Preqin

The Sterling Group Ranked Number 12 in 2023 HEC-Dow Jones Middle Market Buyout Private Equity Performance Ranking

Retrieved on: 
Monday, April 8, 2024
Sterling, HEC, HEC Paris, Preqin

HOUSTON, April 8, 2024 /PRNewswire/ -- The Sterling Group ("Sterling"), a Houston-based, operationally focused middle market private equity firm, is pleased to announce that the Firm has been ranked #12 out of over 632 middle market private equity firms globally in the 2023 HEC-Dow Jones Middle Market Buyout Performance ranking.

Key Points: 
  • HOUSTON, April 8, 2024 /PRNewswire/ -- The Sterling Group ("Sterling"), a Houston-based, operationally focused middle market private equity firm, is pleased to announce that the Firm has been ranked #12 out of over 632 middle market private equity firms globally in the 2023 HEC-Dow Jones Middle Market Buyout Performance ranking.
  • "Sterling is honored to be ranked among the top performing private equity firms worldwide," said Brian Henry, Partner at The Sterling Group.
  • The 2023 HEC Paris - Dow Jones Middle Market Buyout Performance Ranking seeks to answer the question: "Which firm(s) in the Middle Market Buyout segment generated the best performance for their investors over the past years?"
  • The HEC-Dow Jones Ranking draws on private equity fund performance data provided by Preqin and data reported directly to HEC-Dow Jones.

Olympus Partners Recognized as an HEC-DowJones 2023 Top 20 Large Buyout Performer

Retrieved on: 
Tuesday, February 13, 2024
Olympus Partners, Preqin, HEC Paris, HEC, Research, Partner, Financial services

STAMFORD, Conn., Feb. 13, 2024 /PRNewswire/ -- Olympus Partners has been recognized as a Top 20 performer in the world by the 2023 HEC Paris-DowJones Large Buyout Performance Ranking Report.

Key Points: 
  • STAMFORD, Conn., Feb. 13, 2024 /PRNewswire/ -- Olympus Partners has been recognized as a Top 20 performer in the world by the 2023 HEC Paris-DowJones Large Buyout Performance Ranking Report.
  • The report names the world's top large private equity firms in terms of aggregate performance based on all funds raised between 2010 and 2019.
  • "Olympus is committed to providing equity capital for middle market buyouts and for companies needing capital for expansion, and we are honored to be recognized by HEC Paris and DowJones as one of the best performing large buyout firms," said Robert Morris, Chairman and CEO at Olympus Partners.
  • This ranking answers the question: "Which large buyout firm(s) generated the best performance for their investors over the past years?"

Private capital AUM in Mexico sees decade of steady growth – Preqin reports

Retrieved on: 
Wednesday, November 29, 2023
Economic development, IMF, KKR, GDP, BlackRock, AUM, PwC, Clip, VCS, Capital, Preqin, Growth, Mexican Stock Exchange, Cryptocurrency

LONDON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today Preqin , the global leader in alternative assets data, tools, and insights, published its Preqin Territory Guide: Private Capital in Mexico 2023 report.

Key Points: 
  • LONDON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today Preqin , the global leader in alternative assets data, tools, and insights, published its Preqin Territory Guide: Private Capital in Mexico 2023 report.
  • It reveals almost consistent year-on-year growth of assets under management (AUM) and dry powder in private capital asset classes* over the last 11 years, from the end of December 2011 to December end 2022.
  • In Mexico, venture capital (VC) AUM (the combination of unrealised value and dry powder as managed for investors) fell in 2022 as a whole.
  • Private equity AUM in Mexico reached $6bn by the end of 2022, compared to $4.2bn by the end of 2021.

Vistara Growth Announces US$150M Initial Closing for Latest Technology Focused Private Credit Fund

Retrieved on: 
Wednesday, December 13, 2023
Software, Banking, Networks, Internet, Professional Services, Hardware, Data Management, Technology, Security, Finance, Consulting, Telecommunications, Private credit, Partner (business rank), Projection, Silicon Valley Bank, Investment, Sanskrit, Silicon, Growth, News, Environment, Preqin, IRR, Renewable energy, Security (finance)

Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.

Key Points: 
  • Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.
  • The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.
  • Since inception in 2015, Vistara has raised over US$500 million, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia.
  • The growth in demand for Private Credit has also been fuelled by the higher interest rate environment and ongoing challenges for regulated bank lenders.

STARPAX BIOPHARMA ANNOUNCES THE APPOINTMENT OF ANDRÉANNE CYR AS VICE PRESIDENT FINANCE & ADMINISTRATION

Retrieved on: 
Tuesday, December 12, 2023
International Financial Reporting Standards, CFO, Public, Certified Public Accountant, Insurance, Financial Industry Regulatory Authority, USD, Senior advisor, Sulzer, Human, Security, CPA, Grant Thornton International, Regulation, Preqin, Financial adviser, Management, Finance

MONTREAL, Dec. 12, 2023 /PRNewswire/ - Starpax Biopharma Inc., a biopharmaceutical company developing a groundbreaking cancer treatment platform technology ("Starpax"), is pleased to announce the promotion of Mrs. Andréanne Cyr to Vice President Finance.

Key Points: 
  • MONTREAL, Dec. 12, 2023 /PRNewswire/ - Starpax Biopharma Inc., a biopharmaceutical company developing a groundbreaking cancer treatment platform technology ("Starpax"), is pleased to announce the promotion of Mrs. Andréanne Cyr to Vice President Finance.
  • Andréanne Cyr is a Certified Public Accountant (CPA) with over 10 years of professional experience in finance, holding positions as auditor and director of finance in various industries.
  • In a parallel development, Starpax announces the appointment of Mr. Fred Heinzelmann as Senior Advisor - Finance.
  • Michael Gareau, founding president of Starpax Biopharma, stated " These strategic nominations were planned with our current CFO, Jean François Pruneau, who during his two-year mandate completed the setting up and structuration of Starpax' corporate finance function.

Number of active GPs in Gulf Cooperation Council doubles as domestic opportunities emerge — Preqin reports

Retrieved on: 
Monday, November 6, 2023
Exhilway private capital market, GCC, Silver, United Arab Emirates, Gulf Cooperation Council, Capital, AUM, SWF, Blackstone, CVC Capital Partners, YTD, Cryptocurrency, Security (finance), Preqin

LONDON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Preqin , the global leader in alternative assets data, tools, and insights, published its Private Capital in the Gulf Cooperation Council 2023: Preqin Territory Guide report.

Key Points: 
  • LONDON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Preqin , the global leader in alternative assets data, tools, and insights, published its Private Capital in the Gulf Cooperation Council 2023: Preqin Territory Guide report.
  • The report explores how the alternatives market in the Gulf Cooperation Council (GCC)* is increasingly looking to domestic investment opportunities, beyond oil.
  • Preqin data and insights in the report point to how the GCC is emerging as a potential destination for capital deployment.
  • Furthermore, the 529 active GPs in GCC member countries as of 2023 has nearly doubled from 268 in 2018.

Private Credit Study: Asset and Wealth Managers Flock to Private Credit Market

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Data Management, Data Analytics, Technology, Finance, Asset Management, Fintech, Research, Optimism, KKR, RIAS, Preqin, Market, Risk management, ETF, Investment, Blackstone, Financial services, Bank, Renewable energy, Security (finance)

Today, Percent , the innovative private credit platform that has created the modern credit marketplace, announced the findings of a recent study completed with Coalition Greenwich on trends and data in private credit, demonstrating a seismic shift to private credit market investments.

Key Points: 
  • Today, Percent , the innovative private credit platform that has created the modern credit marketplace, announced the findings of a recent study completed with Coalition Greenwich on trends and data in private credit, demonstrating a seismic shift to private credit market investments.
  • The study, titled “Coalition Greenwich 2023 Private Credit Market Structure Study,” included asset managers, hedge funds and wealth managers (family offices and RIAs) in the U.S., with the majority of respondents managing up to $250 million in assets for their clients.
  • The study supports current estimates from Preqin that the private credit market could more than double to $2.7 trillion by 2026.
  • As larger banks face more stringent capital requirements, this dynamic brings asset managers, wealth managers and family office investors into the market, beyond the traditional large asset managers.

Market conditions strengthen LPs’ position in management fee negotiations — Preqin reports

Retrieved on: 
Wednesday, October 18, 2023
LP, Research, FOI, Consumer, GP, Like a Boss (film), LP record, Fee, VC, Cryptocurrency, Bank, Growth, Colmore, Preqin

Venture capital (VC) management fees are slightly lower year-on-year, declining from 2.02% in 2022 to 1.97% in 2023.

Key Points: 
  • Venture capital (VC) management fees are slightly lower year-on-year, declining from 2.02% in 2022 to 1.97% in 2023.
  • Additionally, Preqin gathered information on over 2,000 funds by filing freedom of information (FOI) requests with public sector investors.
  • According to the Preqin report, for the category of funds raising and 2022/23 vintages, the mean management fee is below 2% in every private asset class.
  • At the other end of the scale, the real estate mean management fee for the same category is 1.54%.

Industry growth softening as global alternatives market AUM to reach $24.5tn by 2028 — Preqin forecasts 

Retrieved on: 
Tuesday, October 17, 2023
Investment, IRR, VC, Private equity, Future, Environment, AUM, SVP, Growth, Research, Private, Natural Resources, Cryptocurrency, Video game, Generic drug, Financial services, Preqin

Headline figures show that global alternatives assets under management (AUM) are expected to reach $24.5tn by the end of 2028, compared to an estimated $16.3tn at the end of 2023.

Key Points: 
  • Headline figures show that global alternatives assets under management (AUM) are expected to reach $24.5tn by the end of 2028, compared to an estimated $16.3tn at the end of 2023.
  • The Preqin report also found that global private capital fundraising3 is set to reach $1.49tn by 2028, from $1.32tn in 2022.
  • Responses to the Preqin Investor Outlook: Alternative Assets, H2 2023 suggest the outlook for private debt remains bright, despite macroeconomic difficulties.
  • Infrastructure: Against the backdrop of a slow infrastructure fundraising market in the first half of 2023, Preqin forecasts global infrastructure AUM will reach $1.7tn by the end of 2028.

North America remains focal point of global alternatives markets – Preqin reports

Retrieved on: 
Tuesday, September 12, 2023
Acceleration, Infrastructure Investment and Jobs Act, Policy, COVID-19, Electricity, Carbon, Wind, Projection, AUM, Investment, Inflation Reduction Act of 2022, NPV, Alternatives, Growth, City, Research, LP, Annual report, VC, Environment, Safety, Farm, Cryptocurrency, Renewable energy, Preqin, AI

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Today, Preqin, the global leader empowering the alternatives community with essential data and insight, published its Alternatives in North America report. The fifth annual report examines the current state of the private capital industry in North America, looking at the US and Canada, and how it has fared in the past year.

Key Points: 
  • Fund managers raised almost half of the $1.53bn total global capital, while deal value dropped 55% since previous year
    LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Today, Preqin , the global leader empowering the alternatives community with essential data and insight, published its Alternatives in North America report.
  • North America is expected to remain the dominant region in alternative assets, both in terms of assets based in the region and fundraising.
  • Looking forward, Preqin analysts project global alternative assets to grow at an annual rate of 11.9% between 2021 and 2027 to $18.3tn.
  • The Preqin report also found that fund managers in North America are showing more restraint in putting LP capital to work.