Christian Dorffer’s Post

Don't miss Achin’s panel on "Transitioning From an Emerging to an Established Fund Manager" on June 20, 2024, at 10:30am at the 24th Annual U.S. Real Estate Opportunity & Private Fund Investing Forum in Newport, Rhode Island. The panel will include discussions with industry leaders on top concerns and pain points of launching and managing funds, capital raising strategies and reporting requirements, considerations & changes to existing compliance structures, increased investor transparency, and more! #RealEstate #Funds #IMNNewport

Did you know we’re launching a new fund? Important information: investing for longer increases the likelihood of positive returns. Over a period of five years or more, investments usually give you a higher return compared to cash savings. But investments can go down as well as up in value, so you could get back less than you put in.

You may remember the pre-2021 years when Cathie Wood’s ARK Innovation fund was riding high as one of the strongest performers in the global fund management sector. Unfortunately, all the investors who bought into Cathie Wood’s star manager appeal prior to her fund’s early 2021 peak have had to weather significant losses since then. This cautionary tale is not uncommon and raises the question: should you invest with a manager enjoying a purple patch? Read our latest article at https://lnkd.in/ghCqJB-6 #investmentmarkets #investmentopportunities #investments #investing #managedfunds #independentinvestors #australianinvestments #investmentsaustralia #investmentoptionsinaustralia

You may remember the pre-2021 years when Cathie Wood’s ARK Innovation fund was riding high as one of the strongest performers in the global fund management sector. Unfortunately, all the investors who bought into Cathie Wood’s star manager appeal prior to her fund’s early 2021 peak have had to weather significant losses since then. This cautionary tale is not uncommon and raises the question: should you invest with a manager enjoying a purple patch? Read our latest article at https://lnkd.in/gtnEsV7r #investmentmarkets #investmentopportunities #investments #investing #managedfunds #independentinvestors #australianinvestments #investmentsaustralia #investmentoptionsinaustralia

You don't want to miss the top 5 most popular private equity stories this week 👇 1. Patient Square said to eye over $6bn for Fund II, just a year after hefty $3.9bn debut fund close 2. Bregal Unternehmerkapital seals hefty fund size jump with €2.65bn hard cap close 3. Harnessing the new era of private credit secondaries 4. Bigger funds increasingly dominating private markets, fund counts suffer serious drop 5. Energy Capital Partners pulls in $6.7bn for sustainable power infrastructure deals #PrivateEquity 

Preqin's latest Strategy in Focus report uncovers the growing market of GP stakes investing, where institutions acquire minority shares in private equity and asset managers. Major players like Blue Owl Capital and Blackstone are dominating the space, managing over $58bn combined. According to Victoria Chernykh, GP stakes funds offer investors lower risk exposure and steady cash flows, with Blue Owl’s GP Stakes V closing at an impressive $12.9bn. https://lnkd.in/gedvFgU4 #GPStakes #GPStake #GPSeeding

Really enjoyed today’s panel discussion on Collateralized Fund Obligations - securitization of Private Equity portfolios. Exciting to explore new applications providing liquidity for current PE investors and improving access to the asset class especially for the insurance community. #PrivateEquity #FundFinance #PortfolioFinance #Secondaries

Challenge: It’s the so-called “golden age” of private credit (fundraising) in the US/Europe…but (with investing) selectivity in credit selection is more critical today than ever before with (1) over-levered corporate balance sheets (almost 60% deals north of 5x, lots of maturities coming the next 2 years), (2) over-levered banks (commercial real estate eating up reg capital/ratios) and (3) over-levered US government with national debt >$34Tn & crossing 100% Debt-to-GDP… Considerations: (A) being high selectivity when building concentration (no one says they aren’t !!) and (B) diversification with a priority for cash flow (1) via geographic diversification like in Latin America, giving higher yield/spread in USD at 1.5-2x lower leverage with larger (generally more resilient) corporates (Juan Luis Rivera) (2) diversification via pooling of cash flows e.g. securitization for greater overall resiliency…including CFOs & structured solutions… Great to be discussing it all with intelligent, thoughtful GPs & LPs and market players from PIMCO to AlpInvest to Evercore to Thrivent and also seeing old friends! Chris Freeze, Freddie H. Lou, Andie Goh, Pramit Sheth !!

📣 We're thrilled to announce the launch of our new Palos Small-Cap Global Equity Fund, managed by Charles Timmons, MBA, CFA & Charles Marleau, CIM. Managers: Charles Timmons, MBA, CFA & Charles Marleau, CIM Fundserv Codes: PAL250(A), PAL251(F), PAL 252(I) 🌍💼 Charles Timmons has over 20 years experience in the industry. For 14 of those years, he worked directly on a $1bn+ small-cap portfolio where he exercised broad decision-making powers on a substantial part of the portfolio. Our new fund is designed to capture the potential growth opportunities offered by small-cap companies in developed economies across the globe, providing investors with access to diverse markets and promising enterprises. Our Small Cap Global Equity Fund Strategy: 🔹 Own high quality growth companies over the long term. 🔹 Seek entrepreneurial – focused companies run by outstanding managements with ‘skin in the game’. 🔹 Conduct rigorous research to develop superior knowledge of the positions in the portfolio. #TheArtofInvestng #GlobalEquity #SmallCap #GrowthOpportunities