Having a team with a strong track record is a priority for most LPs looking at first-time fund managers, Coller Capital survey finds.
Securitize co-founder and president says the company is 'ecstatic' about the nomination.
Diverse collateral mix of secondaries, portfolio finance and co-investments helps Carlyle unit close above target on $1bn.
Pilot product helps LPs conduct cost-benefit analyses and lets smaller GPs act without advisers.
But it’s still a tough market for new GPs, given continued fierce competition for scarce investment capital.
High net-worth investors have been backing secondaries funds at 'astonishing' rates
The subpar fundraising environment of the past two years has played a role in spurring interest in co-investments, but it’s not the only driving force behind the rising trend.
The firm saw 'real strength' in its private equity and infrastructure wealth products over the past year, head of investor relations Craig Larson said on its Q3 earnings call.
The company is offering its syndication invitations from relationship GPs directly to some of its wealthier clients.
A study by the bank and the HEC School of Management has also reinforced earlier findings that single-asset CVs perform largely in line with buyout funds, while offering lower return dispersion.