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HELPCENTER
23 Feb. 2024 Nearly a third of Americans have never heard of alternative investing [more]
Opalesque Industry Update - Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, today announced the findings of their new alternative investments survey - 'What do Americans Think of Alternative Investments in 2024?'. The
23 Feb. 2024 American GPs and asset managers expect higher fee income this year [more]
B. G., Opalesque Geneva: According to a new survey of General Partners (GPs) and asset managers, economic uncertainty and recessionary fears may be having less of an impact on overall business and alternative investment strategy than last year. The survey results were published in the "
22 Feb. 2024 Coller Capital launches new secondaries product [more]
Opalesque Industry Update - Coller Capital, the world's largest independent investor dedicated exclusively to private market secondaries, today announced the upcoming launch of the Coller Secondaries Private Equity Opportunities Fund, a tender offer fund specifically designed for accredited high
22 Feb. 2024 ARC Fund launches new effort to support underrepresented founders [more]
Opalesque Industry Update - The ARC Fund launched three Community Rounds today to support underrepresented impact entrepreneurs raise growth capital between $250,000 and $5,000,000 over a three-month "equity crowdfunding" campaign using the Wefunder platform in response to the scarcity of
22 Feb. 2024 Morrison Foerster adds private equity partner [more]
Opalesque Industry Update - Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Michael Vernace as a partner in the firm's Finance and Private Equity Groups in the Transactions Department, based in the San Francisco office. Vernace brings to the firm 15 years of exper
22 Feb. 2024 CVC racks up $6.8bn for sixth Asia fund [more]
Laxman Pai, Opalesque Asia: European private markets manager CVC raised $6.8 billion for its sixth Asia fund, its largest to date, showcasing strong investor demand in a challenging fundraising environment. The Asia VI fund, exceeding its $6 billion target, is 50% larger than its fifth Asia fu
21 Feb. 2024 Assets invested in the Global ETFs industry reached a new milestone of $11.73tn at the end of January [more]
Opalesque Industry Update - ETFGI reported that assets invested in the Global ETFs industry reached a new milestone of US$11.73 trillion at the end of January. The global ETFs industry gathered US$136.80 billion in net inflows in January. During the month, assets invested in the global ETFs ind
21 Feb. 2024 The Bahamas removed from the European Union's list of non-cooperative jurisdictions for tax purposes [more]
Opalesque Industry Update - The Ministry of Finance announced The Bahamas' removal from Annex 1 of the European Union's ("EU") list of non-cooperative jurisdictions for tax purposes. The Bahamas' official removal from the list follows the publishing of the adopted conclusions of the Economic and
21 Feb. 2024 Reed Smith adds private equity partner [more]
Opalesque Industry Update - Global law firm Reed Smith today announced the appointment of private equity partner Tom Whelan in its London office. Whelan joined the firm's Global Corporate Group on 19 February from McDermott Will & Emery (MWE), where he was a partner and head of the private equity an
21 Feb. 2024 First Reserve taps Tomlin to co-lead capital formation [more]
Opalesque Industry Update - First Reserve, a leading global private equity investment firm exclusively focused on investing across diversified energy, utility, and general industrial end-markets, today announced that Todd Tomlin has joined the firm as Managing Director. He will serve as Co-Head of C
21 Feb. 2024 Global M&A value fell 16% to $3.1tn in 2023 [more]
Laxman Pai, Opalesque Asia: For all of 2023, global M&A activity dropped 16 percent from a year earlier, to $3.1 trillion - a showing even weaker than the pandemic year of 2020, according to a McKinsey report. This contrasts with other market benchmarks, such as the S&P 500, which climbed 24 p
20 Feb. 2024 Institutions increase ownership of alternative asset investment companies [more]
Laxman Pai, Opalesque Asia: Institutional investors marginally increased their share of investment companies' shareholder base, from 49% at the end of December 2022 to 50% a year later, said a study. Wealth managers' share declined by 1 percentage point, from 26% to 25%, according to the Asso
19 Feb. 2024 Theta Capital publishes report on blockchain technology for allocators, The Satellite View [more]
