The Drawdown’s Post

AXA Investment Managers acquires CAPZA, increasing its ownership to full by 2026, boosting its private debt and equity offerings. #AXAIMAlts #CAPZA #PrivateInvestment #EMEA #AUM #DirectLending #PrivateEquity #LeveragedBuyout #GrowthSector #StrategicImportance #europere #topstory #property #story #news #Europe #europerealestate https://lnkd.in/ehkPXxem

I am proud to announce the launch of a transaction leading to the entry of a leading partner into #Rivageinvestment 's capital. This minority transaction, which preserves our independence, highlights our teams’ professionalism. It validates our strategy and will enable us to accelerate our growth and our recognition worldwide. ”Faster, Higher, Stronger -Together” Through its partnership with #AXA IM Prime, Rivage Investment adopts the Olympic motto     On the 26th of July, Rivage Investment and PRIvate Markets Enabler (AXA IM Prime) signed a Shared Purchase Agreement (SPA) for AXA IM Prime to acquire a 20% stake in Rivage Investment’s capital. The closure of the transaction will take place after the French financial markets’ regulator AMF has granted its authorisation.   Axa IM Prime is an AXA group General Partner dedicated to open architecture investments in #privatemarkets and hedge funds on behalf of the AXA group as well as third-party investors. Within this platform, a fund was launched intended for minority stakes in Blue-chip unlisted mid-market asset managers, able to deliver regular returns with cash yield. This GP Stake fund will house the stake in Rivage Investment.   This deal demonstrates AXA IM Prime’s satisfaction with the quality of Rivage’s management, the insurance group AXA, being an investor in Funds managed by Rivage Investment since 2016.   What is more, this transaction also testifies its trust in the strategy, values, expertise, governance and long-term structural growth potential of the businesses deployed by the teams of Rivage Investment, on behalf of their entire investor base. As proof of this renewed trust, AXA has simultaneously decided to invest a significant amount in the new vintage of the high return #infrastructure debt strategy, REDI High Return 3 and intends to support the developments of Rivage Investment.   At last, historically owned exclusively by its collaborators, Rivage Investment welcomes this new partner into its capital all the more willingly, as this minority GP stake investment preserves both its share-holding and management independence. All our investors will continue to benefit from complete alignment of interests.   With this leading partner, Rivage Investment will have numerous levers to strengthen its historical positions and create new development opportunities in Europe and on other continents, for the benefit of its clients.

BlackRock and Santander have expanded their alliance to enhance private asset financing. This collaboration will allow both firms to offer a broader range of private market investment solutions, focusing on sectors like infrastructure, real estate, and alternative assets. The partnership aims to provide greater access to innovative financing options, meeting the growing demand for private asset investments among institutional and individual clients. #BlackRock #Santander #PrivateAssets #Investment #FinancingSolutions

🚀 Big strides in the world of private credit! Temasek-backed SeaTown Holdings International just announced the final close of its SeaTown Private Credit Fund II (PCF II), raising over $1.3 billion—surpassing the $1.2 billion raised for its predecessor. 🔑 Key Highlights: - Significant Investor Interest: Commitments came from a diverse group, including a leading Middle Eastern institutional investor, insurance companies, endowments, and family offices. - Strategic Focus: PCF II will target mature, profitable companies across various sectors, issuing debt ranging from $30-100 million with flexible loan periods of 1-6 years. - Impressive Targets: The fund aims for a mid-teens net return and a double-digit distribution yield, making it an ideal fit for multi-asset portfolios seeking income, capital preservation, and diversification. - Expanding Reach: With the close of PCF II, SeaTown’s private credit strategy now manages over $2.5 billion in assets across both funds, contributing to the firm's total $4 billion in assets under management across multiple strategies. Patrick Pang, SeaTown Holdings International CEO, emphasized their team’s proven ability to source, structure, and execute complex deals, providing tailored financing solutions across the Asia Pacific. This is a testament to SeaTown's disciplined approach and deep market expertise, setting a strong precedent for future growth in private credit. For more insights on this announcement, check out the full article: https://hubs.li/Q02P5gWd0 #PrivateCredit #InvestmentStrategies #SeaTownHoldings #CapitalPreservation #Temasek #infineo

Interest article on current challenges in the PE sector. The need for liquidity prompts being creative in money-raising and fund financing strategies. #debtadvisory #fundfinance #liquiditymanagement

Blackstone is set to double the size of its #European private #credit #fund in the upcoming year, having recently raised €1bn from #European #investors to capitalize on the flourishing $1.7tn #market in private corporate #loans. The firm's European Private Credit Fund, #ECRED, launched in 2022, has seen significant growth, mirroring the success of its #US flagship fund valued at $54bn. In light of this achievement, Blackstone's senior managing director, Michael Carruthers, aims to accelerate growth, challenging the team to reach €2bn in the next 10 to 11 months. The #fund, operational in seven countries including the #UK, #France, and #Italy, collaborates with prominent distributors like BNP Paribas and Julius Baer. With plans to expand into more #markets and onboard additional distributors, Blackstone's strategic approach involves targeting 80-85% private credit assets and 15-20% liquid assets, aligning with its #US counterpart, #BCRED. The recent commitment of over $3bn in #Europe, encompassing transactions with key entities such as IRIS Software Group, Zellis, Focus Group, Rimes, and PIB Group, underlines Blackstone's robust presence in the region. Moreover, the firm is poised to finance TPG's acquisition of Aareon Group, highlighting its continued investment in the #European #private #credit landscape. Read more in the Financial Times, on the article by Euan Healy below: https://lnkd.in/dFRbgZBs

Patriot Investment Partners is open for business if anyone wants to have a conversation about our thesis and projects we are working on. We are seeing both limited process and proprietary opportunities. #independentsponsors #privateequity #privatecredit #businessowners #dealbydeal

Previous estimates of $110bn have had to be revised up to $115bn following significant increases to alternative investment fundraising by retail investors. Many of my clients are already seeing the uplift to their portfolio that alternatives can provide. As part of the The Matt Haycox Group, our companies raising capital are giving my clients returns of 12% per year, with returns paid quarterly into their bank account. I have 4 places still to book next week for those who want to explore their options beyond the conventional asset classes! Comment on this post, or sling me a message! #tax #fund #alternatives #alternativeinvesting #investments #financialplanning #insurance #people #thematthaycoxgroup #growth #yeild https://lnkd.in/dh-wyhfr

Just how lucrative can #privatewealth and #insurance become? Fortress Investment Group, backed by the Mubadala is betting on both sectors to increase #AUM to $100bn. They're looking to become more relevant in #LP discussions by building better products and providing more access to capital. More Yahoo Finance and Nassau Financial Group. With new products and offerings coming to market, #allocators need the latest solutions to separate the noise from valued #portfoliodata, improved #riskanalytics, and more. Speak to Vidrio(dot)com today as we're helping #endowments, #foundations, #OCIOs, #assetmanagers, insurers, and more navigate their investments. We look forward to partnering with you. https://hubs.li/Q02HCpTb0

💡 Unveiling the True Potential of Private Equity Misconceptions about private equity often overshadow the substantial benefits it can offer in fuelling growth, providing expertise, and enhancing operational efficiencies for businesses. Martin McLaren, Partner at Maven, sheds light on how private equity operates and its potential advantages. Read here 👉 https://hubs.ly/Q02fzJq20 #BusinessGrowth #investment #PrivateEquity