Private equity in the 2000s

ACE & Company's Buyout Strategy Maintains Brisk Investment Pace, Completing Five New Investments in 2023

Retrieved on: 
Tuesday, September 5, 2023
Private equity, Politics, Private equity in the 2000s, Citi Private Bank, Investment, ACE, Free Enterprise Fund v. Public Company Accounting Oversight Board, EFront Alternative Investment Solutions, Fund, Forum, Rail transport, Financial services

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.

Key Points: 
  • In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.
  • ACE Buyout IV (Fund IV), launched in 2020, closed its twenty-ninth and final investment in Q2 of this year, completing its investment deployment on schedule.
  • ACE Buyout V (Fund V) held its first closing in Q2 2023 and immediately began deploying capital.
  • ACE Buyout leverages its team's deep sponsor network and sector expertise while harnessing intellectual capital across ACE's various global businesses.

ACE & Company's Buyout Strategy Maintains Brisk Investment Pace, Completing Five New Investments in 2023

Retrieved on: 
Tuesday, September 5, 2023
Private equity, Politics, Private equity in the 2000s, Citi Private Bank, Investment, ACE, Free Enterprise Fund v. Public Company Accounting Oversight Board, EFront Alternative Investment Solutions, Fund, Forum, Rail transport, Financial services

In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.

Key Points: 
  • In the first half of 2023, ACE Buyout completed five new investments from its two most recent funds.
  • ACE Buyout IV (Fund IV), launched in 2020, closed its twenty-ninth and final investment in Q2 of this year, completing its investment deployment on schedule.
  • ACE Buyout V (Fund V) held its first closing in Q2 2023 and immediately began deploying capital.
  • ACE Buyout leverages its team's deep sponsor network and sector expertise while harnessing intellectual capital across ACE's various global businesses.

H.I.G. Capital Acquires Hotel in Basel, Switzerland

Retrieved on: 
Wednesday, August 4, 2021
Commercial Building & Real Estate, Construction & Property, Finance, Professional Services, Lodging, Other Construction & Property, Vacation, Travel, Residential Building & Real Estate, Finance, Money, Investment, Corporate finance, Private equity, Apollo Global Management, Private equity in the 2000s

"), a leading global alternative investment firm with $45 billion of equity capital under management, announced today that an affiliate has acquired a 238-room hotel property previously housing the Swisstel Basel.

Key Points: 
  • "), a leading global alternative investment firm with $45 billion of equity capital under management, announced today that an affiliate has acquired a 238-room hotel property previously housing the Swisstel Basel.
  • Europe Realty in London, commented: This is our first transaction in Switzerland and it demonstrates our ability to source high-quality value-add opportunities in core European markets.
  • Europe Realty, added: This investment is yet another example of our commitment to the European Hotel & Leisure market.
  • is a leading global private equity and alternative assets investment firm with $45 billion of equity capital under management.

Asia Capital Real Estate (ACRE) Announces Close of $325 Million Credit Fund ‘ACRE Credit I’

Retrieved on: 
Thursday, July 29, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Finance, Money, Investment, Equity securities, Private equity, Corporate finance, Neuberger Berman, Private equity real estate, Private equity in the 2000s

Asia Capital Real Estate (ACRE), a global real estate private equity firm that manages capital for institutional and family office investors, today announced the close of its fourth fund, ACRE Credit I.

Key Points: 
  • Asia Capital Real Estate (ACRE), a global real estate private equity firm that manages capital for institutional and family office investors, today announced the close of its fourth fund, ACRE Credit I.
    ACRE launched the fundraising process in Q1 2020 and ultimately raised over $325 million of commitments, well in excess of its $300 million target.
  • ACRE Credit I provides first mortgage bridge loans, mezzanine loans and preferred equity to best-in-class multifamily owner-operators secured by institutional grade real estate across the U.S.
  • Almanac Realty Investors, the private real estate investment arm of Neuberger Berman, made a $320 million capital commitment to various funds managed by ACRE at the beginning of the year.
  • Founded in 2011, Asia Capital Real Estate (ACRE) is a global real estate private equity firm managing capital for institutional and family office investors through a series of private equity and debt funds and currently has more than $1.8 billion in assets under management.

