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!
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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.

Fatou co-founded Bootstrap in 2015. She bought SVB's German portfolio in 2023.

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?

Patrick invests structured finance into mid-market US businesses

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.

Bernard is chairman of Foresight Group, a London listed asset manager

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...

Robert was crowned 'Private Equity Investment Leader 2024' by Real Deals

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. ??????

Stephane invests across Africa at Adenia Capital Partners. He is based in Morocco

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:

Etienne founded placement agency Elm Capital 19 years ago

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!

Sunaina has a regular private capital commentary slot on CNBC

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....

Jim advises Bain & Co, the Business Growth Fund, CVC Capital Partners, Hamilton Lane, HgCapital Trust, and more...


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!

Watch Ross's head explode as he tries to grasp how Partners Group cracked the DC market wide open. This July.


Message to sponsors

If you are interested in supporting an episode of the Fund Shack video-podcast, inmail Katie Mitchell .


?? Quick favour

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Much obliged,

The Fund Shack team

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