Emerging managers are still hunting down investment and value-creation skills, all while actively building their own talent pipelines.
While still taking advantage of outsourcing options for operational support, emerging managers are frequently hiring internal talent to manage them all.
Even in a market this competitive, investors are aiming for terms that will not hinder any manager’s ability to deliver returns.
Though the market is hard to crack, there are LPs ready to back emerging managers that demonstrate patience and the rigor to make their case.
There is little to cheer about the current market, but emerging managers believe their strategies will eventually deliver a windfall to LPs.
Inside: ‘An interesting buyers’ market’ – we ask five industry leaders what 2025 will look like; What exactly is going on at Canada’s AIMCo?; An interview with Orlando Bravo; Plus much more…
Will a drab 2024 market turn into a more fruitful 2025? Our panel of insiders share their insights and try to discern what's going on with the 'bottom of the iceberg' in a variety of areas.
Nehal Raj, co-managing partner of TPG Capital, says operating teams are still in the 'early days' of specialization.
After a four-year rollercoaster ride, private equity investing in software and tech companies seems due for a rebound. But post-2021 dislocation has not gone away.
Blackstone went into the belly of the beast – Silicon Valley – after the market fell apart in 2022, even building a deal team in San Francisco to capitalize on the inevitable correction and dislocation.