LFM Capital的动态

Coller Capital, an independent investor dedicated exclusively to private market secondaries, announced the upcoming launch of the Coller Secondaries Private Equity Opportunities Fund, a closed-end tender offer fund specifically designed for accredited high-net-worth investors. According to the company, this private equity secondaries-only offering unlocks a new avenue for individuals to invest in private markets, providing access to the asset class through a diversified, institutional-quality portfolio. ? Coller Capital Jake Elmhirst Jeremy Coller #alternativeinvestments #CollerCapital #privateequity #tenderofferfund #liquidity #highnetworthmarket

Can you have your cake and eat it too? ?? Blue Owl Capital's recent decision to sell a slice of its GP Stakes III fund to a continuation vehicle it controls highlights a growing trend in the private equity space. Here are a few key takeaways and the potential industry impact: 1. Accelerated Cashflows: By selling 5% of its assets to the newly launched Blue Owl GP Stakes Atlas Fund I, Blue Owl can return capital to investors more quickly, maintaining strong relationships and potentially attracting more capital for future funds. 2. Retaining Control: The deal allows Blue Owl to generate liquidity without sacrificing control over the majority of its investments, showcasing a balance between immediate returns and long-term growth. 3. Continuation Vehicles on the Rise: This transaction underscores the increasing use of continuation vehicles in private equity. These vehicles offer an innovative way to provide liquidity to investors while retaining valuable assets, which could become a standard strategy for funds looking to extend the lifecycle of their investments. Deals like this highlight the evolving strategies within private equity to address the growing demand for liquidity while maintaining a strong asset base. As continuation vehicles become more common, we can expect to see more firms adopting similar approaches, further enhancing flexibility in fund management and investor relations. This transaction is more than just a financial maneuver—it's a signal of how the industry is adapting to meet the needs of both investors and fund managers.

?? Agellus Capital Closes Inaugural Fund at $400 Million - Agellus Capital, a private equity firm targeting lower middle-market companies, announced the final close of its debut fund, Agellus Capital Private Equity Fund I. - The Fund achieved $400 million in total limited partner capital commitments, surpassing its $350 million target. - The Fund was oversubscribed and secured commitments in less than five months. - Investors included endowments, foundations, global financial institutions, insurance companies, family offices, sovereign wealth funds, and various professionals. - Jeff Aiello, Co-Founder and Managing Partner, expressed gratitude for the strong reception from institutional investors. - Agellus targets business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets. - Initial platform investments range from $2 million to $20 million of EBITDA. - The firm aims to drive growth through acquisitions and investments in talent, technology, and systems. - Beau Thomas, Co-Founder and Managing Partner, emphasized the firm's commitment to partnering with companies, investors, and people. - Aviditi Advisors served as the exclusive placement agent, and Weil, Gotshal & Manges LLP served as counsel.

The kind of big, complex deals we love to cover: AlpInvest Partners formed a $2.3bn joint venture with NORTHWESTERN MUTUAL CAPITAL LLC to buy into a portfolio of #privateequity fund stakes, which will allow the insurance group to reallocate proceeds to other objectives, including co-investments. The joint venture arrangement will also enable to NMC to generate liquidity from its portfolio while retaining exposure to GPs it likes. Campbell Lutyens was adviser on the deal. This is an example of the type of large, complex deal that can be built off of a secondaries transaction. Read more here on Buyouts: https://lnkd.in/gbm-FAgN

Excellent article by Chris Witkowsky on the evolution of private markets and how Campbell Lutyens has been at the forefront of innovation when it comes to structuring complex Secondary transactions. Such transactions become more relevant at a time of low PE exit activity. AlpInvest Partners, a core division of The Carlyle Group provides NORTHWESTERN MUTUAL CAPITAL LLC the liquidity it seeks, part of which will go to develop their Co-Investment program. read more below: ?#privatemarkets ?#secondaries #privateequity

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We are excited to announce the opportunity to partner with Inch & Co. is finally here. Welcome to Cascade Capital, the investment arm of the Inch & Co. Development Group 5,500 units and $200.0M in Assets Under Management) Cascade Capital is a community of private investors pursuing the alternative investment of ground-up multifamily development in Central Pennsylvania. If you're interested in learning more about Cascade Capital, visit our website at cascadecapitalco.com or email me at [email protected] * * * * * * * #investor #investors #privateequity #publiccompany #ipo #crowdraise #fundraise #venturecapital #vc #familyoffice #ria #money #investments #capitalraise #realestate #multifamily #realestateinvestments #groundup #investing #investment #invest #pennsylvania #construction #privateplacement #regd #accreditedinvestor #registeredinvestmentadvisor #public

Cooley’s Q4 2023 Venture Financing Report is out now. Invested capital across all stages of financing continued to decrease this quarter, with the largest decline seen for late-stage rounds. The percentage of up rounds also remained low, representing less than 70% of deals. ?? View the full report on #CooleyGO here: https://bit.ly/49kud3P #VFR #venturefinancingreport #ECVC #venturecapital

?? Victor Capital Partners Closes Oversubscribed Fund II at $310 Million - Victor Capital Partners is a middle-market private equity firm focused on branded businesses in the specialty consumer, industrial technology, and business services sectors. - Successfully closed its oversubscribed Victor Capital Partners Fund II, L.P. (Fund II) with $310 million in capital commitments. - Fund II exceeded fundraising targets with support from both existing and new institutional limited partners. - Key partners: Douglas Korn, David Affinito and Matt McLain. - Focus of Fund II: Invest in fundamentally strong lower middle market businesses with defensive characteristics, capable of unlocking significant value regardless of market conditions. - The firm aims to deploy $25 million to $100 million of equity capital per transaction. - Doug Korn, Founder and Managing Partner, stated “There are so many great branded businesses across the lower middle market at inflection points in their lifecycles that we believe would benefit from the right strategic partner to help accelerate their growth trajectories.” - The first investment from Fund II: The COATS Company (acquired in January 2024), a 76-year-old manufacturer and distributor of wheel service and shop productivity equipment. - Lincoln International Private Funds Advisory acted as placement agent, and Kirkland & Ellis served as fund counsel.

Here's our Q4 venture financing report. Deal count (particularly later stage deals) and $$ are trending down, and down rounds are 30%+ of all transactions. I'm expecting to continue to see some "easy down rounds" for healthy companies who raised a bunch of $$ at inflated valuations two years ago, and continued struggles for nearly everyone else. But (more anecdotally) we continue to see a steady stream of high quality teams founding new companies and getting funded.