Meme - Investcorp sure have moved quick off the blocks with this new fund

Block Party

Signs that the block(chain) party is getting into full swing are evident with Investcorp becoming the latest guest arrival. The investment firm has announced a new partnership with Securitize to make its latest GP-stakes fund available for individual investors on a public blockchain. Tokenizing private markets funds has been underway for a few years with the likes of KKR and Hamilton Lane already lowering the cost of access to retail investors. This is a new age of block & roll for private investors; who would have thought it would be possible to invest in a GP stakes fund for as little as $20,000? Investcorp’s new tokenized offering provides a way to gain exposure to minority stake ownership of mid-market fund managers with $1 billion to $10 billion of assets under management. Who knows. Maybe this partnership will lead to a bigger chain reaction as more GPs tap in to the democratization trend.

Inspired by PitchBook

IPEM Paris 2024: Inspiration Awaits!

IPEM Paris 2024: Inspiration Awaits!

If ever there were a city to inspire new ideas, there’s no better place than Paris. Which seems altogether appropriate as the global private markets industry gathers September 9th – 11th for the 2nd edition of IPEM Paris, where this year’s theme will be “Forging Confidence”.

Building on the success of last year’s event, which welcomed over 6,000 delegates, IPEM will once again bring together a brains trust of global GPs and LPs at the Palais des Congrès. It is a key moment for the industry, as some investors look to increase their total private markets exposure, while others scale back. Fundraising has become much harder over the last 12 months, as private equity funds increasingly find themselves competing with private debt and infrastructure funds. Some GPs are more bullish on deal flow and exit opportunities than others, while ESG issues are becoming both more and less relevant, depending on the financial institution.

How then, to make sense of the divergence of views?