Preqin

The Jordan Company Recognized by the 2022 HEC-DowJones Private Equity Ranking as Top-10 Worldwide Large Buyout Performer

Retrieved on: 
Thursday, February 9, 2023

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- TJC, L.P. ("TJC" or "the Firm"), a middle-market private equity firm with four decades of experience enabling companies and their management teams to accelerate strategic growth initiatives, is pleased to announce that the Firm has been ranked #10 out of over 563 private equity firms globally in the 2022 HEC-DowJones Large Buyout Performance Ranking. For the first time, the ranking also included a separate category of Large Buyout Performers across funds with a focus on North America, where TJC ranked #6.

Key Points: 
  • The 2022 HEC-DowJones Private Equity Performance Ranking (the "HEC-DowJones Ranking"), published on February 8, 2023, ranks private equity funds in terms of aggregate performance based on buyout funds raised between 2009 and 2018.
  • The HEC-DowJones Ranking draws on private equity fund performance data provided by Preqin and data reported directly to HEC-DowJones.
  • The HEC-DowJones Ranking analyzed performance data from 563 private equity firms and the 2021 funds they raised between 2009 and 2018 with an aggregate equity volume of $1.51 trillion.
  • TJC has not independently verified the data used in the HEC-DowJones Ranking and makes no representations about the accuracy or completeness of such information or the HEC-DowJones Ranking.

Insider information: Merus Power receives a 20-million-euro order to supply a large battery energy storage system to Taaleri Energia

Retrieved on: 
Wednesday, February 8, 2023

The battery energy storage is to be built in Lempäälä, Finland to support the operation of the electric grid.

Key Points: 
  • The battery energy storage is to be built in Lempäälä, Finland to support the operation of the electric grid.
  • This investment is about 20 million Euros and includes the possibility of increasing the size of the energy storage system in the future.
  • The energy storage will capacity-wise be Finland's largest energy storage operating in the frequency reserve market.
  • Taaleri Energia manages 4.9 GW of development, construction, and operational phase wind, solar, and energy storage portfolios in Europe, the USA, and the Middle East.

Preqin Publishes New Territory Guide: Real Estate in Saudi Arabia 2023

Retrieved on: 
Monday, February 13, 2023

LONDON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Preqin , the global leader in alternative assets data, tools, and insights, published its Real Estate in Saudi Arabia 2023: Preqin Territory Guide .

Key Points: 
  • LONDON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Preqin , the global leader in alternative assets data, tools, and insights, published its Real Estate in Saudi Arabia 2023: Preqin Territory Guide .
  • Offering enhanced insights into the region, Preqin is now tracking 35 real estate fund managers in Saudi Arabia.
  • David Lowery, SVP, Head of Research Insights, says, “We see strong fundamentals for real estate in Saudi Arabia.
  • The charts and tables in the report are for this segment of the real estate market in Saudi Arabia only

HEC Paris-DowJones 2022 Large Buyout Performance Rankings show a stronger presence of European firms in the global top 20

Retrieved on: 
Wednesday, February 8, 2023

HEC Paris Business School and DowJones have released the results of this year’s Large Buyout Performance Rankings, which show the top 20 private equity firms based on all buyout funds raised between 2009 and 2018.

Key Points: 
  • HEC Paris Business School and DowJones have released the results of this year’s Large Buyout Performance Rankings, which show the top 20 private equity firms based on all buyout funds raised between 2009 and 2018.
  • The top three companies in the Top 20 global firms are TA Associates, followed by Veritas Capital and Francisco Partners.
  • Other firms making the Global Top 20 include Vitruvian Partners and Permira, both based in London, and Astorg, based in France.
  • The study gathered performance data, as of December 2022, from Preqin or from data directly provided to HEC Paris for the purpose of the rankings.

Preqin Appoints Chief Commercial Officer to Boost Development of Market-Leading Solutions

Retrieved on: 
Wednesday, January 18, 2023

LONDON, Jan. 18, 2023 /PRNewswire/ -- Preqin, the global leader empowering the alternatives community with essential data and insights, has appointed Nosheen Amir-Ebrahimi as the firm's first Chief Commercial Officer. Nosheen will oversee and drive Preqin's commercial strategy, with a clear focus on designing best-in-class services and products to help the firm's clients succeed in the ever-evolving alternative assets industry.

Key Points: 
  • LONDON, Jan. 18, 2023 /PRNewswire/ -- Preqin , the global leader empowering the alternatives community with essential data and insights, has appointed Nosheen Amir-Ebrahimi as the firm's first Chief Commercial Officer.
  • Commenting on the appointment, Christoph Knaack, CEO of Preqin, says: "We are incredibly excited to have Nosheen on board.
  • Her experience will be instrumental in continuing to focus on the evolving needs of our clients and developing cutting-edge solutions for them.
  • Over the last year, we have launched and developed unique products, including ESG Solutions, Company Intelligence and our market-leading asset-level benchmarks.

