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Unlock the power of leverage in private equity. Discover the advantages of a relationship bank providing leverage on both fund and portfolio level, optimizing your investments for maximum returns. However, the structure of leveraged finance in CEE differs from Western Europe, being less aggressive, particularly in the mid-cap market.
Are investors allowed to come into deals that the fund does side by side with the fund? This creates a source of dealflow for investors who aren’t out there full time creating opportunities. In fact, those deals are actually set up as mini-funds. Access to the partner.
According to data from Pitchbook and Affinity’s annual predictions survey, more than a third of nearly 300 respondents identified due diligence criteria as a major factor impacting dealflow. With a 76% increase in the number of funds in operation from 2015 to 2023, the pressure to identify and close deals has never been higher.
Such relationships can help strengthen Palantir's dealflow pipeline and provide many cross-selling opportunities, ultimately serving as lucrative catalysts for the company and the stock. AI in the defense sector: One area of the AI realm that I think is misunderstood is how the technology can be leveraged in military operations.
Moreover, such companies as Salesforce.com are relentlessly pursuing AI and leveraging a host of prior acquisitions to do so. For these reasons, many investors viewed the company as a government contractor and were skeptical of its prospects beyond lumpy public sector dealflow. military and its Western allies.
LCP X’s strategy is principally focused on the acquisition of private equity 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.
They''re the only ones whose job it is to meet with the founders, lawyers, technologists, corp dev folks, media, professors, and talent all at the some time, not just to look for dealflow but to improve the quality of the ecosystem these companies are going into. How can we leverage them to help create the next generation of VCs?
Leveraged loan issuance meanwhile climbed 75% to $41bn in over the period, while high yield bond buyouts stalled in Q2, totalling $4.3bn, less than half of H1 2023’s volume. Issuance of leveraged loans recovered in Q2 2024, rising 62% from Q1 2024 to €8.13bn and totaling €13.1bn for teh first six months of the year.
In a statement, Blair Faulstich, Head of US Private Debt at BSP, said: “The private credit asset class has been established as an integral part of the leveraged finance ecosystem and as an all-weather allocation for institutional investors’ portfolios.
IAIM leverages the origination and proprietary dealflow capabilities of Investec’s franchises to deliver private market investment solutions for investors. According to a press statement, the partnership will seek to accelerate Investec’s sustainability progress, with a particular focus on enhancing data capture and evaluation.
Industrials has always been a leading industry for dealflow on the Axial platform, and Q1 of 2024 was no exception. Last quarter, the number of deals marketed in the industrials space on Axial was the highest it’s been since mid-year 2022, and it held fast (by more than 30%!)
Raising our largest-ever pool of capital reflects increasing interest from a growing range of investors in our strategy and focus on mid-market secondaries, where we can leverage Pantheon’s extensive relationships, data and insights.”
IAIM aims to leverage the origination and proprietary dealflow capabilities of Investec’s direct lending team to deliver private market investment solutions for investors. Forry has been with Investec for almost seven years.
Articulation of a focus area accomplishes a few critical things for an investor: Inbound content marketing for dealflow—because you want your brand to get you on a founder’s list of smart people to talk to, especially if you don’t think the brand of your firm and your position within that firm will guarantee you all the best deals.
The combination of BMO’s broad investment banking platform and OHA’s private credit expertise has delivered enhanced dealflow and financing flexibility while adding value for borrowers and private equity sponsors.
One item of note is that while technology was ranked only the fourth highest industry as it relates to total dealflow in Axial in 2023, deals in the tech sector had the leading pursuit rate at 8.92%.
Generally, with no leverage and difficulties in refinancing, Real Asset deals of real significance have been hard to push through which has given investors an opportunity for a period of self-reflection. PEW: What are the primary challenges your firm and your clients are facing and what is critical to these being overcome?
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. Referrals: Good old-fashioned word-of-mouth remains one of the best sources for dealflow.
The opportunistic credit team will build on the work of the special opportunities strategy and leverage the experience and direct origination network across the firm’s leading global credit platform. The opportunistic credit team will be led by Aaron Rosen and Craig Snyder, who serve as Co-Portfolio Managers of special opportunities.
Following my comments, David and Jesse will provide additional comments regarding our investment strategy, investment portfolio, financial results, capital structure and leverage, and our expectations for the first quarter of 2024, after which we'll be happy to take your questions. Net asset value, or NAV, increased by $0.87 at year-end.
Following my comments, David and Jesse will provide additional comments regarding our investment strategy, investment portfolio, financial results, capital structure and leverage, and our expectations for the third quarter, after which we'll be happy to take your questions. We are very pleased with our performance in the second quarter.
While the net lease transaction market continues to sort itself out, our team is doing a tremendous job leveraging our relationships and uncovering unique opportunities. Our conversion rate of deals approved by our investment committee to letters of intent signed is the highest in over two years at approximately 38%. This is Peter.
Our platform strategy has delivered scale and operating leverage through time, with 240 basis points of margin expansion in the last 10 years. Markets have improved since the end of 2022, and we aim to be disciplined in driving profitable growth by prioritizing investments to propel our differentiated organic growth and operating leverage.
