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Here are some of the top reports and insights from private markets this month. Explore The Valt Journal Library for full access to our repository of private market research. 🏆 Here are the top reports (TVJ Spotlights🔦) included in this edition: 1) Global fund performance report (by PitchBook) 2) Why middle-market co-investment opportunities make sense now (by Hamilton Lane) 3) Understanding style drift in perpetual BDCs (by Barings) 4) Mid-year real estate outlook 2024 (by Principal Asset Management) 5) Navigating ILPA’s NAV-based facility guidance (by PitchBook) 📌 Key themes and trends across private markets: 1) Middle-Market Co-Investments Benefits of broader deal sets, greater value creation potential, conservative valuations with lower leverage, enhanced exit options and shorter hold periods. Co-investment funds provide diversification across GPs and sectors in a more fee-efficient structure. 2) Secondary Buyouts Surge PE firms are increasingly turning to secondary buyouts, allowing them to recycle capital and realize returns amid slower exit markets. 3) Fundraising Momentum in Private Equity PE firms are raising larger funds, focusing on sectors like healthcare and technology. PE and VC funds continue to outperform public markets. 4) Venture Capital Growth in Emerging Markets VC investments are ramping up in emerging markets, driven by the rise of tech-heavy sectors like fintech and clean energy. 5) Private Credit Expansion Private credit is booming, especially in Europe. Key opportunity areas include asset-based finance, CLOs, real estate debt, emerging market debt etc. 6) Asset-Based Finance and NAV Financing Asset-based financing ($15T market), including NAV-based facilities, is increasingly used by PE firms to improve liquidity and manage portfolios. ABF offers higher yields, diversification, and flexible term structures, making it attractive to asset allocators like insurers and pension funds. 7) Real Estate Investments Real estate remains a strong asset class for private asset managers, with continued focus on income-producing sectors like logistics and multifamily housing. 🗞 Check out the latest edition of 𝐓𝐡𝐞 𝐕𝐚𝐥𝐭 𝐉𝐨𝐮𝐫𝐧𝐚𝐥, where we capture the latest reports and research on #privatemarkets and #alternativeassets published in the last month from top-tier asset managers and thought leaders in the space. 📌 Featuring 8️⃣0️⃣ links and 4️⃣0️⃣ authors in the latest edition! 🚀 The Valt Journal Library is a private markets and alternative assets focused live repository featuring a collection of c.5K research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! Link to The Valt Journal Library: https://lnkd.in/dFT2Qu8d #TheValtJournal #TVJ31 #privatemarkets

We are happy to share our ‘Summer 2024 Roundup’ for full access to top reports and insights in private markets this summer! Explore The Valt Journal Library for full access to our repository of private market research. 📌 Must-reads (TVJ Spotlights🔦) from this edition: 1) Upper middle market lending (by KKR) 2) How private equity’s ‘engine room’ can drive alpha (by Pantheon) 3) The love-hate relationship in private equity secondaries (by Nuveen, a TIAA company) 4) The rise of semi-liquid secondaries funds (by UBS) 5) Navigating the future of energy: The growing power demand in emerging markets (by TCW) 🖇 Save our ‘Summer 2024 Roundup’ for the complete list. 💡 Key themes and trends across private markets: 1/ Strength in Upper Middle Market Lending: Lending to companies with $50-$200M EBITDA shows lower default rates and offers better risk-adjusted returns vs smaller firms. 2/ Resilience of Securitized Credit: With yields higher than investment-grade corporates and low duration, this asset class is well-positioned in today’s interest rate environment. 3/ Growth of Insurance-Linked Securities (ILS): The market is expanding rapidly, driven by an increase in natural catastrophes. Investors benefit from diversification and attractive risk premiums. 4/ Opportunities in Mid-Market Private Equity: Mid-market segment is expected to see record fundraising and deal activity, particularly in niche sectors. 5/ Opportunities in Asia VC: The Asian VC market has grown significantly, with assets increasing 21x from 2011 to 2022. Investors should focus on capital efficiency, local presence, right-size funds. 6/ Energy Transition in Emerging Markets: India alone requires approximately $10T by 2070 for its energy transition, with a need to double the pace of renewable energy adoption to meet 2030 targets. 7/ Growth of Secondaries: The PE secondary market has grown to $68B in 1H 2024 (up 58% yoy). LP-led transactions (59%) are on the rise, driven by semi-liquid open-ended funds offering liquidity and diversification. 8/ AI's Transformative Impact on Finance: AI could contribute over $15T to the global economy by 2030, with professionals saving up to 12 hours per week thanks to AI-driven productivity gains. 🚀 We spend countless hours finding and curating the best research in private markets and alts, so you don't have to! Link to The Valt Journal Library: https://lnkd.in/dFT2Qu8d #TheValtJournal #Valt #privatemarkets

