Paul Press’ Post

Why should global LPs and GPs pay attention to APAC markets amid the current macroeconomic backdrop? In our latest webinar series, we uncover the latest trends and opportunities with industry experts in private equity, venture capital, private debt, real estate, infrastructure, and hedge funds. Read webinar summaries: https://okt.to/OB0R9J #APAC #PrivateEquity #VentureCapital #PrivateCredit #RealEstate #Infrastructure #HedgeFunds

Why should global LPs and GPs pay attention to APAC markets amid the current macroeconomic backdrop? In our latest webinar series, we uncover the latest trends and opportunities with industry experts in private equity, venture capital, private debt, real estate, infrastructure, and hedge funds. Read webinar summaries: https://okt.to/KBrsZt #APAC #PrivateEquity #VentureCapital #PrivateCredit #RealEstate #Infrastructure #HedgeFunds

Things continue to shape up nicely for secondary market participants. In Preqin's latest quarterly update for Q3 2023, Cameron Joyce, CFA, CAIA, head of PE, says that while investors continue to seek liquidity from their current private equity holdings, demand is increasing to meet that supply as interest in private equity secondaries strategies rises. That’s positive news for sellers. Over the next year, 28% of investors plan to allocate capital to secondary funds, a five percentage point increase over the same quarter last year. Exits have found a firmer footing recently. Realized value increased to $90.9bn in Q3, an increase of 13.1% year-on-year. A three-year-low was put in over the first quarter. Still, the exit environment remains comparatively weak, and distributions to LPs are on the slow side. Preqin notes that investors are no longer paying attention to unrealized IRRs and are instead focusing on Distributed to Paid-In Capital (DPI) ratios before making re-up decisions. Put another way, they’re less concerned with what their funds could deliver on paper and are assessing what they have delivered to date in terms of hard cash. Returning capital has been the defining theme across the private equity industry in recent months. To that end, 127 secondaries funds were in the market looking to raise $135.2bn as of the end of September, or 10.6% of the total being targeted across private capital strategies. It is these funds that are providing necessary liquidity during what is a cooler harvesting period for private equity. Access the full report here: https://lnkd.in/gCTpzZr2 #privateequity #PE #secondaries

The medium-term climate for investors and managers feels healthier, according to Preqin. Global AUM for all alternative assets is expected to reach $24.5tn in 2028, up from a projected $16.3tn at the end of this year. That’s a steady 8.4% CAGR for 2022 to 2028, with North America leading the way. As readers would expect, the outlook varies by asset class. We forecast hedge fund AUM will increase by only 3.6%, real estate by 6.2%, natural resources by 6.4%, and infrastructure by 7.4%. But for private equity we forecast 10.0%, private debt 11.1%, and VC 14.2%. #privateequity , #LPs, #GPs, #placementagent

Do you plan on tapping into the secondaries market?   Preqin’s Investor Outlook: H1 2024 reveals the vast majority of investors see secondaries as the most promising private equity strategy.   Given the liquidity squeeze, it’s not surprising that secondary funds grew faster than any other asset class in 2023. They provide a wide range of tools GPs and LPs can use to manage the liquidity needs of their business as well as their stakeholders.   While secondaries remain relatively small to the rest of the industry, we see this market growing exponentially in the year ahead.   #InvestorOutlook #Data #Preqin #PrivateMarkets #SecondaryMarket #PrivateEquity

🚀 **Private Equity Insight** 🚀 75% of large private equity firms are ditching traditional bank loans for private credit! This shift is expected to continue, with 88% of investors planning to increase their private credit allocations. While North America leads this trend, Europe and APAC lag behind. Despite challenges like valuation volatility, deal activity is rebounding, signaling a recovery from the slowdown of early 2023. However, concerns loom over high dry powder levels and slow fundraising. Stay tuned for more insights! #PrivateEquity #FinanceTrends #InvestmentStrategies

💡Did you know 64% of investors who responded to our survey see secondaries as the most promising private equity strategy? For more insights into investors' outlook on the private market read the latest Investor Outlook H1 2024. The report details investors' views on the private markets across all asset classes from secondaries being preferenced over buyouts to the latest appeal of open-ended infrastructure funds. Discover these insights and more by following the link below now!🔍📊 https://okt.to/n4Kg8R #investoroutlook #H12024 #privatemarkets

💡Did you know 64% of investors who responded to our survey see secondaries as the most promising private equity strategy? For more insights into investors' outlook on the private market read the latest Investor Outlook H1 2024. The report details investors' views on the private markets across all asset classes from secondaries being preferenced over buyouts to the latest appeal of open-ended infrastructure funds. Discover these insights and more by following the link below now!🔍📊 https://okt.to/i6PJ4f #investoroutlook #H12024 #privatemarkets

Investors in private equity and venture capital funds have been facing slower distributions. What does this mean for cash flow management among LPs? The latest Insights+ report "Cash Flow Management: Slowing Distributions" report by Paul Sinthunont, CFA, reveals that quarterly distributions have dropped below the average for over a year and GPs are calling capital more quickly in recent vintages. A sustained period of low distributions will challenge LPs’ liquidity planning. Read the full report for insights: https://okt.to/LaHZYD #PrivateEquity #VentureCapital #CashFlowManagement #Investing

Investors in private equity and venture capital funds have been facing slower distributions. What does this mean for cash flow management among LPs? The latest Insights+ report "Cash Flow Management: Slowing Distributions" report by Paul Sinthunont, CFA, reveals that quarterly distributions have dropped below the average for over a year and GPs are calling capital more quickly in recent vintages. A sustained period of low distributions will challenge LPs’ liquidity planning. Read the full report for insights: https://okt.to/vqFTdQ #PrivateEquity #VentureCapital #CashFlowManagement #Investing