Opalesque Industry Update - Theta Capital, the global investor in blockchain VC funds, has published the first such report of its kind on the future of investment in blockchain technology, "The Satellite View". The report features insights and outlooks from crypto's leading experts including many of
17 Feb. 2024 Healthcare investors have developed a taste for alternative assets [more]
Opalesque Industry Update - In recent years, investment officers at leading US healthcare systems and hospitals have steadily developed a preference for alternative assets. According to
17 Feb. 2024 Swiss Limited Qualified Investor Fund (L-QIF) available from 1st March [more]
Opalesque Industry Update - From 1 March 2024, a new Swiss fund category, the Limited Qualified Investor Fund (L-QIF), will be available to qualified investors. On this date, the associated amendment to the Collective Investment Schemes Ordinance (CISO) will enter into force together with the ame
16 Feb. 2024 Generali Investments arm Infranity secures $2.15bn for infrastructure impact debt funds [more]
Laxman Pai, Opalesque Asia: Generali Investments' sustainable infrastructure arm Infranity has raised €2bn ($2.15bn) across two flagship infra impact debt funds - double the initial €1bn target. The specialized and sustainable infrastructure manager said in a media release that f
15 Feb. 2024 Swiss Limited Qualified Investor Fund (L-QIF) available from 1st March [more]
Opalesque Industry Update - From 1 March 2024, a new Swiss fund category, the Limited Qualified Investor Fund (L-QIF), will be available to qualified investors. On this date, the associated amendment to the Collective Investment Schemes Ordinance (CISO) will enter into force together with the ame
15 Feb. 2024 APAC VC deals declined 33.2% in 2023 [more]
Laxman Pai, Opalesque Asia: A study revealed that a total of 3,897 venture capital (VC) deals with disclosed funding value were announced during 2023 in the Asia-Pacific (APAC) region. According to GlobalData, it is a 33.2% decline compared to the announcement of 5,833 VC deals during the prev
15 Feb. 2024 Swiss-UK financial services agreement brings many benefits to wealth and asset management industry [more]
B. G., Opalesque Geneva: Just before Christmas, Switzerland and the UK signed the Berne Financial Services Agreement on the mutual recognition of each other's regulatory and supervisory frameworks, aka the MRA. This agreement wants to facilitate the cross-border provision of financial se
14 Feb. 2024 40% of global institutional investors plan to increase allocations to private debt [more]
Laxman Pai, Opalesque Asia: Over the next three years, 40% of institutional investors around the world plan to increase allocations to private debt, said a study. According to the report by Coalition Greenwich, traditional long-only managers building up private markets capabilities should fin
14 Feb. 2024 Family offices to up allocations to alts in 2024 [more]
Laxman Pai, Opalesque Asia: Family offices plan to significantly grow their allocations to alternative investments this year, according to a report by KKR. Family offices are investing to grow wealth with future generations in mind - 93 percent said this was a focus for their portfolios, accor
13 Feb. 2024 BlackRock co-CIO joins Silver Creek [more]
Opalesque Industry Update - David Matter has joined Silver Creek Capital Management, an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, as Co-Chief Investment Officer. Mr. Matter was most recently a Managing
13 Feb. 2024 Hedge fund portfolios deliver an average return of 6.67% in 2023 [more]
Laxman Pai, Opalesque Asia: BNP Paribas' annual 2024 Alternative Investment Survey reported that in 2023 their hedge fund portfolios delivered an average return of 6.67%, 1.5% shy of their target return. For most of the past decade, hedge funds faced headwinds to generate alpha as a resul
12 Feb. 2024 AGF makes strategic investment in New Holland Capital [more]
Opalesque Industry Update - AGF Management Limited announced that it has made a strategic investment in New Holland Capital, a New-York based multi-strategy investment manager with more than US$5 billion in assets under management and more than 17 years of experience providing institutional investor
12 Feb. 2024 Global M&A deal volume nosedives to 17% in 2023 [more]
Laxman Pai, Opalesque Asia: Totaling $2.2 trillion, the global merger & acquisition (M&A) deal value plummeted to its lowest point in five years, said a study. According to GlobalData, these deals marked a 12% decrease from the prior year, attributed to inflation spikes and increasing interes
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