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Vent'anni di qualitá Read our most recent #newsletter and explore the latest insight and analysis for operational professionals in #privateequity and #venturecapital. Today's #TheDrawdown newsletter brings you: - Profile: Monica Magrassi, Clessidra Holding - Budget breakdown - Crossbreed funds - Cayman Islands removed from Financial Action Task Force (FATF)’s grey list - Southern Europe: Structures to suit all tastes - Comment: Pillar Two ex post - Chimera Capital Holding and BNY Mellon invest in Alpheya - SimCorp launches investment analytics platform - SEI acquires National Pensions Trust - Hawksford acquires Paradigm Governance Partners Limited - Katipult (TSXV: FUND) launches DealFlow Marketing Not with us yet? Sign up today: https://lnkd.in/dyFSSYST #alternativeassets #finance #operations #privateequity #venturecapital #assetmanagement #profile #Italy #domicile #news #hybridfunds #semiliquid #cayman #southerneurope #comment #law #acquisition #serviceprovider #launch #techplatform #portfoliomanagement

RRJ Capital, the private equity firm founded by former Goldman Sachs Group Limited banker Richard Ong, is seeking to raise as much as $2bn for a new fund that focuses on private credit in Asia. RRJ is joining many large asset managers such as BlackRock in expanding into the fast-growing $1.6 trillion private credit markets. The Singapore-based firm has received initial interest from North American pension funds totaling $500m ahead of the fund launch in January. The firm is seeking at least $1.25bn and may raise another $750m, capping the fund size at $2bn. RRJ’s new fund will mainly provide private funding to companies and entrepreneurs in Southeast Asia, India and Australia. While it will be RRJ’s first pure private credit fund, the buyout firm is no stranger in this space. The firm has invested around $2bn in private credit transactions in Southeast Asia, generating investment returns of 17.5%. The soon-to-be-launched private credit fund has a target investment return rate of 15% to 18%. #PEInsights #privateequity #privatecredit #investment

A different, optimistic, perspective on the UK. At Berenberg we think there’s a real change agenda. Ecosystems work best when everyone does their job. By covering more UK companies, giving them visibility across Europe and into the US, and investing in our banking teams, we are playing our part. Thanks for the article Paul Clarke https://lnkd.in/efw5bTDG?

This investment by BlackRock is huge because it gives them a foothold in the alternatives space (specifically global private credit) which is where everyone sees exponential growth. Follow @marginscapital for more free daily content on wealth and alternative investing. #investmentvehicles #wealthopportunity #IndexFunds #VentureCapital #PrivateEquity #AlternativeInvestments #PrivatePlacements #PrivateMarkets #PrivateDebt #PrivateCredit #RealEstate #IndependentSponsor #Alts #AltsSimplified #Alternatives #AlternativesSimplified #AllYouNeedToKnow #margins #marginscapital #femalefounders #womenentrepreneurs #femaleentrepreneur #bipocentrepreneurs

Don’t miss the Asian Venture Capital Journal (AVCJ) Private Equity Forum Singapore on April 24-25 2024! Moderating the panel ‘Private credit: Betting bigger’ at 11:30 am on day two, will be Xander Huang, Head of Sales - ASEAN. On the panel alongside Xander will be Justin Ferrier - Managing Partner-Navis Private Credit at NAVIS, Sandeep Chandak - Managing Director at Elham Credit Partners, and Kanchan Jain - CEO at BPEA Credit. Xander will navigate the insightful discussion exploring how private credit investors are benefiting from current market trends. The conversation will cover: ✴️ Which jurisdictions offer the strongest private credit proposition? ✴️ What happens if there is an uptick in defaults by borrowers? ✴️ How does downside protection vary across different markets? ✴️ What should LPs be mindful of when making allocations to private credit? Connect with Isabella Xue, Benjamin Tan, Sue Ann L., and Nicholas Hulme who are also attending the event. #AVCJPrivateEquityForum #PrivateEquityForum #Singapore #FinancialServices #PrivateCredit #AVCJ

Voya IM is a proud platinum sponsor at #ALTSLA! Please join Patrick Madaus, CFA at our March 19 Roundtable “Navigating Today's Secondary Market Opportunities” and panel “A Second Look at Secondaries” discussing how secondaries have proven to offer investors and managers a great level of liquidity and flexibility in unstable markets. We look forward to seeing you there! Brant Grimes CFA CAIA CIPM, Paul Schemel, Amanda Buckstaff, Kyle McKenzie, Kelly Friis, Nick Newby, Randal Barton, Timothy Scanlan, CFA #AlternativeInvestments #FinancialInvestments #Investing #Investment #AlternativeInvesting #MarketsGroupALTS

