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These funds will support the SUSI Asia Energy Transition Fund (SAETF) and the Sustainable Asia Renewable Assets (SARA) platform. The Dam Nai wind farm in Vietnam, acquired by SUSI in October 2024, will serve as the platforms cornerstone asset. Its portfolio includes projects in Vietnam, the Philippines, Thailand, and Cambodia.
As a result, private credit dealflow in the region remains limited. Other private credit firms, such as Monroe Capital, have also established offices in Abu Dhabi, with Monroe hiring a head of Middle East distribution. Blue Owl and Hayfin Capital Management are also expanding their presence in the region.
Progressio SGR, the Italian privateequityfirm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary dealflow over the past five years. As with previous funds, the money will predominantly be spent on proprietary deals and primary buyouts.
Today we are featuring the 25 Most Active PrivateEquityFirms on the Axial platform. ” Industries: Technology, Manufacturing, Business Services, Distribution, Healthcare Visit Baymark’s Profile “Pfingsten is an operationally-driven privateequityfirm focused on long-term value creation.
The structural underinvestment in critical minerals over the past decade has resulted in severely discounted valuations for excellent assets and created a massive need for capital investment, as countries transition to more sustainable energy sources,” said Brandon.
Investors in the Fund, which were a mix of numerous new investors as well as existing New Mountain Net Lease investors, include pension funds, insurance companies, asset managers, endowments, family offices and high net worth individuals. Since inception, New Mountain’s net lease strategy has completed $1.9 billion rupees.
According to the report, tech M&A activity with strategics and privateequity will continue to improve as strategic buyers who are seeing a rebound in their stock prices pursue transactions with the expectation of further market recovery, while also continuing to divest underperforming and non-core assets.
Partners Group, a Swiss-based global privateequityfirm with $147bn in assets under management, is targeting $12bn for another privateequity secondary strategy fund that will focus on deals in the Asia Pacific region, according to a report by Reuters.
LCP X’s strategy is principally focused on the acquisition of privateequity and alternative asset partnership portfolios from large-scale investors as they rebalance their allocations or seek liquidity, while also engaging in smaller opportunities leveraging Lexington’s deep industry relationships.
Etroy also remarked that investors have become pickier, a situation that is leading to privateequityfirms undertaking more exits via continuation funds (which allow them to transfer assets to a new vehicle) or with a co-control or structured equity type of deal. And so the middle gets squeezed.”
Importantly and atypically, over half of our Q1 debt brokerage dealflow was on non-multifamily assets in retail, hospitality, industrial, and office. If the asset is still leasing up and doesn't have 90% occupancy, it can't qualify for a GSE loan. The decrease in non-cash MSR revenues drove a $7.2
In the middle market, where every deal counts, you need to be both methodical and a bit opportunistic. Building a Healthy DealFlowDealflow is a term youll hear in almost every PE conversation. In simple terms, it refers to the stream of potential investment opportunities that a firm is exposed to.
Two additional key performance indicators that management will be discussing on this call are net asset value or NAV and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is reported on a per share basis. We've also continued to produce attractive returns on our asset management business.
Net asset value per share increased to $15.40, up $0.14 billion, and total net assets of $6 billion. Even in a lower valuation environment, the sponsors retain significant equity investments in their companies. There's a lot of pent-up appetite from the privateequityfirms to exit portfolio companies.
We've achieved 15% net returns annually in corporate privateequity and infrastructure since inception, 14% in opportunistic real estate and secondaries, 12% in tactical opportunities, and 10% in credit. The firm itself could not be in a stronger position with minimal net debt and no insurance liabilities, allowing us to distribute $4.7
billion) in credit assets by 2029, compared with about $62 billion today. Global mergers and acquisitions rebounded in the first quarter of 2024 compared with a year earlier, driven by mega-deals in the finance, software and energy sectors. s BGreen III private credit fund for renewable power and energy infrastructure.
The world’s largest asset manager also promoted Rachel Lord as head of all international business across Europe, the Middle East, India and Asia-Pacific, BlackRock Chief Executive Officer Larry Fink and President Rob Kapito said Friday in a memo to employees. billion in a major push into alternative assets. in early New York trading.
According to Preqin data, global Private Debt AUM has grown from just $310 billion in 2010 to an estimated $1.5 The 2020 Covid recession was deep and certainly a stress test the asset class unquestionably passed, but it was also short-lived. So, what does it take to be successful these days as an investor in private debt?
Now, at least half of our dealflow comes from other independent sponsors and seven of our current 10 portfolio companies were originally sourced by another independent sponsor(s). Any notable differentiators for the firm? The firm has roughly $4 billion in assets under management, with a growing team of over 65 professionals.
July SPOTLIGHT David Acharya Managing Partner FIRM OVERVIEW Acharya Capital Partners is a NYC-based privateequityfirm that buys, builds, and enhances lower middle-market companies across tech/media/telecom, light manufacturing, and marketing services. A nice gesture can go a long way in our business!
And so we’ve grown from a very small company with 29 partners back in 1979 to, as you noted, over a trillion dollars of assets and it become very diversified. We were originally very equity heavy back in the day, and we made a lot of investments on the fixed income side. Michael Carmen: 00:05:54 [Speaker Changed] Correct.
I wanna say it’s about $179 billion in client assets. You’ve probably heard some aspects of this from the various interviews I’ve done with Howard Marks talking about the distressed asset fund they set up in 2007. That had mismatched assets. It’s not an asset that other creditors can go after.
The size and scale of gaming assets is one element contributing to this focus, and we also like gaming because of how experiences at these assets continue to evolve, specifically in Las Vegas. Given the increased densification and foot traffic in the area, our partners at MGM may seek to reinvest in those assets over the coming years.
The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. And they were doing mid-sized deals. This is really a fascinating story.
This vibrant dealflow provides privateequityfirms with more opportunities to deploy capital and realise gains. A standout transaction was BlackRocks $12.6bn acquisition of Global Infrastructure Partners, as the worlds largest money manager broadens its reach into private and alternative assets.
We held our team together throughout the downturn to be able to capture dealflow when markets returned and our investment sales team's efforts in the back half of 2024 were fantastic and set us up very well for 2025 and beyond. For the full year, our property sales team sold $9.8 billion of properties in the first half of the year.
Privateequitydeal activity in Asia-Pacific is showing signs of recovery, with transaction volumes rising 11% year-on-year to $176bn in 2024, according to a report by Bloomberg citing global consultancy Bain & Co. Dealflow is expected to gain further momentum, as financial sponsors adapt to shifting market conditions.
Speaking at the World Economic Forum in Davos, Benedetti noted that many firms had delayed asset sales due to election uncertainty but are now bringing investments to market. While 2021s record-breaking exit activity may not return, Benedetti expects dealflow to rebound to levels seen in 2018 and 2019.
We were the first alternative manager to surpass $1 trillion of assets under management. public company by market cap, exceeding the market value of all other asset managers. Stepping back, over the last two years, the campaign by central banks to control inflation has resulted in muted returns for most traditional asset classes.
Due to increased dealflow and revenues, we grew diluted earnings per share 33% year over year to $0.85 Our HUD lending volumes grew over 200% to $272 million in Q3, while W&D Affordable Equity revenues were down 37% due to a decline in tax credit syndications and asset dispositions during the quarter. We closed $11.6
This should be very positive for Blackstone's asset values and provide the foundation for a significant realization cycle over time. As the largest alternatives firm in the world with nearly $1.1 As the largest alternatives firm in the world with nearly $1.1 How did we do it? and a fast-growing insurance broker in India.
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