Their network, dealflow and ability to evaluate companies is limited by the number of hours they have after all their other professional obligations are met. If you look at the landscape of early-stage investors, there are really only two types: On one side, you have the hobbyist angel investor. No committees. No constraints.
This approach is yielding profitable growth and operating leverage. As clients increasingly turn to BlackRock, we believe this will result in sustained market-leading organic growth, differentiated operating leverage and earnings and multiple expansion over time. With that, I'll turn it over to Larry. How is that evolving?
Importantly and atypically, over half of our Q1 debt brokerage dealflow was on non-multifamily assets in retail, hospitality, industrial, and office. While some deals will need to be adjusted or even reworked, many deals remain on track. But you can't do that at current leverage levels. That's helpful.
Vladimir Andonov , Martis Capital – What are the biggest hurdles in closing healthcare deals in today’s market? DealFlow & Valuations Do you anticipate that dealflow in the healthcare industry will stay the same, increase, or decrease over the next 12 months?
It is what drives our dealflow, information advantage, ability to support our network, and more. I care about the success of my business (e.g. our fund), in a way that only a founder can care about her or his business. Founders feel that I live and breathe, win and lose, celebrate and in certain cases fail, right alongside them.
Through this partnership, RingCX customers will be able to leverage Verint's leading WEM and CX automation solutions, which complement RingCentral's native AI capabilities. We are also leveraging our large GSP network to grow internationally. Leveraging our unique GSP network is also a opportunity and differentiator of RingCX growth.
Turning to the broad trends we saw this quarter, as I met with customers around the globe, I saw a strong desire to leverage AI to improve business processes and elevate customer experiences. To add more context around overall dealflow, EMEA grew the fastest during the quarter, followed by the Americas and APJ.
Maintaining the portfolio’s size, and growing it further, requires stepping up from the small-cap investments made at the beginning and developing large-cap partnerships and dealflow out of New York. The typical four- to five-year tenor of a private debt deal means around 20 per cent of the portfolio is in perpetual motion.
At quarter end, leverage stood at just 3.6 This patient approach is paid off -- paid off as we've been able to capitalize on distressed sellers while leveraging our asymmetric data sets and relationships to identify unique opportunities. times pro forma net debt to recurring EBITDA. As of September 30th, we have north of $1.9
billion, and we ended the quarter with net leverage of 1.13 The fund is in -- you know, squarely in our target leverage level, and so we are sizing new investments essentially to replace repayments. We can offer maybe a bit more leverage for a high-quality company. And second one for me, just on leverage.
This method of deal sourcing allows PE firms to leverage their existing relationships and knowledge to fill their pipeline. Direct Outreach Private equity firms also use direct outreach when looking for deals. These relationships are integral for nearly all parts of the process, from identifying potential deals to closing them.
They also provide due diligence services to ensure that a deal is viable, and their portfolio management tools make it easy for firms to track performance across their investments. Deal volume: The PE deal origination platform should offer a sufficient volume of deals to allow firms to find suitable investment opportunities.
Features like private equity dealflow, valuation capabilities, and analysis tools are key for identifying and landing lucrative opportunities. As competition heats up, finding the right software for private equity firms is critical. According to RSM Global, there’s an estimated $1.24
As an example, in Q1, a leading sales enablement software company signed an expanded deal to use Elastic to incorporate GenAI across its platform. connector and custom index support for AI Assistant knowledge base, giving customers more flexibility in how they leverage the AI assistant. Ash Kulkarni -- Chief Executive Officer Yeah.
If I am doing my job right the first time in “picking winners”, at least for a few subsequent rounds, our best dealflow should come from our existing portfolio. It is what drives our dealflow, information advantage, ability to support our network, and more. since 2019.
This will bring about intense competition among firms for the best deals and may lead to a seller’s market. Fewer Large Leveraged Buyouts Tighter monetary policy and a more uncertain macroeconomic outlook make large lenders more hesitant to finance large leveraged buyouts.
Domo was founded to help organizations leverage their data more effectively. The number of joint deals in our pipeline being worked between us and CDW partners has increased from zero to over 60 deals over just the last two quarters. This represents a completely new source of dealflow.
By understanding and leveraging these dynamic properties, we can intervene positively within the natural context of the cell and the body.” The company’s board of directors offers a wealth of industry expertise to guide Superluminal. The firm is headquartered in New York and has offices in London and Washington, DC.
And then, if we think about the embedded FRE growth through 2025, how should we think about how that operating leverage could drive margin expansion next year? So I would say to size it up, if you look at the leveraged finance world, it's roughly a $5 trillion universe today. How much is driven by placement fees? Operator Thank you.
We believe that in time, every organization, big and small, will leverage the power of AI to transform their businesses. To add more context around dealflow during the quarter, we saw a healthy balance across our solutions and continue to maintain a similar solution mix in annual contract values versus the prior quarter.
I maintain deep conviction in our fund’s strategy, and believe the market turbulence will continue to work in our favor as we sit on a healthy cash position, ready to take advantage of opportunities.
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