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Has anyone been an independent sponsor and willing to chat? I'd love to learn about the experience you went through to raise money and who you ended up raising from. Ideally, you'd have previous career experience as a private equity investor. At Gather Capital we think that part of the reason that big LPs, like CalPERs, invest in the biggest PE firms is the fee free/carry free co-invest (so on a blended basis CalPERS is no longer paying 2/20). We're looking to understand the fee structure for independent sponsors in the lower-middle market (<$15mm EBITDA) and see how it compares to the standard 2/20 that PE firms charge.

Venkat Arumilli will be speaking at Raise Fest 24, the ultimate online event for real estate investors who want to learn how to raise more capital and grow their portfolio. 🚀 He will talk about "Scalable Relationships: How To Provide Personal Touches That Will Help You Raise Money When Investors Are Fearful". 😊 If you want to learn how to raise more money and close more deals by providing personal touches that will make your investors feel special and appreciated, you don't want to miss this session. 😍 To register for Raise Fest 24, you can click on the link below. 👇 https://lnkd.in/eaqG9P74 #raisefest #multifamilyinvesting #passiveincome

Family offices now manage around $10 trillion, nearly twice as much as the hedge fund industry. Much like how PE and VC disrupted the public markets in the 1980s, family offices are now starting to challenge the PE sector. Data indicates that in 2024, family offices plan to increase their direct investment allocation to actively contribute their expertise and take a more hands-on approach to their investments. If you are looking to raise capital in today's market, I highly recommend this 30-minute talk by Ronald Diamond "Raising Money from Family Offices" for a deeper understanding of the family office space. #familyoffice #privateequity

On the heels of Pitchbook data showing fundraising activity on track to be the weakest since 2015, we hear that General Catalyst is raising a $6B fund - their largest yet - that could close in the next month. That follows last month's Andreessen Horowitz $7.2B raise for multiple funds. Assuming the GC close, those two firms alone will have attracted a combined $13.2B - or almost 45% of the total LP commitments to US VC funds in 2024. https://lnkd.in/gpnN5ytk

Ely Place Partners' Daniel Roddick shares his insights in Priyanka Iyer's article on specialised secondaries funds published by SecondaryLink.   The article unpacks why this could be the year for the secondaries market given the available dry powder and the drive for strong fundraising efforts. Daniel comments that there will be limited space for new players with generalist secondaries funds and cites private debt secondaries as a specialised area to look out for in terms of upcoming robust growth.   As an expert advisor in secondaries and private debt, it’s always a pleasure contributing our perspective alongside industry peers Collin Zych from PJT Partners, Houlihan Lokey's Sameer Shamsi, Olav Ostin from TempoCap, and Reach Capital | Private Assets Advisor's William Barrett, CAIA and Xavier Hernando.   To read the full article, click the link in the post below.   #secondaries #privatedebt #privateequity #fundraising

It's great to have our Managing Partner, Olav Ostin, featured in the latest article from the team at SecondaryLink on the rise of specialised secondaries and the increased interest from LPs in this space. As the piece articulates, the bullish outlook on the secondary market is only getting stronger as the space gears up for record volumes in 2024. As Olav states, "LPs are more interested in secondaries funds than they were two or three ears ago. Every LP you talk to now is saying that secondaries are of interest to them. Even the ones who have ever looked at secondaries are trying to find out how to position themselves in the secondary market." Click on the link below to read the full article! #secondaries #VCsecondaries #secondarymarket #techinvesting

Coller Capital’s Fund IX crosses halfway mark for its $10 billion target. The fund is targeting a close in Q1 2025. Once closed, it will be approximately $1 billion larger than its predecessor. Read for details on the fund’s return targets, management fees and performance fees. Jeremy Coller #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Fundraising https://lnkd.in/exF3d8EE

Poor liquidity and macroeconoic concerns means many firms are stringing out their raises far longer than previously. Is it time to throw the private equity fundraising playbook out of the window? Aviditi Advisors CEO Ryan Schlitt and partner Anna Marie Curran, CAIA explore how GPs need to approach fundraising in 2024 to avoid hitting a capital raising plateau. Read the full story here: https://lnkd.in/ePPjj7d9

Specialized secondaries funds are in focus in a year of strong fundraising. Amidst increasing competition and several large players raising mega-funds, having specialized funds will make secondary buyers stand out, say industry experts. Read on for insights from PJT Partners’ Collin Zych, Houlihan Lokey’s Sameer Shamsi, Ely Place Partners’ Daniel Roddick, TempoCap’s Olav Ostin and Reach Capital | Private Assets Advisor’s William Barrett, CAIA and Xavier Hernando. #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Infrastructure #Infra #PrivateDebt #PrivateCredit #Venture #VentureCapital #VC https://lnkd.in/eWbpcnaA

The secondaries market for private fund interests has grown at great scale over the last few years, with dry powder and fundraising at record levels. The 2023 secondary market volume stood at an estimated U$115 billion and the average flagship secondaries fund grew 48% from its predecessor fund, both according to PJT Partners. #TeamSPB explore how outside thinking and creativity can help sellers achieve optimal outcomes in the LP-led secondaries market. Read the full publication here ➡️ https://ow.ly/cZbm50RSjOC #SecondariesMarket | #PrivateFund | #GPLed