Value, hiding in plain-sight (hint: not LBOs); 1 EV for sale; CEE kingpin???; Africa's ?? impact! Ross's bias! 3 new sponsors! All hail secondaries!
And much more....
It's been a record Q2 for the Fund Shack private equity podcast, with subscriber numbers up more than 3x YOY, and private-market investment-leaders literally queueing round the studio-block for a chance to tell it like it is ???
And just wait till you see what's in store for Q3.
But first...
'In sterquiliniis invenitur': the other venture 'capital'
The best opportunities, where you don't think to look. Fatou Diagne 's Bootstrap Europe made a name for itself by rescuing Silicon Valley Bank's German portfolio last summer. But even more fascinating is the story behind her reasons for founding the business. Want better-than-top-tier VC exposure without the risk? Venture debt is hiding in plain sight.
And a special mention to RW Blears LLP the leading UK law firm to growth investors, for supporting this episode.
Great minds...
Ross Butler asked Englishman-in-New York, Patrick Turner , (of the formerly iconic US media-investor Veronis Suhler Stevenson, now a generalist called VSS Capital Partners) where he would personally invest in the private markets universe. Watch his inescapable logic and great advice for anyone with some spare cash. Anyone?
The first renewables investor
When Ross first met Bernard Fairman, back in 2002, he was already investing in wind farms. He might even have coined the term 'renewable investment'. So the fact he considers 'electric vehicles a transition technology' and that a hasty net-zero is socially unjust, carries weight. He also thinks hydrogen might explode, so's to speak.
Knorr. He has the K-now-how
In the space between recording and releasing this episode with MidEuropa 's Robert Knorr, he was selected as the year's Private Equity Investment Leader by Real Deals for his role in the development of the Central European market. It's another attractive corner of the alternatives world, hiding in plain-sight. The CEE is big and full of hard-working, well-educated people. If it's good enough for Google...
Speaking of hiding in plain-sight...
EMEA is an acronym bursting with West-centricity. 'And Africa'! Stephane Bacquaert learnt his private equity skills in Western Europe, but he applies them to the colossal Continent designated 'A'. Here's a clip that will make you think again about Africa, impact and ESG. Watch for Ross's tortured question about 'corruption', revealing a sorry first-world bias. ??????
Secondaries - top performer
Secondaries. They're all the rage, even on YouTube, where Etienne Deshormes' eloquent analysis of the market has more than a thousand views, plus many more on podcast platforms. See what you're missing? I mean, see what you're missing:
领英推荐
Next up... Sunaina Sinha, Raymond James
Stay tuned for Sunaina Sinha , global head of private capital advisory at Raymond James. Sunaina is at the forefront of private capital raising and she knows how to get that commitment signed. This episode is brought to you in partnership with our friends at Datasite, the premier virtual dataroom provider. You won't want to miss it!
Back by popular demand
Next week, back by popular demand, Jim Strang , chairman of HgCapital Trust and prolific private equity NXD talks to Ross about the State of Private Equity. Subscribe now so you don't miss it. And a big thanks to Quest Fund Placement Limited for supporting this episode. We'll cover the whole big muddle of private equity fundraising, deal-making, how to make it career-wise in private equity... and Jim raises some fascinating ideas around private wealth and pensions access, which brings us to our final guest before the summer hits....
Making PE work for DC
Partners Group is ahead, about 20 years ahead, of the curve when it comes to making private equity accessible to DC pensioners. How does it all work? It's very technical so rather than muddle through, we went straight to the source.... Join us and Joanna Asfour for the masterclass... coming soon!
Message to sponsors
If you are interested in supporting an episode of the Fund Shack video-podcast, inmail Katie Mitchell .
?? Quick favour
Make sure you subscribe on the plaforms below, and (here's the favour) forward this to any colleagues you think might like it....
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Much obliged,
The Fund Shack team