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31 Mar. 2024 Hildred Capital closes multi-asset continuation fund at $750M [more]
Opalesque Industry Update - Hildred Capital, a healthcare-focused private equity firm that specializes in partnering with middle-market companies, today announced the closing of a multi-asset continuation fund led by Lexington Partners, one of the world's largest managers of secondary private equity
28 Mar. 2024 DLA Piper adds to private equity team [more]
Opalesque Industry Update - DLA Piper has hired Andrew Walker as an Austin-based partner in the firm's Private Equity Practice. Walker's practice focuses on representing private equity sponsors and their portfolio companies in complex business transactions, including mergers and acquisitions, di
28 Mar. 2024 EisnerAmper acquires Tidwell Group [more]
Opalesque Industry Update - Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024. F
28 Mar. 2024 Hedge fund launches fall in Q4 [more]
Opalesque Industry Update - New hedge fund launches fell while liquidations were steady in 4Q to conclude 2023 as managers positioned for falling inflation and an improving economic outlook, albeit with geopolitical risk rising to historic levels. The estimated number of new hedge fund launches in 4
28 Mar. 2024 The US hedge fund market size to grow by $662.7bn in four years [more]
Laxman Pai, Opalesque Asia: The US hedge fund market size is estimated to grow by USD 662.74 bn from 2024-2028, said a study. According to Technavio, the market is estimated to grow at a CAGR of 7.9% during the forecast period. The US hedge fund market caters to investors seeking diversif
28 Mar. 2024 Investment firms overlooking cybersecurity risks, survey finds [more]
Bailey McCann, Opalesque New York: Investment firms could be underestimating the cybersecurity risks of artificial intelligence as well as new cybersecurity regulations, according to a new survey. The 2024 Cybersecurity Benchmarking Survey, a joint project of ACA Group and the National Socie
28 Mar. 2024 Percheron Capital closes latest fund at $1.55 billion hard cap [more]
Bailey McCann, Opalesque New York: Percheron Capital has closed its second fund at the $1.55 billion hard cap. The fund was oversubscribed and significantly larger than the firm's debut fund which closed at $770 million in September 2021. Percheron announced an interim close for this fund
27 Mar. 2024 Infrastructure investment is moving to the mainstream, says new report [more]
Opalesque Industry Update - Global interest in infrastructure is ramping up, with the asset class emerging as a new portfolio cornerstone, says pension-fund-owned, global fund manager IFM Investors, in its Infrastructure Outlook 2024 released today. With almost 30-years' experience in infra
27 Mar. 2024 FS Investments expands leadership team [more]
Opalesque Industry Update - FS Investments, a $76 billion global alternative asset manager, today announced two new additions to its senior leadership team. Lisa Opoku has joined the firm as Chief Operating Officer, reporting into Chairman and CEO Michael Forman, and Stephen Tisdalle will join the f
27 Mar. 2024 Recast Capital announces latest emerging manager cohort [more]
Opalesque Industry Update - Recast Capital, a platform dedicated to investing in and supporting emerging managers in venture, today announced the eighth cohort of its Enablement Program. Since launching in 2020 and with this latest cohort, Recast has welcomed 109 funds to the program, 79% of whi
27 Mar. 2024 Ducera Growth Ventures partners with Corteva [more]
Opalesque Industry Update - Ducera Partners LLC, a leading investment bank, today announced that its venture capital investment platform, Ducera Growth Ventures has established a strategic collaboration with Corteva Catalyst, a new platform launched by Corteva which is designed to identify innovativ
27 Mar. 2024 Venture Capital Cross launches private markets portal [more]
Opalesque Industry Update - Venture Capital Cross has launched its cloud based private markets portal, where investors can access venture capital and private equity deals at any stage. The portal will feature Reg D, Reg CF, Reg A+, and secondary transactions. Venture Capital Cross is a division
27 Mar. 2024 Global ETF industry AUM hits $11.8tn [more]
Laxman Pai, Opalesque Asia: Assets under management in the global ETF industry increased from $11,380.3 bn at the end of January 2024 to $11,833.4 bn at the end of February 2024, revealed a study. According to fund performance data provider LSEG Lipper's Global ETF Industry Review, the major
