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The Equine Network, a tech-enabled membership services platform to the USD130 billion US equine industry, has acquired Spalding Laboratories (Spalding), a provider of all-natural insect control services to more than 60,000 horse and animal owners on a recurring annual basis across the US. 
EmergeVest, a Hong Kong-headquartered, growth-oriented private equity investment group with holdings that include EV Cargo, a global logistics-technology company and the largest private logistics company in the UK, has appointed Sam Clothier as Investor Relations Director. With more than USD500 million in assets under management, EmergeVest’s current portfolio includes businesses that generate more than USD1 billion of revenue annually, employing 10,000 colleagues across the globe. EmergeVest focuses on growth investments at the intersection of logistics, technology and financial services.   In his role as Investor Relations Director for EmergeVest, Clothier leads investor relations and client services activities. Prior to joining
BC Partners, a leading international investment firm, alongside the Vacchi family, has completed the take private of IMA Group, a specialist in the production of automatic packaging machines.  The business has been fully delisted from the Milan stock exchange and BC Partners and the Vacchi family now control 100 per cent of IMA. Founded in 1961 in Bologna, Italy, IMA Group is an established global leader in its market, employing approximately 6,200 people in 45 production plants across the world. It specialises in the design and manufacturing of automatic machines for the processing and packaging of pharmaceuticals, cosmetics, foods and beverages,
Jorge Hendrickson, Opus Fund Services
The “private debt” bucket within the fund industry has seen tremendous growth, opportunity, and evolution over the last few years, with no signs of slowing down. The definition and composition of the private debt space has expanded in both breadth and depth, which has led to exciting operational considerations.  Private debt is used as a broad term for all non-listed debt and credit portfolios. “It is a resilient asset class due to its diverse make-up and ability to remain relevant and attractive to investors during all market cycles,” says Jorge Hendrickson, Chief Revenue Officer at Opus Fund Services. For context,
Aani Nerlekar, SS&C Advent
The complexity of how private debt funds are structured and managed is increasing. Cost and expenses related to private debt funds are also becoming more intricate. Newly launches, in particular, need to identify where to keep their expenses low and use their budget in ways to help maximise their output. “As managers move into new asset classes, they need an accounting system to handle them. In cases where the client is still building their fund, they may need to hire additional staff to manage multiple accounting solutions, which comes at a cost,” highlights Aani Nerlekar (pictured), Director, Solutions Consulting at
Scott Turley, Broadridge Financial Solutions
By Scott Turley (pictured), Broadridge Financial Solutions – Private debt is expected to be one of the few asset-class winners of the Covid-19 crisis. As institutional investors struggle to obtain decent returns due to low interest rates and irrationally priced equity markets, many are turning to private debt managers to improve performance. 
By A Paris – Competition has been ramping up in the private debt arena as more managers chase fewer transactions globally. This is paving the way for consolidation in the space as some of the more aggressive players may stumble, having taken on too much risk, and the larger lenders look for solid acquisition targets among the more cautious groups. Private debt is expected to be one of the fastest growing asset classes over the next five years. According to The Future of Alternatives 2025, a report by Preqin, assets under management (AuM) in private debt will increase at a compound annual
YFM Equity Partners’ has sold its shareholding in rail project business Collaborative Project Management Services Limited (CPMS) to French construction engineering company Egis, generating a return of 2x for its investors.
Alternative asset management group Tikehau Capital has appointed Hassan Karimi as Senior Advisor in the Middle East Region. Based in Dubai, United Arab Emirates, Karimi will work closely with Frederic Giovansili, Deputy CEO of Tikehau Investment Management and Global Head of Sales, Marketing and Business Development, to strengthen the firm’s long-standing relationships with regional investors, as well as developing new partnerships in the region. He will also be responsible for providing insights on allocation trends as Tikehau Capital continues to meet the growing demand from institutional investors in the GCC[i] region for exposure to alternative asset classes and private markets
Texture Capital, an institutional marketplace for private capital, has formed a partnership with Vertalo, a digital asset data management platform and SEC-registered transfer agent, to collaborate on solutions to develop the digital securities ecosystem.  Texture Capital has integrated with Vertalo’s technology sandbox, including token issuance, cap table management, and transfer agency services. Vertalo’s Direct Ownership and Direct Listing Platform are transforming the private asset ownership space and, paired with Texture Capital’s technology-driven marketplace, will help to streamline current market structure via Texture’s Alternative Trading System (ATS).  The opportunity to digitise securities on a global scale is escalating as the market

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