We are happy to share the launch of the India In Sight Library on our platform - a comprehensive repository of India-focused research reports and articles designed for global investors targeting India specifically. [Published by Ambassador Capital Partners] 🎉   India In Sight provides an extensive collection of hard-to-find reports and articles on Indian private markets, deals, fundraises, and alternative assets. This easy-to-navigate live repository is now available to all, offering invaluable insights and information to help investors make informed decisions. Explore the India In Sight Library today and stay ahead of the curve in the dynamic Indian market. Join us on this journey and explore India In Sight Library today to gain access to a great collection of research and reports. https://app.valt.ai/india You can also subscribe to the weekly newsletter to get regular updates, directly delivered to your inbox. https://lnkd.in/dBvPxUdv #IndiaInSight #ResearchLibrary #InvestInIndia #PrivateMarkets #AmbassadorCapitalPartners

🚀 What is happening in private markets and the world of investments this week? Where to find the best research and reports? How are asset managers and investors looking at alternatives and how do they plan to navigate the markets for the rest of the year as we hit mid-year 2024? Where do the opportunities lie across private asset classes? 🗞 Check out the latest edition of 𝐓𝐡𝐞 𝐕𝐚𝐥𝐭 𝐉𝐨𝐮𝐫𝐧𝐚𝐥, where we capture the latest reports and research on #privatemarkets and #alternativeassets published in the last two weeks from top-tier asset managers and thought leaders in the space. 📌 Featuring 8️⃣0️⃣ links and 3️⃣5️⃣+ authors in the latest edition! Here are the top reports (TVJ Spotlights🔦) included in this edition: 1) Fueling the future (by PGIM) 2) CLO equity: 101 (by Barings) 3) Multi-asset credit (MAC) playbook (by Marathon Asset Management) 4) NVCA venture capital monitor 2Q 2024 (by PitchBook) 5) Understanding private fund performance (by Dimensional Fund Advisors Fund) 🚀 You can also check out our latest launch: The Valt Journal Library A private markets and alternative assets focused live repository featuring a collection of c.5K research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! Link in comments! 📌 📈 We cover the latest #reports, #articles and #podcasts across #privateequity #privatecredit #alternativeinvestments #venturecapital #macro #assetallocation #realestate #realassets #infrastructure #climatefinance #artificialintelligence #technology 📢 Find out what the best in the business have to say about private markets in the current environment. Featured in this edition: abrdn Adams Street Partners Advent International Amundi Bain & Company Boston Consulting Group (BCG) BlackRock BNY CAIA Association EDHEC Infra & Private Assets FS Investments Hamilton Lane HarbourVest Partners Harvard University HSBC Impax Asset Management Institutional Investor Invesco US J.P. Morgan Juniper Square Man Group MorganFranklin Consulting Morgan Stanley Natixis Investment Managers Neuberger Berman Northern Trust Nuveen, a TIAA company PIMCO PitchBook Principal Asset Management Robeco State Street UBS Wellington Management #thevaltjournal #thevaltjournallibrary #valt #alternativeinvestments #pe #vc #privatemarkets #finance #investments #assetmanagement #venturecapital #climate #EV #TVJ30 #ai #tech #fintech #energytransition #esg #privateassets #funds #funding #lp #gp #privatecapital #portfolio #wealthmanagement