26 Mar. 2024 Private and public capital climate funds boom in the last four years [more]
Laxman Pai, Opalesque Asia: Research shows a burgeoning "green rush" within the investment world, noting an unprecedented surge in climate funds across both private and public sectors. The climate funds have boomed in the last four years in both private and public capital, said the study by M
25 Mar. 2024 Study reveals growing complexity is leading to more outsourcing in the fund management [more]
Opalesque Industry Update - Over the next two years, 99% of fund managers believe it will become much harder to navigate regulatory complexities, and this will fuel greater levels of outsourcing and a stronger focus on innovation. This is according to new research from Carne Group, a leader in fund
25 Mar. 2024 Asia-Pacific deal-making drops to lowest in a decade [more]
Laxman Pai, Opalesque Asia: Total deal value and fundraising in Asia-Pacific private equity (PE) markets dropped to the lowest in a decade at US$147 billion and US$100 billion, respectively according to a study. The report by Bain & Company revealed that consistent with the industry globally,
22 Mar. 2024 Pantheon chooses next CEO [more]
Opalesque Industry Update - Pantheon, a leading specialist global private markets investor, has announced that Kathryn Leaf will become Chief Executive Officer, reflecting the ongoing evolution of the firm's leadership structure and the increasing scale and breadth of its global business. She will s
22 Mar. 2024 Preqin: North America is consolidating in alternative assets [more]
Opalesque Industry Update - Preqin, the global leader in alternative assets data, tools, and insights, published its Alternatives in North America 2024 report. Preqin analysts predict that heavyweight managers and larger investors in the region will continue to assert their dominance on the global a
21 Mar. 2024 CAIA Association unveils the Total Portfolio Approach [more]
Opalesque Industry Update - The Chartered Alternative Investment Analyst (CAIA) Association, the global professional body for the alternative investment industry, unveiled at the ALTSLA Conference a new report that serves as a fervent appeal to both managers and allocators to rethink and recalibrate
21 Mar. 2024 Global hedge fund market to grow 10.7% CAGR to hit $13tn by 2032 [more]
Laxman Pai, Opalesque Asia: The global hedge fund market was valued at $4.8 trillion in 2022 and is estimated to reach $13 trillion by 2032, exhibiting a CAGR of 10.7% from 2023 to 2032, said a study. According to the Allied Market Research report, depending on the strategy, the long/short eq
20 Mar. 2024 Weintraub to lead family office group at Citi Private Bank [more]
Opalesque Industry Update - Richard Weintraub has been named the new Head of the Family Office Group for the Americas. Richard joins Citi from UBS's Global Family & Institutional Wealth team where he worked with some of the largest family office clients globally. Richard brings a deep understanding
20 Mar. 2024 Gramercy Funds Management taps Almudhaf to lead international capital markets [more]
Opalesque Industry Update - Gramercy Funds Management LLC, a $6 billion, global emerging markets investment manager, today announced that Hamad Almudhaf has joined the firm in a newly created role, Head of International Capital Markets. Mr. Almudhaf will be responsible for the design and implementat
20 Mar. 2024 Xponance Alts Solutions invests in The Copia Group [more]
Opalesque Industry Update - Xponance Alts Solutions (XAlts), a subsidiary of Xponance Inc, announced that it has entered into a strategic partnership with private investment firm The Copia Group ("Copia"). XAlts will make both a GP minority investment in Copia as well as an LP commitment i
20 Mar. 2024 Arcus racks up $1.74bn surpassing target for European infrastructure fund [more]
Laxman Pai, Opalesque Asia: Arcus Infrastructure Partners has received €1.61bn ($1.74bn) in capital commitments for its third fund Arcus European Infrastructure Fund 3 (AEIF3), exceeding its original target by more than 7%. The infrastructure investor said in a press release that AEIF3 ha
19 Mar. 2024 SWFs up the ante on climate game [more]
Laxman Pai, Opalesque Asia: Sovereign wealth funds are doing more to address climate change in their portfolios, as more among them are employing tools like carbon footprinting and climate scenario analysis to monitor their climate impact. According to a survey by the International Forum of S
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