Auxadi: US private equity firms pivot investment focus towards Latin America

Retrieved on: 
Monday, July 12, 2021
Finance, Money, Financial markets, Equity securities, Investment, Corporate finance, Private equity, Equity, Private equity in the 2000s

The new study, 'Recovery to Rediscovery: Capitalizing on a Changed Private Equity Landscape', was commissioned by Auxadi, a leading provider of accounting, tax and payroll services to private equity, real estate and multinationals, and was based on interviews with 100 senior-level private equity investors based in North America, the UK, and Continental Europe with average assets under management of 14.4 billion.

Key Points: 
  • The new study, 'Recovery to Rediscovery: Capitalizing on a Changed Private Equity Landscape', was commissioned by Auxadi, a leading provider of accounting, tax and payroll services to private equity, real estate and multinationals, and was based on interviews with 100 senior-level private equity investors based in North America, the UK, and Continental Europe with average assets under management of 14.4 billion.
  • Growing interest in Latin America among private equity investors reflects a widely held view that cross-border deal flow will continue to grow in popularity.
  • The research reveals the main challenges faced by private equity investors looking to deploy capital in Latin America.
  • To view a copy of Auxadi's 'Recovery to Rediscovery: Capitalizing on a Changed Private Equity Landscape' report, please visit: www.auxadi.com/en/private-equity-report
    1Research conducted by Pure Profile among a panel of 100 senior-level private equity investors in April 2021.

General Atlantic Announces Successful Closing of More Than $3 Billion Continuation Fund to Support Continued Growth of Four Portfolio Companies

Retrieved on: 
Thursday, July 1, 2021
Professional services, Finance, Finance, Money, Investment, Private equity, Corporate finance, Equity securities, Financial markets, Venture capital, Private equity in the 2000s

Through the Fund, General Atlantic is broadly retaining its existing stakes in four of its portfolio companies, supporting the continued growth of these businesses while providing optionality to existing investors.

Key Points: 
  • Through the Fund, General Atlantic is broadly retaining its existing stakes in four of its portfolio companies, supporting the continued growth of these businesses while providing optionality to existing investors.
  • The Fund closed on more than $3 billion of new capital commitments, which funded the purchase of four portfolio companies from existing investors.
  • Up to $1 billion of the new commitments will be available as follow-on capital to support the continued growth of these companies.
  • General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies with more than $53 billion in assets under management.

Entera Announces $32M Series A Fundraise Led by Goldman Sachs Asset Management

Retrieved on: 
Wednesday, June 30, 2021
Data management, Technology, Residential Building & Real Estate, Other Technology, Construction & Property, REIT, Finance, Money, Economy, Goldman Sachs, Subprime mortgage crisis, Alternative investment management companies, Private equity, Private-equity firm, Private equity in the 2000s, Entera, Goldman Sachs Asset Management Growth Equity, ENTERA, GOLDMAN SACHS ASSET MANAGEMENT GROWTH EQUITY

Entera, the leading platform for single-family real estate investors, announced today that it raised $32 million in Series A funding led by Goldman Sachs Asset Management with participation from existing investors including Bullpen Capital, Craft Ventures and Valuestream Ventures.

Key Points: 
  • Entera, the leading platform for single-family real estate investors, announced today that it raised $32 million in Series A funding led by Goldman Sachs Asset Management with participation from existing investors including Bullpen Capital, Craft Ventures and Valuestream Ventures.
  • Single family residential is one of the last frontiers for institutionalization, said Paul Pate, a Vice President in the Growth Equity business within Goldman Sachs Asset Management.
  • Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.
  • Since 2003 the Growth Equity business within Goldman Sachs Asset Management comprising more than 75 individuals has invested over $13 billion in companies led by visionary founders and CEOs.

