With private equity set to further blossom over the next decade and continue its AUM expansion, it will become incumbent upon industry leaders to explore new ways to deliver growth in their firms’ portfolios.
BlackRock Long Term Private Capital will become the new majority shareholder in Creed, the Paris-based multi-century old luxury fragrance company.
Paris-based Apax Partners has added to its team with two new appointments. Joséphine Loréal will work in investor relations, while Raphaël Bazin has been appointed as director at Apax Partners Development, the investment team dedicated to Apax Partners’ investments in companies with a value of EUR10-100 million.
CEPRES, a provider of investment analytics & data solutions for Private Equity, is redefining the future of Private Capital Markets with the launch of the new CEPRES Digital Investment Platform.
By Gary Paulin (pictured), Global Head of Integrated Trading Solutions, Northern Trust Capital Markets – The asset management industry is facing unprecedented pressure from competition, fees, regulatory and compliance challenges, technology costs and shifting product demand. The resulting squeeze on margins is forcing many to lower operating costs and increase scale via consolidation and/or outsourcing.
As investors scramble to build their private equity allocations, PE groups are responding in kind in a bid to meet demand. Developing new products, however, is no easy task. If it is done in a vacuum, without genuine investor interest, or if a fund is developed too quickly, such that the manager is unable to deliver on the investment promise, the outcome is often bad.
This market insight report, produced by TMF Group, in partnership with Private Equity Wire, examines the global fundraising trends and challenges faced by international Private Equity and Real Estate investors.
By Paul Bryant – “We had a hunch that small and mid-cap managers had more ‘juice to squeeze’ from their deals and deliver higher returns than large-cap managers. But we didn’t have hard evidence to back that view up,” says Dr Andrea Carnelli Dompé, vice president at Pantheon, an investor with USD46 billion of assets under management in private equity, infrastructure and real assets.