Precis’ Post

Wynnchurch Capital, L.P., a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments. The fund, which had a target of $3bn, was significantly oversubscribed, resulting in the final closing being held less than five months after its initial launch. It secured support from state pension funds, sovereign wealth funds, endowments, insurance companies, corporate pension plans, investment advisors and family offices from around the globe. #PEInsights #privateequity #fund #restructuring

New Post: Asset manager set to acquire majority of $2.6 billion alts firm - AGF Private Capital has announced it will acquire a majority interest in Kensington Capital Partners Limited — a Canadian alternative investment firm — as part of a wider push by AGF to grow its private markets business. AGF’s investment will be $45 million for 51% ownership of Kensington. Kensington has $2.6 billion in AUM, a 27-year history, and a 40-member team. They have historically managed private equity investments across mid-market buyout & growth strategies and venture capital. As part of the deal, Kensington will retain investment and operational independence as part of AGF. The firm will receive “significant strategic support” from AGF, according to a press release announcing the deal. Kensington’s three senior managing directors Tom Kennedy, Richard Nathan and Eamonn McConnell will continue in their roles. Those three managing directors, as well as other Kensington employees, will retain 49% ownership of the alts firm. #Asset #manager #set #acquire #majority #billion #alts #firmhttps://lnkd.in/dmbS6nEY

🔥 $1.5T+ AUM Franklin Templeton looks towards #PrivateMarkets. “Few have been more acquisitive…” 👓 ⚡️ 🥩 For Private Market GP Stakes investors, the Theme is intact. 📈 #GPstakes #PrivateEquity #PrivateCredit #ThematicInvesting #TheThemeIsIntact #AlternativeInvestments

Yes! Yes! Yes! Finally more focus on the lower-mid market with Five V Capital pitching a new $325m fund to target companies that are too small for their buyout fund. This is excellent news and something I have been calling on for years! The lower mid market is wide open for disruption and it would appear that Adrian MacKenzie and Srdjan Dangubic share this belief. They have selected Chris Adams to lead the charge and armed him with Elliott Whelan and Sara Soldo. Given that the lower mid market (sub $7m earnings) is where Frank Law + Advisory play I am very excited that Five V Capital is launching this fund. The crazy thing is that whilst deals are smaller the upside can be much larger for sponsors. It does require a different approach as most companies still have major founder influence and often have average management structures in place. Deals tends to be influenced by legacy more than dollars and the founders are often cautious of private equity. I am super keen to see how Five V Capital tackle this market. #privateequity #lowmidmarket #sme #growth #corporateadvisory

Special Opportunities REIT scraps IPO plans after falling short of £250m target 🎯. Special Opportunities REIT (SOR) has decided not to proceed with its initial public offering after falling short of its minimum £250m fundraising target. Check out Valeria Martinez's latest article 👇 https://incm.pub/45q7Edw #investing #assetmanagement #wealthmanagement #finance

What investment strategy should I pursue? This is a question any asset manager, acquisitions professional, or investor worth their salt is likely asking themselves. I came across this chart this morning while reading the WSJ. While this data is from equities investing, I suspect buy and hold would be #1 or #2 if the same data was available for CRE. Buy and hold groups/individuals are anecdotally the most active in the Triangle in 2024. #capitalmarkets #commercialrealestate #trianglecre #raleighdurham

#MERGERandacquisitions activity is ramping up in the private credit space with $12.2 billion specialist alternative investment manager Regal Partners acquiring Adrian Redlich’s #commercialrealestate lending business Merricks Capital for $235 million. #CREdebt #developmentfinance #developerfinance #propertyfinance #nonbanklending #propertyloan #commercialfinance #constructionfinance #capitalmarkets #MandA

Just in: Goldman Sachs’ specialty asset manager unit Petershill acquires minority stake in Kennedy Lewis Investment Management LLC Established in 2007, the unit specialises in acquisitions of stakes in alternative asset managers, such as private equity sponsors and hedge funds. Signalling bullish view on the private credit market, Petershill acquired c.40% of the credit manager including the 20% stake sold previously to Azimut Group. From the deal Petershill will receive 30% of fund carry, reports Bloomberg. Azimut will be walking away with $225m for the transaction, having had reportedly acquired the original stake in 2020 for $60m. Kennedy Lewis current business segments include private credit, business development companies, CLOs and REITs. Continued double down on the private credit market which is gradually heating up with competition. Likely more consolidation of fund flows and firms to be seen later this year. Follow to stay updated in private credit and alternative investment. #privatecredit #privateequity #investmentbanking #goldmansachs #hedgefunds

🚀 Excited to share our latest video! 🚀 In this new release, Eddie Clay, Growthink’s Director of Investment Banking and Buyside Practice Lead, dives deep into our approach to M&A and fundraising. Eddie discusses how our team supports businesses through strategic planning, capital raising, and executing successful transactions, with a special focus on the buyside. If you’re looking to explore M&A opportunities, seek buyside advisory services, or drive business growth, this video is a must-watch! 📽️ Watch the full video here: https://lnkd.in/gURBd5bK We’d love your support—please like, comment, and share this post to help us reach more businesses and professionals who could benefit from our expertise! #Growthink #InvestmentBanking #Buyside #MandA #Fundraising #BusinessGrowth #EddieClay #ClientSuccess #BusinessStrategy

🚀 Excited to share our latest video! 🚀 In this new release, Eddie Clay, Growthink’s Director of Investment Banking and Buyside Practice Lead, dives deep into our approach to M&A and fundraising. Eddie discusses how our team supports businesses through strategic planning, capital raising, and executing successful transactions, with a special focus on the buyside. If you’re looking to explore M&A opportunities, seek buyside advisory services, or drive business growth, this video is a must-watch! 📽️ Watch the full video here: https://lnkd.in/gURBd5bK We’d love your support—please like, comment, and share this post to help us reach more businesses and professionals who could benefit from our expertise! #Growthink #InvestmentBanking #Buyside #MandA #Fundraising #BusinessGrowth #EddieClay #ClientSuccess #BusinessStrategy