Neuberger Berman’s Post

Why we believe Co-investments are attractive

What does long-term risk/reward look like across different asset classes? - Don't forget private markets. Blackstone has put together an excellent summary piece (including the below graph) on private equity, private credit, and private real estate - check it out: https://lnkd.in/epUBjtqE

In the dynamic world of private equity, continuation funds have become a crucial tool for tackling liquidity issues and enhancing value creation. With traditional exit strategies like IPOs and M&A transactions encountering more hurdles, private equity firms are increasingly relying on continuation funds to prolong the lifespan of their investments, offer liquidity to LPs, and optimize portfolio management. Houlihan Capital shares a closer look at the key market trends shaping this space. To continue reading, please click here: https://lnkd.in/g7yuYHp5 Contact Managing Director, Ted Frecka, CFA, CVA ([email protected]), to learn more about how our independent valuation and fairness opinion services can enhance your financial and strategic decision-making. ___________ #ContinuationFunds #PrivateEquity #HoulihanCapital #Valuation #ValuationProvider #ValuationCompliance #PE #PrivateEquityFunds #MergersandAcquisitions #ExitStrategies #PELiquidityIssues

JT Capital Strategic Income Fund: Our Unfair Advantage 4 of 5 of our unfair advantages Our Niche - Reduced Competition We invest $3 to $7M in institutional assets and have access to the same deals as large institutional funds such as BlackRock and Blackstone, but they don’t compete with us as their minimum check size is $10 to $20M, and have a 6 month process to procure. We have carved out our blue ocean, making our competition irrelevant. #niche #competition #passiveincome #finance #marketinsight #institutionaldeals #riskmanagement #realestate

Continuation funds are vital in private equity, addressing liquidity challenges and maximizing value creation. As IPOs and M&A face growing obstacles, firms are turning to these funds to extend investment horizons, provide LP liquidity, and enhance portfolio management efficiency. #FairnessOpinions are a critical part of this process.

Tax-smart investing is a staple of how wealth management firms can differentiate themselves from the competition. In this session at the #MMIAlternativeInvestments Forum, our expert panel discussed several options to help solve common investor challenges – such as appreciated stock, low- or no-basis real estate, and other asset location strategies. Thank you for your insight, James Costabile, CAIA of iCapital, Nick C. of Goldman Sachs, Virginia Klein of Axcelus Financial, Jill Mozer of Ares Wealth Management Solutions, and Nick Rosenthal of Griffin Capital Company, LLC. #alternativeinvestments #wealthmanagement #taxstrategies #1031exchanges #exchangefunds

Market is well-capitalized, says Matthew Wesley, as Jefferies advises on $11 billion of deals in Q1. “Our Q1 2024 deal value reflects a market that is continuing to grow and be healthy. It is also reflective of the fact that the market pricing is attractive to sellers, which is evidence of a very well-capitalized market,” Wesley, Global Head of the firm’s Private Capital Group told SecondaryLink. #Secondaries #Secondary #SecondaryMarket #AlternativeInvestments #PrivateMarkets https://lnkd.in/ejaq4mTW

Public markets remain at high level, with investors scrambling for growth opportunities. Yet one corner of the market remains depressed, offering latent value for investors prepared to look a little more closely ⤵️ Find out more in our latest commentary from Richard Hickman, Managing Director of HarbourVest Partners and a member of Invest Europe’s Listed Private Capital Roundtable ➡️ https://lnkd.in/etznXeFZ #PrivateEquity #VentureCapital #ListedPrivateCapital #LPCR #ListedPrivateEquity

Moment of Truth After leaving brokerage, I fully planned to launch a fund with my partners We created out pitch deck Put our thesis together And began to have conversations with investors and capital sources The feedback that we began to receive was very consistent Investors are still investing in today's environment, but weary to put money with an emerging fund So, what did we do We listened to the investors and chose to continue syndicating deals And the cool thing We still underwrite and operate with the same standards and values Still buying quality, risk averse assets Still working with integrity and our investors best interests Still operating to make a difference and have a positive impact in the world #realestate #investing #commercialrealestate

When Livewire Markets asked Elston Portfolio Manager Gary Merkel, CFA to nominate how $10,000 in hypothetical capital might be invested in small caps, which three businesses did he choose? And what was his selection process? Read the article to find out: https://lnkd.in/gFcXtDCC #smallcap #investment #assetmanagement