The latest on pricing, fundraising and deal volumes

What constitutes a secondary today? How has the market evolved over the last few years?

Understanding what drives an LP to the secondary market. Using the secondaries market as a tool for portfolio optimization

Case study

LP-only too hot to touch closed door session: Expectations versus reality

What has a bigger impact on the pricing of secondaries: deferrals or leverage used to transact? Will rising interest rates impact secondaries pricing and if yes, will it be significant? Alternative sources of financing: from leverage to preferred equity

Debate

Case study

• Creating liquidity out of a GP-led transaction: main options and structures
• How common are these types of transaction?
• What’s in it for the GP, the LPs and the Buyers?
• What does a successful process look like?
• What are the alternatives for fund managers?
• New SEC private equity fund restructuring guidelines

When are they used, what do they bring to the table and what are the pros and cons of secondary directs?

Exploring the uniqueness of Infrastructure investments within secondaries market

How much is currently being raised? Who is deploying capital and what are the hottest asset classes?  

• Relative allocations to PE are on the rise
• The size of venture and buyout funds continue to grow
• Early stage venture managers are raising growth and special opportunity funds
• The number of seed-funds raised has spiked
•  LP views on the increasing number of spin-out funds

What constitutes a good LP/GP relationship, and how has it evolved over the years? Communication, transparency and reporting as the building blocks of a fruitful partnership

Fundless sponsors versus the traditional private equity firms

Too hot to touch closed door session: The art of negotiating friendly Terms and Conditions for LPs and fund managers 

Case study: How to raise capital from Family Offices

What are the common challenges of raising the second and third fund? 

Debate: Exploring the differences in fundraising cycle and distribution of returns between first time funds and established funds

Key insights into raising your first fund

• What are best practices for fundraising in the current investment environment?
• What are common fundraising pitfalls, and how can they be avoided?
• Key pre-fundraising considerations
• How do LPs evaluate first-time managers? Matching the LPs’ investment criteria
• Best ways to approach new LPs
•  How to deal with a “No” and what’s next?

Table 1: What are the top issues on the agenda for investors?

Table 2: What are the main concerns for funds over the next year and how are these issues being managed?

Table 3: Identifying and backing the best fund managers: what due diligence are LPs undertaking?

Table 4: What are some of the common pitfalls of doing due-diligence, how can GPs help LPs?