The much-anticipated 27th Coller Capital Global Private Equity Barometer is now available. Twice a year, the Barometer offers a perspective on recent trends in global private equity and the mindset of the Limited Partners worldwide.
Allan Majotra, Managing Partner, 5Capital, was a panelist at the editorial-led event on the current state of African private equity. Panelists, included IFC, ECP, Actis and other key players in the African PE space.
Aurica III, the Spanish growth equity fund has completed two new deals, while raising Euro 140 Million, on its way to a target size of Euro 150 Million and a hard cap of Euro 200 Million.
Aurica Capital has announced the closings of its first two deals for its third growth equity fund targeting Spain-based SME companies, while reaching investor commitments totalling Euro 140 Million for this new fund. Aurica Capital specializes in growth capital for Spanish companies with revenues in excess of Euro 30 Million and EBITDAs of greater than Euro 5 Million, through significant stakes with control mechanisms.
In April 2017, Aurica backed Delta Tecnic, a fast...
Allan Majotra, Managing Partner, 5Capital, was a panelist at the prestigious University of Chicago annual private equity conference and spoke on the current state of private equity fundraising. RCP Advisors, University of Chicago Endowment, Wynnchurch Capital and Kirkland & Ellis participated along with 5Capital, as panelists.
An excellent article for LPs by the PEI staff on co-investing.
Co-investing has soared in popularity in recent years. But with managers increasingly charging fees and competition for direct deals growing, there are good reasons to be wary when evaluating opportunities. We consider the issues LPs need to weigh up when considering the risk of co-investments.
According to Buyouts Insider, one issue that has haunted emerging managers trying to convince LPs to open their wallets -- how well do these early funds perform and is it worth the risk?
Preqin has an answer: It reviewed a sample set that spans 13 vintage years from 2000 to 2012, and found that 2004 is the only year in which non-first time funds outperformed first-time funds.
The 2012 median net internal rate of return hovered around 24 percent for first-time funds, and around 11 to 12 percent for non-first time funds, the private equity data provider said in a recent report.
This should be good news for LPs who are looking for some alternative to the m...