Preqin Appoints Chief Commercial Officer to Boost Development of Market-Leading Solutions

Retrieved on: 
Wednesday, January 18, 2023

LONDON, Jan. 18, 2023 /PRNewswire/ -- Preqin, the global leader empowering the alternatives community with essential data and insights, has appointed Nosheen Amir-Ebrahimi as the firm's first Chief Commercial Officer. Nosheen will oversee and drive Preqin's commercial strategy, with a clear focus on designing best-in-class services and products to help the firm's clients succeed in the ever-evolving alternative assets industry.

Key Points: 
  • LONDON, Jan. 18, 2023 /PRNewswire/ -- Preqin , the global leader empowering the alternatives community with essential data and insights, has appointed Nosheen Amir-Ebrahimi as the firm's first Chief Commercial Officer.
  • Commenting on the appointment, Christoph Knaack, CEO of Preqin, says: "We are incredibly excited to have Nosheen on board.
  • Her experience will be instrumental in continuing to focus on the evolving needs of our clients and developing cutting-edge solutions for them.
  • Over the last year, we have launched and developed unique products, including ESG Solutions, Company Intelligence and our market-leading asset-level benchmarks.

Templum Named Best Alternative Asset Marketplace Technology Provider

Retrieved on: 
Friday, December 23, 2022

NEW YORK, Dec. 23, 2022 /PRNewswire/ -- Templum, Inc. ("Templum"), a provider of next-generation cloud-based capital market infrastructure for alternative assets and private securities, announced today that AI-Media's New World Report had recognized Templum as the Best Alternative Asset Marketplace Technology Provider.

Key Points: 
  • NEW YORK, Dec. 23, 2022 /PRNewswire/ -- Templum, Inc. ("Templum"), a provider of next-generation cloud-based capital market infrastructure for alternative assets and private securities, announced today that AI-Media's New World Report had recognized Templum as the Best Alternative Asset Marketplace Technology Provider.
  • Templum recognized as the Best Alternative Asset Marketplace Technology Provider.
  • Globally, alternative asset classes are being embraced by large institutions, intermediaries, and individual investors.
  • These outdated manual processes have historically stymied the full potential of the market," stated Christopher Pallotta, Founder, and CEO of Templum.

Origin Investments Predicts Recession by October, Negative 1%-5% Rent Growth, and Growing Distress;

Retrieved on: 
Wednesday, December 14, 2022

Origin Investments , a leading multifamily real estate fund manager, predicts 2023 will include a moderate economic recession by October, negative annual rent growth of 1% to 5%, and increasing levels of real estate investor/manager distress.

Key Points: 
  • Origin Investments , a leading multifamily real estate fund manager, predicts 2023 will include a moderate economic recession by October, negative annual rent growth of 1% to 5%, and increasing levels of real estate investor/manager distress.
  • (Photo: Business Wire)
    Last year, Origin predicted that in 2022 inflations far-reaching impact would influence all other factors associated with multifamily investments.
  • Origin is predicting with 100% certainty a recession by October 2023, based on the modeling completed by Multilytics.
  • Rental rate growth will range from negative 1% to negative 5% in 2023, depending on the market, according to Multilytics analysis.

VSS Capital Partners Closes VSS SC Fund IV At Hard Cap of $530 Million

Retrieved on: 
Wednesday, December 14, 2022

VSS Capital Partners (VSS), a private investment firm that targets the healthcare, education, and business services industries, today announced the successful final close of VSS Structured Capital Fund IV (VSS SC IV) at $530 million, exceeding its target of $400 million.

Key Points: 
  • VSS Capital Partners (VSS), a private investment firm that targets the healthcare, education, and business services industries, today announced the successful final close of VSS Structured Capital Fund IV (VSS SC IV) at $530 million, exceeding its target of $400 million.
  • Coupled with our differentiated sector focus, decades of experience and strong industry relationships, we are confident about the opportunities that lay ahead to deploy capital for this fund.
  • We are pleased to have closed VSS SC IV at the hard cap, with the opportunity to build on VSSs legacy of top-quartile1 Structured Capital funds, said Lacey Mehran, Managing Director and Head of Investor Relations at VSS.
  • Performance comparisons take into account the percentage of capital distributed to limited partners, the return on called capital multiple, and net IRR.

Preqin Introduces Asset-Level Benchmarks to the Alternatives Market

Retrieved on: 
Thursday, December 8, 2022

LONDON, Dec. 8, 2022 /PRNewswire/ -- Preqin, the global leader empowering the alternatives community with essential data and insights, announced the launch of its new anonymized and aggregated Asset-Level Benchmarks as part of the latest update to its market-leading benchmark offering. Preqin benchmarks allow alternative assets professionals to now compare their investments, as well as those of other market players, through an all-in-one solution from the asset-level to private capital and hedge fund benchmarks, across funds, companies, fund managers, and investors.

Key Points: 
  • Preqin benchmarks allow alternative assets professionals to now compare their investments, as well as those of other market players, through an all-in-one solution from the asset-level to private capital and hedge fund benchmarks, across funds, companies, fund managers, and investors.
  • Accessing precise and representative datasets in the alternative market has been challenging due to the opaque nature of the market.
  • With Preqin's new anonymized and aggregated Asset-Level Benchmarks, we are reinforcing our position as the leader of private capital benchmarks.
  • Preqin, the Home of Alternatives, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions.