Private equity (PE) typically refers to investment funds, generally organized as limited partnerships, that buy and restructure companies that are not publicly traded.
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity. Private equity funds are typically limited partnerships with a fixed term of 10 years. At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From the investors' point of view, funds can be traditional or asymmetric.
In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds. Given the absence of established trading markets for these interests, the transfer of interests in private equity funds as well as hedge funds can be more complex and labor-intensive.
Campbell Lutyens is an independent private equity advisory firm exclusively focused on primary fundraising and secondary transactions in the private equity, private debt and infrastructure & Energy markets. The firm has offices in London, New York City, Hong Kong and Singapore and comprises a team of over 120 professionals representing over 35 nationalities.
Robert W. Baird & Co. is an American multinational independent investment bank and financial services company. It is the principal U.S. operating subsidiary of Baird, an international, employee-owned financial services firm providing investment banking, capital markets, private equity, wealth management, and asset management services to individuals, corporations, institutional investors, and municipalities.
Landmark Partners, an SEC Registered Advisor, is one of the most experienced participants in the private equity secondary market for private equity and real estate investments. Founded in 1989, the firm is a leading source of liquidity to owners of interests in venture, mezzanine, buyout, and real estate limited partnerships. Landmark Partners has four offices located in Boston, New York, Simsbury, and London.
Coller Capital, founded in 1990 by Jeremy Coller, is one of the largest global investors in the private equity secondary market.
Lexington Partners is the largest independent manager of secondary acquisition and co-Investment funds in the world, founded in 1994. Lexington manages approximately $38 billion of which an unprecedented $10.1 billion was committed to the firm's eighth fund. This renders it the largest dedicated secondaries vehicle ever raised at the time.
AlpInvest Partners is a private equity asset manager with over $47 billion of assets under management as of September 30, 2017. The firm invests on behalf of a broad range of institutional investors from North America, Asia, Europe, South America and Africa.
H.I.G. Capital is a Miami, Florida-based private equity and alternative assets investment firm with $35 billion of equity capital under management. The firm operates a family of private equity, growth equity, credit/special situation, primary lending, syndicated credit, and real estate funds. The company provides both debt and equity capital to small and mid-sized companies.
Private equity in the 2000s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.
MidOcean Partners is an American private equity firm specializing in leveraged buyouts, recapitalizations and growth capital investments in middle-market companies. The firm has historically focused on investments in middle market companies in four core industries including business services; consumer and leisure companies, media and niche industrial services.
Cogent Partners is a boutique, private equity-focused investment bank and advisory firm and was one of the first advisory firms dedicated to transactions in the private equity secondary market (secondaries). The firm, which was founded in 2002, provides an array of sell-side advisory services such as secondary advisory, portfolio valuation and other research functions. Since inception, Cogent Partners has advised on over 5,639 limited partnership interests representing over $103 billion in private equity secondaries.
HarbourVest Partners is a private equity fund of funds and one of the largest private equity investment managers globally. The firm invests in all types of private equity funds, including venture capital and leveraged buyout funds, and also directly in operating companies.
Probitas Partners is an independent, global advisory firm focused on raising capital as a placement agent for private equity fund sponsors as well as providing portfolio management and liquidity solutions, through the private equity secondary market, for investors in private equity. The firm operates through three primary businesses: fund placement, portfolio management and secondary advisory.
Motion Equity Partners is a private equity firm focused on leveraged buyout and growth capital investments in European middle-market companies across a range of industries.
Squadron Capital was an investment advisory firm headquartered in Hong Kong, focused on private equity investment within the Asia Pacific region.
Setter Capital is a Canadian independent investment bank primarily focused on the private equity secondary market, providing fund acquisition, non-strategic asset disposal, investor liquidity management and optimization and market validation advisory services between some of the world’s largest institutional investors.
Ardian is a France-based, independent private equity investment company, founded and managed by Dominique Senequier. It is one of the largest European-headquartered private equity funds.
Eaton Partners is a global placement agent that assists in raising capital for funds managed by some of the largest private equity firms, hedge funds, real assets and real estate funds in the world. The firm is also one of the oldest placement agents in the private funds industry. Eaton Partners raises capital primarily from institutional investors including private and public pension funds, endowment funds, family offices, fund of funds, foundations and other large pools of money that invest in alternative asset classes. In 2009, the Wall Street Journal, citing a Preqin Ltd. league table, ranked them eighth among independent private funds placement agents.