Key opportunities and investment related insights from The Global EV Outlook 2024 report by International Energy Agency (IEA), curated by The Valt Journal Library. 🔋Battery Manufacturing and Recycling: > Global EV battery manufacturing capacity demand to grow by 7x by 2035 > $500B announced globally for EV (55%) and battery manufacturing (40%) in 2022-23; 40% already committed > Investments in new battery chemistries are gaining traction; sodium-ion batteries are 20% cheaper vs lithium-based. Notable early-stage deals included China's WeView ($90M) and Noon Energy ($30M) > Battery recycling industry expanding fast: capacity to exceed 1,500 GWh by 2030. Ascend Elements raised $540M for cathode recycling   🔌Charging Infrastructure: > Public charging infra needs to increase by 6x by 2035 > No. of installed public charging points increased by 40% globally in 2023 > E-truck sales (up by 35% in 2023) driving the demand for dedicated charging solutions > 20x jump in Heavy-Duty Vehicle (HDV) charging capacity required by 2035  > UK, Canada, China, India and Korea are leading in the development of charging infra > Grid Planning to attract focus to accommodate the new loads from HDV electrification 🪨 Critical Minerals Supply Chain:  > Securing the supply chain and focused investments in mining and refining tech are crucial > Key deals include Summit Nanotech raising $50M for lithium extraction and KoBold Metals securing $195M for cobalt extraction > Governments are launching sovereign critical raw material funds to invest in the sector. France launched Critical Metals Fund (EUR2B) and European Battery Alliance launched Strategic Battery Raw Material Fund (EUR500M) > Battery demand for lithium, cobalt and nickel up by c.30% vs 2022 🌏 Emerging Market Expansion:  > India’s EV sector requires $200B+ investment > Indian Electric 2W and 3W market offers opportunities - startups raised $2.7B during 2018-2023 > India’s FAME II scheme with E-Freight Accelerator (c.8K freights vehicles by 2023) and Indonesia’s local content policies are driving market growth > Thailand aims to become a major EV manufacturing hub, targeting $28B in foreign investment within four years, backed by specific incentives > EV car registrations rising rapidly in emerging markets like Thailand (up by 4x at 90K in 2023) and Brazil (up by 3x at 50K) 🗒 Click here to read the complete summary! https://lnkd.in/d5NxabZy 🚀 For more such reports and insights, you can check out our latest launch: 𝐓𝐡𝐞 𝐕𝐚𝐥𝐭 𝐉𝐨𝐮𝐫𝐧𝐚𝐥 𝐋𝐢𝐛𝐫𝐚𝐫𝐲. A private markets and alternative assets focused live repository featuring a collection of 1,100+ research reports and articles from 150+ global asset managers and experts across 40+ sub-categories for an efficient, fast and seamless research experience. 📌 Explore TVJ Library. We curate the best research so you can spend more time investing, less time researching! https://tinyurl.com/tvjlib #TheValtJournalLibrary #EV

