Richmond Inno’s Post

The #gpstakes activity in private markets continues to be active and intriguing, and this one is particularly of interest and in my favorite market for private equity. Chicago-based Linden Capital Partners are one of the best private equity fund managers in the business focused on the healthcare industry, having raised over $7 billion in capital in the 20 years since inception, and delivering exceptional realized returns consistently at the 2.5x - 3.5x MOIC, with highly supportive limited partners especially given the strong track record and consistency. If carried interest is a driver of value in GP stakes investments, Linden Capital Partners will no doubt be one of the best and proven at delivering. Partnering with Blue Owl Capital could be highly synergistic, especially as Linden Capital Partners have recently launched their Sixth flagship private equity fund targeting $4 billion+ in commitment. With Blue Owl Capital building their presence in the Middle East, and Middle East limited partners seeking and prioritizing middle market healthcare private equity, this could be quite the capital markets match! Looking forward to tracking this one further and spending more time with the Linden Capital Partners and Blue Owl Capital teams! #alternativeinvestments #privatemarkets #chicago #fundmanagers #limitedpartners #capitalmarkets #fundraising #fundmanagers #privateequity #healthcare #synergies #middlemarket #midwest

Multiple fund managers that I know and have also gone through our Sutton Capital Fund Accelerator have either taken or explored GP stakes. So I wrote this piece to give you the run down on the pros and cons https://lnkd.in/eJqNsfuD

Seward & Kissel LLP's annual study reveals rising trends in seed transactions for private equity and private credit funds. The study highlights increased alignment between seeders, fund managers, and third-party investors. https://lnkd.in/ey7PnByu #GPStakes #GPStake #GPSeeding

"San Francisco-based Belveron Partners Partners, a privately held real estate investment management firm focused on affordable housing, has closed its seventh fund, Flagship Fund VII, with $354 million in capital commitments. Fund VII exceeded its target size of $350 million and is the largest fund raised by Belveron to date. It has already committed approximately $120 million of equity in nine investments across high-growth areas of California and Texas." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

Great insights from Eben Novy-Williams on the upcoming private equity era in college sports, particularly NCAA football. With its substantial commercial impact in the U.S., NCAA football ranks as the second-largest commercial sport after the NFL. Eben discusses how the most valuable athletic departments in NCAA football showcase key business attributes that are attracting private equity investors. These include contractually obligated revenue, scarcity value, and revenue streams that are independent of other popular assets. Exciting developments ahead in the sports industry! In a recent white paper, my colleague Charles Howze Jr. and I provide details on the key trends that are accelerating and driving investor momentum in the space. Contact us for a copy of the white paper and to discuss the relevant insurance issues as HUB International dominates this corner of the sports world! #TeamHUB #sports #privateequity #MnA

https://lnkd.in/dbhwVAqn | RAIVEN CAPITAL has chosen the Maples Group as the fund administrator for its new VC fund. See what Fred Tabbal of the Maples Group and Raiven Capital CEO Supreet Singh Manchanda have to say in our press release. #VentureCapital #DIFC #FundAdministration #AlternativeAssetManagement #AssetManagement

BlackRock, Citadel, and Man Group, along with Silicon Valley venture capital specialists, emerge as top beneficiaries of Australia's sovereign wealth fund's alternative investments. The Future Fund discloses its largest mandates, with London-based Man Group managing A$7.9 billion in hedge fund assets, followed by San Francisco-headquartered Horsley Bridge Partners LLC overseeing A$4.6 billion for private equity. With a 10.1% return in the year through March, the Future Fund emphasizes its "joined-up whole-portfolio" approach, focusing on thematic investments regardless of asset class. Finance Minister Katy Gallagher underscores the government's commitment to transparency and accountability through these disclosures. #Growth #AlternativeInvestment #SovereignWealthFund #Australia #PrivateEquity I Bloomberg News I Richard Henderson I Amy Bainbridge

Cendana Capital and Kline Hill Partners have closed a new VC secondaries fund.   The fund was substantially oversubscribed at $105 million and will focus on acquiring LP interests of very early-stage VC funds. Chris Bull, CFA | Michael Kim #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Venture #VentureCapital #VC https://lnkd.in/eEN2inB3

Are you a first-time fund manager? Or new to the industry and eager to learn more about the ins and outs of fund structuring? A while ago I posted about a fund structuring masterclass which I presented to emerging fund managers, focused on the African investment market. Since then, we’ve received quite a few enquiries about our fund structuring and investment masterclasses and so are planning to run a few more early next year. If you are interested in attending this next series of masterclasses, please get in touch so that we can put you on our invitation list. #masterclasses #vcinvestment #vcfunds #privateequity #africanvc #fundstructuring

GP Stakes and ownership transfers are shaping the future of investment firms. Stable announces the first close of their Stable Seed Fund III, partnering with Annapurna Capital Management. Discover more about this strategic move: https://lnkd.in/epgs8hMD #GPStakes #GPStake