Explore the dynamic evolution of RIA investment firms. Watch Harris Baltch, Dynasty Head of Investment Banking, analyze the emergence of new investment firms led by industry pioneers and the strategic maneuvers shaping the future of wealth management. Stay informed on the latest trends and pivotal players driving innovation in the industry. If you are interested in exploring M&A opportunities and need assistance in connecting with the right team, visit https://bit.ly/48jGd4T. Our Investment Banking team is here to provide personalized guidance tailored to your unique needs. Our advisors are independent but not alone. Independence is #PoweredByDynasty #wealthmanagement #independentfinancialadvisor #RIAs #financialadvisor #financialplanning #businessplanning #mergersandacquisitions #thoughtleadership

Forget about just asset management, is there an Australian business in ANY industry like Betashares?! That is, one that has taken on the global incumbents on a level playing field and done so well? The AFR has a terrific graph today showing flows YTD, with BetaShares in number one position (I'll past it in comments). And now with their own D2C investing solution BetaShares Direct they are transitioning from fast-commoditising (already commoditised?) asset management into stickier, higher-margin wealth management. (And when I say "stickier", think "for the customer's entire life".) And who'd bet against them: they have that rare trifecta of Ambition+Strategy+Determination. Reminder: they're only 14 years old!! #CallToAction

Today I had the pleasure to share a panel on Single Asset Continuation Funds, a type of secondary transaction that has become very popular over the last few years and that is being actively pursued in today’s difficult exit environment. We discussed the merits but also the complexities behind this type of transactions. The International Limited Partners Association (ILPA) has taken the lead with its so called ILPA's Continuation Fund Guidance, a set of recommendations that are increasingly followed by market participants. However, whether you are a buyer or a seller (as an existing LP), it is crucial to first focus on Deal Rationale: - the Why - is the GP doing this? - the When - is it the right moment in the fund’s and asset life? - the What - is the deal structure / are the incentives in place etc.? If all that makes sense, you should then ask yourself if the transaction achieves a WIN WIN WIN for all parties involved: the existing LPs, the Secondary Buyers and the GP. Finally, one of the questions was about whether GP-leds are here for the long run or not, and the consensus was that this technology is here to stay. Some predictions even point to 80% (or more) of mid-market GPs doing a least one Continuation Fund in any given fund under mgt in the next 4-5 years. I would like to thank my fellow panel members - Ngowari Adikibi (Partner, Stephenson Harwood LLP), Fay Margo (Chief Executive, Brackendale Consulting), Gilles Collombin (Partner and Head of Investor Relations, Charterhouse Capital Partners), and Gilles Morel (Managing Director, Jasmin Capital) - for the great insights and Private Equity Exchange for the opportunity to participate in this event. The Private Equity Exchange is an event of Décideurs Corporate Finance, part of GROUPE FICADE, which brings together the whole Private Equity ecosystem for a unique 2 days of conferences, networking and awards, connecting over 1200 GPs, LPs, Entrepreneurs, Managers and Advisors. #PrivateEquity #investment #conference #lbo #investmentfunds #gps #lps #PEXq

Checkout video highlights of our Triple A Sustainable Investing Awards 2024 gala dinner last month where we brought together the leading institutional investors, ETF providers and asset servicing providers to celebrate their achievements. For more information about this award programme please go here: https://lnkd.in/eBbmg-aF To view official photos of the awards gala please go here: https://lnkd.in/gf-y5GqV Congratulations to all our winners! State Street | Bank of China | BNY | BOCI-Prudential Trustee Limited | HSBC | China Construction Bank (Asia) | Citi | DBS Bank (DBS Corporate and Institutional Banking) | CITIC Securities/CITIC Securities Fund Services (Asia) | Linnovate Partners | BNP Paribas | Northern Trust | Standard Chartered | Deutsche Bank | AmInvest | Fuh Hwa Securities Investment Trust Co., LTD. | Cathay Securities Investment Trust 國泰投信 | Capital Investment Trust Corp | China Asset Management Co., Ltd. | CSOP Asset Management | Nikko Asset Management Group | S&P Dow Jones Indices | Global Value Chain Investment Corporation Ltd | Tribecca Investment Partners | Sucor Asset Management | Principal Asset Management | Krungsri Asset Management | SSI Asset Management | Huatai International Financial Holdings Company Limited | BNP Paribas Asset Management | Fidelity International | Robeco | KOREA NATIONAL PENSION SERVICE #AssetManagement #Finance #CapitalMarkets #TheAssetAwards #Awards #Celebration #ESG #Custodian #AssetServicing #SubCustodian #Event #FundManagement #CorproateTrust #FundAdministrator #PrivateEquity #HedgeFund #DigitalAsset #DigitalCustody #ETF #IndexProvider #PensionFunds