Munich Private Equity Partners

📰 The role of fund of funds in today’s markets   Ahead of 𝐒𝐮𝐩𝐞𝐫𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 in November, the conference team is putting the spotlight on #PrivateMarkets professionals and their views on key developments in the industry. Among the voices featured this year is also Christopher Bär. In the interview, he discusses a. o. the growing relevance of fund of funds to access specific segments such as the lower #midmarket. In short:   📊 Amid uncertainty and continued volatility in global markets, LPs appear to be further appreciating the structural advantages of the lower #midmarket.   🚀 That being said, the lower mid-market is also more difficult to navigate than the large-cap segment and getting access to the best performing managers, which are typically highly oversubscribed, is becoming increasingly challenging.    🤝 Focused Fund of funds specialists such as MPEP can provide an attractive solution to take advantage, get exposure and capitalize on the structural advantages of this segment.   Read the full interview here: https://lnkd.in/dWnX6rCh   Want to explore this topic further? Join the discussion at the "Fund of Funds: More Fees or Real Value Add?" panel with Christopher at SuperInvestor 2024 on Tuesday, 5 November at 14:35. Secure your spot here: https://lnkd.in/d39gqsP   #CapitalWithCharacter SuperReturn

IPEM Conference 2024 - let’s get ready to rumble and catch-up with fund managers and investors at the Palais des Congrès in Paris.

In challenging markets, only the most resilient strategies shine through ✨ When it comes to #PrivateEquity, it is the lower end of the market that consistently attracts attention. According to Rede Partners LLP’ latest Liquidity Index, published in July, Lower #MidMarket Buyouts have again secured their position as the top choice for investors. 🥇 The Lower #MidMarket continues to be the most sought-after private market segment. 57% of all LPs surveyed plan to increase their allocation over the next twelve months, which is well ahead of other strategies such as Large Buyouts (8%), Private Credit (23%), Growth Equity (22%), and Secondaries (19%). ⚓ Rede Partners attributes this robust momentum to the inherent strengths of the Lower #MidMarket. The authors view this segment as traditionally well-positioned to enable portfolio diversification and as a compelling opportunity for GPs to drive value in a high-interest-rate environment, while also being less reliant on leverage. 🌎 Regionally, LPs continue to gravitate towards established markets. Despite the looming uncertainty of the upcoming US election, #NorthAmerican-focused funds remain in high demand. Interest in #European funds is also growing. In contrast, Asia-focused funds lag, as geopolitical tensions and market challenges continue to temper investor enthusiasm. Link to the study in the comments ⬇️ #CapitalWithCharacter

✨ We are delighted to welcome Sabine Moritz, who joined our Luxembourg office as a Fund Administration Assistant! Sabine brings a wealth of experience in supporting teams, having previously worked for over a decade as a legal assistant at a Luxembourg law firm. 🎓 Sabine holds a Master’s Degree in International Business and Management from IAE Metz School of Management, as well as a Master’s Degree in Foreign Languages (English/German) from the Paul Verlaine University in France. 📸 In her spare time, she is passionate about street photography. After work, you can often find her exploring the city with her camera, capturing the essence of everyday life. Welcome aboard, Sabine! We're thrilled to have you with us. #CapitalWithCharacter #TeamMPEP

Excited to share that I'll be speaking at SuperInvestor 2024 from 5-8 November at The Grimaldi Forum in Monte Carlo! Join me for the "Fund of Funds: More Fees or Real Value Add?" panel as we delve into the evolving role of fund of funds in today's market. Curious about their impact, especially in the lower end of the market? Let's discuss! Considering attending? Reach out for a 10% discount code on SuperInvestor tickets for clients and friends of MPEP. Looking forward to insightful discussions and networking opportunities! #SuperInvestor2024 @Munich Private Equity Partners

“𝟐𝟎𝟐𝟑 𝐰𝐚𝐬 𝐠𝐞𝐧𝐞𝐫𝐚𝐥𝐥𝐲 𝐚 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬. 𝐇𝐨𝐰𝐞𝐯𝐞𝐫, 𝐨𝐮𝐫 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐬𝐚𝐰 𝐬𝐥𝐢𝐠𝐡𝐭𝐥𝐲 𝐦𝐨𝐫𝐞 𝐞𝐱𝐢𝐭𝐬 𝐭𝐡𝐚𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐. 𝐓𝐡𝐢𝐬 𝐬𝐚𝐲𝐬 𝐚 𝐥𝐨𝐭 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐨𝐰𝐞𝐫 𝐦𝐢𝐝-𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐧𝐝 𝐬𝐡𝐨𝐰𝐬 𝐭𝐡𝐚𝐭 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐝𝐞𝐚𝐥𝐬 𝐚𝐫𝐞 𝐬𝐭𝐢𝐥𝐥 𝐡𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠.”   — Christopher Bär in a recent interview with Real Deals.   As part of its "Mid-year Reflection" series, the #PrivateEquity publication talks to selected fund managers about their views on the latest developments in the market. This year's interviewees include our own Hans-Christian Moritz and Christopher Bär. In the interview, they discuss:   🔍 How the first half of 2024 panned out for the industry in general and MPEP in particular. 📈 Why we could see higher deal activity in H2. 🏆 And what small achievement put a smile on our faces in 2023.   Thanks to Shivani Khandekar for the opportunity!   Link to the interview in the comments ⬇️   #CapitalWithCharacter

If it's already printed on shirts you can buy at Amazon, there it must be something... I recently read about an investor who attended a general partner's AGM wearing a T-shirt that said: "DPI is the new IRR". It's clearly a humorous take 😉 but one that effectively underlines how liquidity constraints are at the forefront of investors' minds these days. For Funds Society, I explored the reasons behind the growing impatience of LPs. In short, it's a mix of technical factors forcing a strategic rebalancing of their asset allocation and an equally pressing interest in new exposure to private equity... Many thanks to the editorial team for this opportunity! Link to the article in the comments.

📰 Liquidity Challenges in Private Equity: Where are the Bright Spots? 🌟 #PrivateEquity has been experiencing a notable slowdown in exit activity, leading to lower-than-expected distributions to LPs. In a guest article for Funds Society, David Schäfer explores how this shortfall in liquidity has forced investors to rethink their asset allocations. He also points out why this issue does not affect all segments equally and explains the specific situation in the lower mid-market. The article is available in two languages. You can read the English version here: https://lnkd.in/dbJrDBDp For the Spanish version, click here: https://lnkd.in/daRBtEsu #CapitalWithCharacter

🎉 Great news from our #TeamMPEP We are delighted to announce that Irma Turkic has been promoted to Investment Director! Irma has been an invaluable part of our team since joining us from Fidelity Investments in 2014. Today, she is heading our European investment efforts being responsible a. o. for deal sourcing, analysis, execution and post-investment monitoring 💪 🙏 From all of us here at Munich Private Equity Partners, congratulations! Here’s to continued success and more milestones together ✨ #CapitalWithCharacter

🚀 Running more than portfolios   Our #TeamMPEP had a fantastic time at this year's #B2Run, the largest company run in Munich! Five of our colleagues took on the 5 kilometer challenge through the Olympiapark and successfully crossed the finish line 💪. The grand finale? An impressive finish into the Olympiastadion, followed by a relaxed get-together with cool drinks and plenty of summer vibes ☀️.   Special thanks to all the runners and colleagues who came out to cheer us on for creating such a great after-work experience!   Can you guess who made it to the finish line first?   Irma Turkic Christopher Bär Tim Ruetzel Daniel Pelzl David Schäfer   #CapitalWithCharacter