in first 10 months of 2024 [more]
Opalesque Industry Update - The total venture capital (VC) funding value in the US surpassed $100 billion mark during the first 10 months of 2024, solidifying the country's dominance in the global VC landscape. During this period, the US recorded $117.2 billion worth of VC funding deal announcements
21 Nov. 2024 Hunting Hill Global Capital adds to team [more]
Opalesque Industry Update - Hunting Hill Global Capital, an SEC-registered investment advisor specializing in alternative asset management, has today announced the appointment of Angelo Chan as Managing Director. Chan brings with him a wealth of experience in crypto financing, capital structuring, a
21 Nov. 2024 Family offices increase their appetite for risk [more]
Opalesque Industry Update - Family offices appetite for risk is set to increase over the year ahead with improved regulation of risker assets seen as the key reason, new global research from Ocorian, the specialist global provider of services to high-net-worth individuals and family offices, financi
21 Nov. 2024 Agecroft Partners opens Hong Kong office in a bid to expand in Asia [more]
Matthias Knab, Opalesque: Agecroft Partners, a global alternative investment consulting and marketing firm, is expanding its reach in Asia by opening a Hong Kong office and welcoming industry veteran Jerry Wang, as a business partner of Agecroft. According to a press note, Wang, along with a
21 Nov. 2024 Managers' most important decision is how to combine ownership and debt assets [more]
"From my vantage point, 'asset allocation' is a relatively new thing," writes Howard Marks, co-chairman of Oaktree, in his recent memo, "Ruminating on Asset Allocation". No one used that phrase when he joined the industry 55 years ago, he continues. Then, structuring portfolios was a
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