Clipway

We are pleased to announce the addition of Benoit VERBRUGGHE as Managing Partner, joining Vincent Gombault and Ingmar Vallano, and Partners, J David Enriquez, Inigo Weston, Jonathan Hillgarth-Williams, Joshua Manasseh and Harry Vander Elst, PhD, as well as Senior Advisor Franck Nguyen, in overseeing the investment strategy and leading Clipway’s growth.   Commenting on his appointment, Benoît Verbrugghe said: “Vincent, Ingmar and the entire Clipway team have built a truly impressive proposition that is transforming LP-secondaries investing through the use of cutting-edge technology. I am delighted to be joining the leadership to support the continued growth of the business.”    Vincent Gombault, a Managing Partner and founding member of Clipway, added: “Like the majority of the Clipway senior team, I have worked closely with Benoît over 25 years; together, we have scaled secondaries strategies across North America and Europe. We’re excited to be reunited as we continue to leverage our proprietary technology to bring an unprecedented level of precision and speed to investing in LP portfolios and ultimately identify compelling opportunities.”   https://lnkd.in/dtJ_nanX   #Clipway #LPSecondaries 

Clipway Managing Partner Ingmar Vallano sat down with Madeleine Farman to discuss our strategy and tech-enabled approach to LP-led secondaries on Private Equity International’s Secondaries Investor Podcast.   Thanks to Madeleine for an insightful conversation!   Saving time, energy and brainpower: Clipway’s Vallano on AI-driven secondaries   #Clipway #PrivateEquityInternational #LPSecondaries #PrivateEquity

Clipway Partners J David Enriquez and Joshua Manasseh will be attending SuperReturn Asia in Singapore from the 24-27th of September. On Wednesday the 25th, David will speak on a panel around “Innovations in liquidity solutions: the upswing of the secondaries market” alongside Alessandro Silvestro of Lemanik Asset Management S.A. Pinal Nicum of Adams Street Partners Patrick No of Lazard and José Luis Molina of AltamarCAM Partners On Thursday the 26th, David will moderate a discussion on “GP stakes and the future of private markets” with Vishnu Amble of GreenBear Group, Ben Ruffel, CFA of Kudu Investment Management, LLC. and Rebekah Woo, CFA, CAIA of Farro Capital. For more information on the event, visit: https://lnkd.in/ges-5Gev

This week, Clipway Partner Benoit Verbrugghe took the stage at IPEM Paris, joining a conversation around liquidity’s impact on driving new activity in the secondaries market. Alongside Sabina Comis of Dechert LLP, Eric Deram of Flexstone Partners, and Philipp Patschkowski of Neuberger Berman, Benoit offered his perspective on the opportunity set of secondaries and how dry powder, motivated sellers, evolving LP strategies, and macroeconomic factors are shaping the European secondaries market. Thanks to IPEM for hosting a great event! #IPEM #Secondaries

Please join Yennifer C Frascone of General Atlantic and me as we co-moderate a panel discussion among leading Latin American LPs at IPEM Paris to discuss "Portfolios, Partnerships & Priorities: The Perspective from Latin America". September 11th 2:00pm-3:00pm CET Breakout Room #1 Please register on the IPEM platform

Clipway Partner Harry Vander Elst, PhD recently spoke with Vicky Meek of PEI Private Equity International as part of the publication’s broader report on advanced technologies and AI to share our view on how these technologies empower investors to gain deeper portfolio insights, make more informed decisions, and strengthen relationships with investment partners. Read more here: https://lnkd.in/eB65kXt3

Join us at IPEM Paris from September 9th to 11th at the Palais des Congrès. We will be at booth Q137 - we look forward to connecting with you there! #IPEMParis2024

Friday Letter: A recent report by Clipway shows GPs may have developed tricks to downplay the underperformance of some assets, resurrecting the question of how much wiggle room is needed in valuation processes

Great to see that the second edition of Clipway Insights, powered by TESS, Clipway’s Tech-Enabled Secondaries System, has been covered in Private Equity International. Read the article to find out why a data intensive approach to underwriting is critical for refining secondary buyer pricing capabilities: https://lnkd.in/e7VHTqXi Full report can be found on our website: https://lnkd.in/dJ9eUwwT #PrivateEquity #LPSecondaries #SecondariesInvestor #Clipway #TESS

In the second edition of Clipway Insights, powered by TESS, Clipway’s Tech-Enabled Secondaries System, we uncover interesting patterns in the valuation of private equity portfolio companies.   For example: through examining over 600 unique funds and over 8,000 underlying assets, TESS reveals a pattern of underperformance among the ‘Small’ exposure companies that tend to fall within the bottom 20-30% of mature private equity portfolios, which can have an outsized impact on secondaries returns.   This underscores the importance of thoroughly examining an entire portfolio during due diligence. To achieve this, secondary buyers should leverage the extensive private equity data available and recent technological advancements.   Read the full report below or on our website: https://lnkd.in/dJ9eUwwT   #PrivateEquity #LPSecondaries #Clipway #TESS