Whitman Asset Management Limited’s Post

2023 saw almost £1.5bn of Scottish commercial property assets change hands – a decline of 38% compared to 2022. Murray Stewart, Head of our Real Estate team said: “We are well placed to capitalise on any distress in the market with significant experience in the acquisition and disposal of distressed assets through insolvency processes.” To find out more about what our Real Estate team can do for you, click here: https://lnkd.in/e_ufQ5EG #CommercialRealEstate #BuyingAndSelling #MarketTrends

A Huge Vote Of Confidence In The Letting Market The recent sales of Stirling Ackroyd, Chestertons and Alexander & Co represents a huge vote of confidence in the UK letting market. Despite endless articles about the decline of the buy to let market, it seems that a private equity fund and a large European property conglomerate still have enough confidence in the sector to spend a nine figure sum on three large acquisitions and I believe that this confidence is fully justified. Whilst over 200,000 buy to let properties were sold in 2023, most of ... https://lnkd.in/eXmAicFK

Howdy! Buy Order! This past week the Real Estate & Financials sector (Christian Larios-Cruz, Maxwell Finnegan, Reece Jumonville, and Gauravaram Ganesh Sudhakar) in the Aggie Investment Club Equity Fund pitched Crown Castle (NYSE: CCI), a cell tower and telecommunications infrastructure company based in Houston. The fund accepted our pitch and has allocated 4.4% of our AUM for CCI. Our 2-year price target is $158.68 with an implied 62.22% upside. This interesting story with much noise is fueled by a potential fiber and small cell asset sale (~$12Bn), activist investor Elliott Investment Management L.P., a management shake-up, a current proxy fight started by a co-founder, and significant balance sheet restructuring. Attached below is our full presentation, valuation models, and in-depth investment thesis on Crown Castle. Please let me know what you think! #longAIC #ReclaimingTheCrown #RestoringTheCastle

The growing popularity of Continuation Funds. Hayley McCollum of Marquette Associates discusses how more recently, general partners have come to occupy an increasing percentage of the overall market. In 2023, about $110 billion in volume traded in private equity secondaries, with about 50% of the total transaction activity represented by GP-led transactions. #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets https://lnkd.in/eM8PdB5n

Rohan Tells us an intriguing tale about Charlie Munger's investment strategy. He says that Charlie, a savvy investor before his time, had a fondness for acquiring large, well-kept real estate properties. He had a keen eye for irreplaceable gems, often in picturesque coastal towns, with a particular taste for apartment complexes. He was building a lasting legacy, creating generational wealth through his real estate acquisitions. He safeguarded these assets with complex buy-sell provisions in trust, preventing sales and ensuring continued ownership. The result? A steady, substantial cash flow for his family. Interested in keeping up to date with real estate deals? Join here: https://lnkd.in/d4YS94Gk #CharlieMunger #RealEstateInvestment #GenerationalWealth

Exciting news! Calder Capital is expanding into Florida with a new office in the Tampa Bay area, led by seasoned dealmaker Matt Uhl. Part of our 10-year plan is nationwide expansion physically,” commented Max Friar. “While we serve clients everywhere presently, it’s important to have boots on the ground for those critical face-to-face meetings and discussions. Additionally, Florida makes a lot of sense. Beyond the significant business and community ties to the Midwest, the population of Florida is expected to grow 30% by 2040 and already the state is one of the largest economies in the world.” Friar continued, “Quite frankly, we continue to find that manufacturing, construction, and services businesses in the $2-50M range are underserved; Main Street brokers are ill-equipped and ineffective, and larger investment banks are not interested.” Connect with Matt to learn more about our growth and how we can assist you with your M&A needs! Phone -  (305) 699-4423  Email - matt.uhl@caldergr.com  Read more about our expansion here: https://lnkd.in/g7KK2z4N #florida #businessowners #sellabusiness #buyabusiness #mergersandacquisitions #businessbrokers

Ashtead weighs switch to US listing in latest blow to London market. Russ Mould. Ashtead, one of the London Stock Exchange’s largest companies, is reportedly considering switching its listing from London to New York. Check out Linus Uhlig's latest article 👇 https://incm.pub/4cdPSw1 #investing #assetmanagement #wealthmanagement #finance

Keystone Positive Change trust seeks shareholder consultation as it eyes merger with Baillie Gifford fund. James Budden. Keystone Positive Change investment trust is considering merging into the £1.8bn Baillie Gifford Positive Change fund as it aims to address “a challenging period of performance”. Check out Linus Uhlig's latest article 👇 https://incm.pub/3XFaEAw #investing #assetmanagement #wealthmanagement #finance

With a thoughtful comment from Ken Bohenek, CMAP, BCI from Murphy Business Sales “If the business has a good return on the investment and ability to service debt, it’s likely a good time to buy, regardless of rates," said Ken Bohenek, business intermediary at Murphy Business Sales in Northern Idaho. “Then, as rates soften, you’ll likely be in a much better cash flow position than those who bought when money was cheap and rates quickly escalated.” https://lnkd.in/eJXmdaBT #murphybusiness #interestrates #businessbrokerage #mergersandacquisitions #dealflow

In 2023, Clearwater International secured 12th position among European financial advisers, completing an impressive 123 deals. This placement highlights strength in deal-craft and dedication to client objectives. Also, our 9th position in European PE Buyouts shows our strong foothold and success in this competitive market. #PrivateEquity #EuropeanPE