Truist Securities’ Post

My thoughts, via Oisin Breen and RIABiz.com on the Creative Planning Goldman Sachs #unitedcapital transaction. My perspective that this was a big win for Peter Mallouk and team on multiple fronts while still being a strategic win for #Goldman Further interesting thoughts from my friend Alois Pirker in the article as well. #ria #wealthmanagement #wealthmanagers #fixedincome #goldmansachs #creativeplanning #theyfoughtthesquidandbothsideswon

Alt Goes Mainstream with Michael Sidgmore and J.P. Morgan's Tyler Jayroe. The alternative asset experts discuss mid-market secondaries, JPMorgan's registered Private Markets Fund, and the current spotlight on the secondary market. Catch these valuable insights on SecondaryLink now: https://lnkd.in/eqna__eD #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets

Multi-asset continuation funds take over! SecondaryLink compares Evercore, Jefferies, Lazard, and PJT Partners’ 2023 estimates and future expectations for continuation fund volume, pricing, and GP-led makeup. #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets https://lnkd.in/ekp4J4p5

On May 31, we reported that Goldman Sachs led a $920M financing for TPG's Classic Collision acquisition. Today, Goldman Sachs Asset Management announced that its Private Credit team had provided the financing! This is Goldman's biggest senior direct lending deal ever! 👀 Shoutout to Paola Aurisicchio for nailing it! 🙌✨ #PrivateCredit #DirectLending #FinanceNews #GoldmanSachs #TPG #ClassicCollision #FinanceMilestone #InvestmentNews #MarketUpdates

PE ~ WHAT ARE YOUR THOUGHTS? NOT FOR ME! I have never liked PE plays, and there is nothing that will change my mind! The formula that over a thousand of you want to learn about is simple. Work the lowest multiple possible to aquire the company, trim the workforce that many worked hard at for years, and inject a new executive team to change the business model to increase revenue and profit (fingers crossed) and then flip it or IPO it. Usually means no more company family picnics, sponsorship of the local little league teams, or generational employment. When have you heard the employees becoming wealthy or rewarded by a PE firm acquisition for years of dedication and sweat. Those of you that invest in PE firms, and work there, I don't like you! My personal take... I ruffle some feathers?

New 2ND Capital is always open for discussions with private equity firms investing in the US. We provide the additional time and capital needed for sponsors to maximize the value of their assets. If you want to discuss continuation funds, fund restructurings or spin outs, please contact Robert L. at robertluttrell@new2ndcapital.com and Yindran Puspanathan at yindranpuspanathan@new2ndcapital.com. #PrivateEquity #Buyout #Secondaries #MiddleMarket

Gaining an edge in a market reset: our annual M&A report looks at how turbulent times produce strategic winners and losers. Read on for insights from #BainMiddleEast partner & leader of our Private Equity and Sovereign Wealth Fund practice, Grégory Garnier: https://atbain.co/49zqcZz

Nasdaq Fund Secondaries recently attended Kline Hill Partners’ annual Secondary Day in Manhattan, hosted by Evercore, where panelists from Campbell Lutyens, Harris Williams, and Evercore discussed notable trends in the secondary market in 2024. ✅ The conversation covered private wealth, continuation funds, the GP and LP-led markets, and volume projections for 2024. 🔗 Read our key takeaways from the meeting here: http://spr.ly/6045qTffW #secondaries #privateequity #fintech

Private equity deal activity surged in 2Q 2024 with middle-market funds leading the way. Read our latest insights on trends, valuations, and the impact of rising interest rates on deal-making. #PrivateEquity #MiddleMarket #MergersandAcquisitions #CarletonMcKenna

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