Audax Private Equity Acquires S.J. Electro Systems

Retrieved on: 
Monday, June 28, 2021
Energy, Professional services, Utilities, Finance, Finance, Money, Equity securities, Financial markets, Investment, Private equity, Private-equity fund, Equity, Private equity in the 2000s, Thomas H. Lee Partners, SJE, Audax Private Equity, SJE, AUDAX PRIVATE EQUITY

Since its founding in 1999, the firm has raised over $27 billion in capital across its Private Equity and Private Debt businesses.

Key Points: 
  • Since its founding in 1999, the firm has raised over $27 billion in capital across its Private Equity and Private Debt businesses.
  • Audax Private Equity has invested over $7 billion in more than 140 platforms and over 975 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.
  • Through its disciplined Buy & Build approach, Audax Private Equity seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value.
  • For more information, visit the Audax Private Equity website: http://www.audaxprivateequity.com or follow us on LinkedIn.

SKW Funding and Bain Capital Credit Announce Second Strategic Joint Venture Targeting $1.3 Billion in Real Estate Debt

Retrieved on: 
Tuesday, June 15, 2021
Finance, Banking, Other Construction & Property, Professional services, Construction & Property, Finance, Money, Economy, Corporate finance, Equity securities, Bain & Company, Mitt Romney, Private equity, Bain Capital, Venture capital, Private equity in the 2000s, H.I.G. Capital

SKW Funding (SKW), a private lending and distressed debt platform, and Bain Capital Credit, LP (Bain Capital) today announced the formation of the second joint venture between the two firms that will target special situation loan originations as well as sub- and non-performing note acquisitions.

Key Points: 
  • SKW Funding (SKW), a private lending and distressed debt platform, and Bain Capital Credit, LP (Bain Capital) today announced the formation of the second joint venture between the two firms that will target special situation loan originations as well as sub- and non-performing note acquisitions.
  • SKW Funding and Bain Capital Credit will also target special situation loan originations including mezzanine and preferred equity investments.
  • Bain Capital Credit ( www.baincapitalcredit.com ) is a leading global credit specialist with approximately $48 billion in assets under management.
  • In addition to credit, Bain Capital invests across asset classes including private equity, public equity, venture capital and real estate, and leverages the firms shared platform to capture opportunities in strategic areas of focus.

2021 Private Equity Compensation Report Shows Continued Upward Trend in Compensation Despite COVID-19 Pandemic

Retrieved on: 
Tuesday, April 27, 2021
Finance, Money, Economy, Corporate finance, Equity securities, Private equity, Entrepreneurship, Venture capital, Private equity in the 2000s, Private-equity firm

b'ANN ARBOR, Mich., April 27, 2021 /PRNewswire/ --The 2021 Private Equity and Venture Capital Compensation Report shows that private equity and venture capital compensation is up again this year, marking the seventh straight year of compensation gains.

Key Points: 
  • b'ANN ARBOR, Mich., April 27, 2021 /PRNewswire/ --The 2021 Private Equity and Venture Capital Compensation Report shows that private equity and venture capital compensation is up again this year, marking the seventh straight year of compensation gains.
  • This represents the highest percentage of private equity and venture capital professionals reporting earnings more than $150,000 in annual compensation in the history of this report.\n"Overall, compensation is up, but more than half of those surveyed are dissatisfied with their pay," said David Kochanek, Publisher of PrivateEquityCompensation.com.
  • The highest percentage of firms use a combination of factors but the largest bonus payouts are achieved in the largest firms based on firm performance.\nFor private equity job seekers, the 2021 Private Equity and Venture Capital Compensation Report provides additional detail such as positions in demand, percentage of firms hiring, where firms are cutting back and where career opportunities are increasing.\nThe 2021 Private Equity and Venture Capital Compensation Report is based on data collected directly from hundreds of private equity and venture capital partners, principals and employees.\nThe report, in its fourteenth year of publication, is widely regarded to be among the most comprehensive benchmarks for private equity and venture capital compensation.
  • Annually, the firm collects compensation data directly from hundreds of private equity and venture capital partners and employees in firms both large and small.\n'