🚀 What is happening in private markets and the world of investments this week? How are asset managers and investors looking at alternatives and how do they plan to navigate the markets for the rest of the year as we hit mid-year 2024? Where do the opportunities lie across private asset classes? 🗞 Check out the latest edition of 𝐓𝐡𝐞 𝐕𝐚𝐥𝐭 𝐉𝐨𝐮𝐫𝐧𝐚𝐥, where we capture the latest reports and research on #privatemarkets and #alternativeassets published in the last two weeks from top-tier asset managers and thought leaders in the space. 📌 Featuring 7️⃣5️⃣ + links and 3️⃣5️⃣ authors in the latest edition! Do check out the PE/VC databooks from PitchBook! 🚀 You can also check out our latest launch: The Valt Journal Library A private markets and alternative assets focused live repository featuring a collection of c.5K research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! Link in comments! 📌 📈 We cover the latest #reports, #articles and #podcasts across #privateequity #privatecredit #alternativeinvestments #venturecapital #macro #assetallocation #realestate #realassets #infrastructure #climatefinance #artificialintelligence #technology 📢 Find out what the best in the business have to say about private markets in the current environment. Featured in this edition: abrdn Amundi AXA Investment Managers Bain & Company Barings Boston Consulting Group (BCG) BlackRock Carta Nuveen, a TIAA company Goldman Sachs HarbourVest Partners HSBC Institutional Investor J.P. Morgan Juniper Square Legal & General Investment Management (LGIM) LGT Capital Partners Lightspeed M&G Investments Man Group Mawer Investment Management Morgan Stanley Nomura Northern Trust Oaktree Capital Management, L.P. Ontario Teachers' Pension Plan Pantheon Permira portfolio institutional PIMCO PitchBook Robeco State Street TCW UBS #thevaltjournal #thevaltjournallibrary #valt #alternativeinvestments #pe #vc #privatemarkets #finance #investments #assetmanagement #venturecapital #climate #EV #TVJ29 #ai #tech #fintech #energytransition #esg #privateassets #funds #funding #lp #gp #privatecapital #portfolio #wealthmanagement

As we approach mid-year 2024, the influx of mid-year reports and outlooks can be overwhelming and it is tough to find the best ones. Don't worry, The Valt Journal Library has you covered! 🚀 Visit The Valt Journal Library (now live with the latest updates) to find the best research reports at one single destination. Our mission is to make top-tier research accessible to everyone. 🎯 What is The Valt Journal Library? 'The Valt Journal Library' is your go-to resource in the private markets and alternative assets space, featuring a live repository of research reports and articles from over 150 global asset managers and experts across 4 categories and 40+ sub-categories. We dedicate countless hours to curating the finest research in private markets and alts, saving you the hassle! 💡 Why TVJ Library? Invest less time searching for reports and more time acquiring valuable insights with our meticulously curated selection. Our advanced filters and in-house tagging system simplify your research, making it quicker, more efficient, and precise. 📑 What's New? - 5,200+ titles screened; ~20% selection ratio - 1,070+ reports & articles - 150+ leading sources (including KKR, BlackRock, Bain, etc.) - 4 key categories & over 40 sub-categories - 4,400+ tags; 175+ 'Featured' research TVJ Library is a good tool and resource for asset managers, investment bankers, investors, young professionals, and students. Our selection spans multiple asset classes and geographies, bringing the best of global research directly to you with minimal effort. Join us on this exciting journey and explore the updated TVJ Library now. 🔗 Link to TVJ Library: https://lnkd.in/dFT2Qu8d #TheValtJournalLibrary #TVJLibrary #TheValtJournal #Valt #alternativeassets #privatemarkets

🚀 What is happening in private markets and the world of investments this week? How are asset managers and investors looking at alternatives and how do they plan to navigate the markets for the rest of the year as we approach mid-year 2024? Where do the opportunities lie across private asset classes? 🗞 Check out the latest edition of 𝐓𝐡𝐞 𝐕𝐚𝐥𝐭 𝐉𝐨𝐮𝐫𝐧𝐚𝐥, where we capture the latest reports and research on #privatemarkets and #alternativeassets published in the last two weeks from top-tier asset managers and thought leaders in the space. 📌 Featuring 7️⃣0️⃣ + links and 3️⃣4️⃣ authors in the latest edition! 🚀 You can also check out our latest launch: The Valt Journal Library A private markets and alternative assets focused live repository featuring a collection of c.5K research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! Link in comments! 📌 📈 We cover the latest #reports, #articles and #podcasts across #privateequity #privatecredit #alternativeinvestments #venturecapital #macro #assetallocation #realestate #realassets #infrastructure #climatefinance #artificialintelligence #technology 📢 Find out what the best in the business have to say about private markets in the current environment. Featured in this edition: abrdn Adams Street Partners Amundi Ares Management Corporation Barings BlackRock The Carlyle Group Citi FS Investments GIC Goldman Sachs HarbourVest Partners HSBC International Energy Agency (IEA) J.P. Morgan Juniper Square KKR LGT Capital Partners M&G Investments M&G plc Monroe Capital LLC Morgan Stanley Neuberger Berman Nuveen, a TIAA company Ontario Teachers' Pension Plan PIMCO PitchBook PwC Robeco Schroders State Street TPG Wellington Management UBS Institutional Investor #thevaltjournal #thevaltjournallibrary #valt #alternativeinvestments #pe #vc #privatemarkets #finance #investments #assetmanagement #venturecapital #climate #EV #TVJ28 #ai #tech #fintech #energytransition #esg #privateassets #funds #funding #lp #gp #privatecapital #portfolio #wealthmanagement

