re:shape’s Post

📣 Bregal Sagemount Closes Inaugural Small-Cap Fund At $500 Million - Bregal Sagemount closed its first small-cap fund, Bregal Sagemount Basecamp I, at $500 million. - The fund reached its target and hard cap with support from existing limited partners, new institutional investors, and a significant general partner commitment. - The Basecamp fund will continue Sagemount’s investment strategy, focusing on growth businesses with high recurring revenues in markets with uncorrelated secular growth characteristics. - The fund will target equity investments between $20 and $75 million in middle-market growth companies. - Sagemount was ranked No. 5 in the HEC Paris-Dow Jones Growth Capital Performance Ranking. - Gene Yoon, Sagemount Founder and Managing Partner, expressed gratitude for the support from a loyal investor base. - Zuhair Khan and Jordan Walton are the co-heads of Basecamp. - Sagemount has raised over $7.5 billion in cumulative capital since its 2012 launch. - The firm provides capital to companies in high-growth sectors across various transaction situations. - Sagemount has invested in more than 70 companies in sectors including software, information services, financial technology, digital infrastructure, healthcare IT, and business services. - Sagemount operates from its New York headquarters and offices in Dallas and Palo Alto, Calif. - Goodwin served as the legal advisor for the fund closing.

Venture Capital News - Venture Capital News Headlines

Senior Associates in venture make $178k - $295k per year. Why such a big range? It’s because of how VCs make money to pay their employees. Often times VCs follow the 2/20 structure. 2% management fee on their fund size or AUM to keep the lights on and pay employees. This is given annually. 20% profit share (carry) when their investments exit. This is distributed in 7-10 years usually. Because of this structure, VCs have fixed budgets to pay employees and it is dictated by their fund size. A $10M fund gets $200k a year to keep the lights on. A $100M fund gets $2M. This is why there is such a gap in pay between early stage funds (often smaller) and late stage funds (often larger). Knowing this is important when going into VC comp discussions. For anyone interested in learning how to effectively negotiate VC comp, I wrote about it in detail here: https://lnkd.in/gsWkapXP --- If you found this helpful, reshare to help one other person in your network. Knowledge is power! #venturecapital #compensation

You want to buy (and keep) companies. You don’t have (enough) money. You are shopping around for investors. Which structure is the best? One way to decide is by answering this question: “How long am I prepared to stick around to earn 1/3 of my HoldCo?” If the answer is 15 or even 20 years, I have a solution for you. It is not for everyone, but you get to hang out with the US search fund royalty 👑 They write checks of $10M to $20M. They have a preference for folks in their 30s with a Private Equity background. You don’t need to have an MBA. Read my latest for RollUpEurope: https://lnkd.in/dWQZDMtK

Embarking on a quest for a debut #privateequity fund: Architect Equity, with OpenGate Capital pedigree, is in market with its first commingled PE fund. The firm makes value-oriented, control investments in lower mid-market businesses in North America, in which profitability is not a requirement at the time of investment, according to the firm’s Form ADV. Architect was formed by OpenGate founding partner Jay Yook, and former OpenGate exec Dionisio Lucchesi. Get all the details here on Buyouts and be sure to check out our extensive list of emerging managers, including first-timers, in the market this year: https://lnkd.in/e6Mys-_B

I’m excited to share that I’ve successfully completed the Private Equity and Venture Capital course! 💡📈 This experience has given me in-depth insights into the dynamic world of private funding, deal structuring, valuation methods, and the strategies that drive the growth of innovative businesses. Understanding the intricacies of private equity and venture capital has not only broadened my financial acumen but also equipped me to analyze entrepreneurial ventures and strategic investments with greater clarity. Eager to apply this knowledge in real-world scenarios and keep building my expertise in the ever-evolving domain of finance! 🚀 #PrivateEquity #VentureCapital #FinanceLearning #ProfessionalGrowth #ContinuousLearning #InvestmentStrategies

Accel-KKR Closes First Strategic Capital Fund For Secondary Investments In The Software Market, At Over $2.2 Billion https://lnkd.in/gWMwM9CA Your go-to for local business news. Follow citybiz Accel-KKR #AccelKKR #Strategic #Capital #Fund #Secondary #Investments #Software #Market #Citybiz #Citybizco #Citybizlist #CitybizNews

📣 Agellus Capital Closes Inaugural Fund at $400 Million - Agellus Capital, a private equity firm targeting lower middle-market companies, announced the final close of its debut fund, Agellus Capital Private Equity Fund I. - The Fund achieved $400 million in total limited partner capital commitments, surpassing its $350 million target. - The Fund was oversubscribed and secured commitments in less than five months. - Investors included endowments, foundations, global financial institutions, insurance companies, family offices, sovereign wealth funds, and various professionals. - Jeff Aiello, Co-Founder and Managing Partner, expressed gratitude for the strong reception from institutional investors. - Agellus targets business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets. - Initial platform investments range from $2 million to $20 million of EBITDA. - The firm aims to drive growth through acquisitions and investments in talent, technology, and systems. - Beau Thomas, Co-Founder and Managing Partner, emphasized the firm's commitment to partnering with companies, investors, and people. - Aviditi Advisors served as the exclusive placement agent, and Weil, Gotshal & Manges LLP served as counsel.

💡 Venture investing is ONLY worth the risk when underwriting outsized returns. High risk, high reward. Smaller funds suit VC underwriting - the chances of success are higher. There's a fight or flight where GPs have to prove performance and grind There's no living off inflated management fees. Small teams mean there's more accountability, and decision making can happen faster Construction in smaller funds allows for lower entry prices, which can be the difference between average and top quartile DPI. 🔎 Data from PitchBook on realised funds between 1976 and 2014. Data is global and only focused on funds investing in early stage VC. #VC #venturecapital

3 ways in which Private Equity (PE), Hedge Funds, and Venture Capital (VC) can become more attractive to Family Offices: 1️⃣ Implement risk mitigation strategies: Family offices want to know how adding your investment to their portfolio impacts them in the short, mid, and long term risk. Help them assess that risk and their portfolio diversification. Position yourself as more than just an investor—you become an advisor. 2️⃣ Leverage technological tools: Many Private Equity and Venture Capital firms have access to cutting-edge tech tools. Incorporating these into your presentations can showcase your value beyond the investment itself, turning you into a valued service provider to the family office. 3️⃣ Hire experienced talent: Bringing in individuals with family office experience can give your firm an edge. Having someone who has “been on all sides of the table” strengthens trust and adds credibility when building long-term relationships. By aligning with the needs and dynamics of family offices, PE and VC firms can offer much more than just financial returns—they can become strategic partners. Do you agree? Feel free to share your thoughts or experiences below, or give a thumbs up if you agree! 👍🏼 #familyoffice #advisor