A new global study has found that 70 per cent of private equity firms plan to invest in LatAm in the next five years – ahead of Asia Pacific – while over nine out of ten North American-based GPs are set to commit capital to the region by 2026.
Aquila Capital and Axpo, a Swiss renewable energy producer and specialist in wind and solar energy trading, have agreed on a series of power purchase agreements (PPA) and representation services for a solar PV portfolio located in Portugal.
Private debt strategies continue to gain investor traction, as institutional allocators look to increasingly esoteric ‘alternative’ fixed- income- style products, according to interviews with global and boutique investment consultancies conducted by Private Equity Wire.
Randy Schwimmer, who heads up senior lending origination and capital markets at Nuveen affiliate Churchill Asset Management, outlines how he experienced the lending market throughout the global Covid-19 crisis and how it keeps evolving in 2021.
By Elizabeth Weymouth (pictured), Founder and Managing Partner, Grafine Partners – There’s a quiet revolution happening among sophisticated institutional investors and large pools of capital that could eventually up-end one corner of the private equity universe. A growing number of LPs are starting to turn away from allocating to the largest managers and towards experienced dealmakers who are starting their own shops – many of whom are spin-outs from the giant firms.
Schroders Capital has reached the EUR1 billion hard cap fundraising target for the Schroder Euro Enhanced Infrastructure Debt Fund II (JULIE II).
Envestnet and iCapital Network1 (iCapital) have announced a strategic relationship to deliver access to curated UBS and iCapital alternative investment products through Envestnet's platform. To power the initiative, Envestnet will launch the Alternatives Exchange, a new solution designed to provide these products to the firm's clients, leveraging iCapital's turnkey technology through single-sign-on access.
In this podcast, Private Equity Wire speaks to New York-based growth equity firm LB Equity, a firm that invests in high-growth beauty and wellness brands, about sustainability themes within the beauty space. Founded in 2012, LB Equity is led by co-founders Jay Lucas (pictured), a former partner at Bain & Company, and Karen Ballou, who used to work for Redken and Elizabeth Arden.
Founded in 2012 by Jay Lucas and Karen Ballou, LB Equity is a growth equity firm investing within the wellness, beauty and personal care brands space. The New York-based firm invests at a very early stage; when the emerging brand has hit around USD1-3 million in revenues.
By Fred Lee, Revelation Partners – Transactions led by GPs, including GP-led restructurings, are used as a tool for efficient fund management, benefiting both GPs and LPs. The volume of GP-led transactions has grown alongside volume in the broader secondary market. In 2020, GP-led deals accounted for USD26 billion of deal volume – more than 40 percent of total secondary activity.