Ever felt overwhelmed by the sheer volume of research on private markets? We've got you covered! 🚀 Exciting Update from The Valt Journal Library! 🚀 The Valt Journal Library (TVJ Library) has been updated and is now live with latest research materials! Our mission is to make top-tier research accessible to everyone. 🎯What is The Valt Journal Library? 'The Valt Journal Library' is a private markets and alternative assets-focused live repository featuring a collection of c.1,000 research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast, and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! 💡 Why TVJ Library? Navigating the complex world of private markets and alternative assets can be daunting. The sheer volume of information available makes it difficult to pinpoint the most relevant and insightful research. That's where The Valt Journal Library comes in. Spend less time searching for quality research and more time gaining valuable insights with our curated selection. Our advanced filters and in-house tagging system across 40+ sub-categories make the job easier, faster, efficient and precise! 📑 What's New? - 5,000+ titles screened; ~20% selection ratio - c.1,000 reports & articles - 150+ top sources (KKR, BlackRock, Bain, etc.) - 4 key categories & 40+ sub-categories - 4,200+ tags; 175+ 'Featured' research Whether you're an asset manager, investment banker, investor, young professional, or a student—you will find TVJ Library to be a valuable tool. Our selection of research spans asset classes and geographies, bringing the best research to your fingertips at minimal effort. Join us on this exciting journey and explore the updated TVJ Library now. 🔗 Link to TVJ Library: https://lnkd.in/dFT2Qu8d #TheValtJournalLibrary #TVJLibrary #TheValtJournal #Valt #alternativeassets #privatemarkets

Ever felt overwhelmed by the sheer volume of research on private markets? We've got you covered! 🚀 Exciting Update from The Valt Journal Library! 🚀 The Valt Journal Library (TVJ Library) has been updated and is now live with latest research materials! Our mission is to make top-tier research accessible to everyone. 🎯What is The Valt Journal Library? 'The Valt Journal Library' is a private markets and alternative assets-focused live repository featuring a collection of c.1,000 research reports and articles from 150+ global asset managers and experts across 4 categories and 40+ sub-categories for an efficient, fast, and seamless research experience. We spend countless hours curating the best research in private markets and alts, so you don't have to! 💡 Why TVJ Library? Navigating the complex world of private markets and alternative assets can be daunting. The sheer volume of information available makes it difficult to pinpoint the most relevant and insightful research. That's where The Valt Journal Library comes in. Spend less time searching for quality research and more time gaining valuable insights with our curated selection. Our advanced filters and in-house tagging system across 40+ sub-categories make the job easier, faster, efficient and precise! 📑 What's New? - 5,000+ titles screened; ~20% selection ratio - c.1,000 reports & articles - 150+ top sources (KKR, BlackRock, Bain, etc.) - 4 key categories & 40+ sub-categories - 4,200+ tags; 175+ 'Featured' research Whether you're an asset manager, investment banker, investor, young professional, or a student—you will find TVJ Library to be a valuable tool. Our selection of research spans asset classes and geographies, bringing the best research to your fingertips at minimal effort. Join us on this exciting journey and explore the updated TVJ Library now. 🔗 Link to TVJ Library: https://lnkd.in/dFT2Qu8d #TheValtJournalLibrary #TVJLibrary #TheValtJournal #Valt #alternativeassets #privatemarkets