IPEM Dealmaking

IPEM Cannes 2024 – More deals…more exits…more consolidation? 2024 could be busy.

CANNES 2024, News, PAST EVENTS

Getting deals done. That’s the focus of IPEM Cannes 2024 as it prepares to celebrate its 10th edition of what has become Europe’s leading private markets conference. Private equity firms live and die by their ability to source exciting companies to buy, improve, and sell. It’s a simple concept that has remained unchanged in four decades. Yet this past 12 months has been anything but straightforward, both in terms of deploying capital, and completing successful exits.

IPEM Cannes 2024 - Events & Summits

IPEM Cannes 2024 Events & Summits now released! Register with your IPEM Account

CANNES 2024, News, PAST EVENTS

Discover in this article IPEM Cannes 2024 Events and Summits with their practical information. One of our promises at IPEM is to create the best setups for successful, efficient, and lasting connections. We work all year, with our sponsors, to create dynamic and easy-going events inside and outside the Palais des Festivals with the serenity of the French Riviera and the turquoise Mediterranean to energize the mind (and soul) as background.

IPEM Paris 2023 - LP-Only Sessions

IPEM Cannes 2024 – Secondaries offer a strategic option for LPs while independent sponsor-backed deals also gain traction

CANNES 2024, News, PAST EVENTS

Private market investors have seen an extended period of deal activity over the last decade but the investment optics have changed in 2023. Higher rates, inflationary pressures, and volatile markets, have generated uncertainty and impacted deal volumes. As Bain & Company point out in their 2023 mid-year PE report, “uncertainty is the enemy of dealmaking”.

Meme - Why the stony face Have you not heard about BXPE

Etched in stone

News, WEEKLY SPIN

Blackstone, the world’s biggest alternative asset manager, has raised an initial $1.3 billion for a new private equity fund tailored for wealthy individual investors. The fund – Blackstone Private Equity Strategies (BXPE) – is further evidence of Blackstone’s decade-long push to diversify its investor base beyond large institutions, as it looks to build its private wealth client book. Blackstone is not the only group to think, ‘All hail retail!’ with Carlyle Group and Apollo also taking strides to offer investment funds to private investors. This could be the next step in solidifying Blackstone’s market-leading reputation, and more broadly, private equity’s appeal with the masses.

inspired by The Financial Times

Meme - Will GPs find those ‘lightbulb’ moments in 2024

Edison shines a light

News, WEEKLY SPIN

Happy New Year! With 2023 now behind us, many will be hoping that the next 12 months bring plenty of opportunities to do deals and recapture PE’s magic. Data by Edison shows that there are approximately 16 to 17,000 private equity and VC-backed firms. By contrast, the number of US public firms has dropped from 7,000 to less than 5,000 since the start of the century. As the private markets universe expands, GPs will look to shine bright like a diamond in 2024, as they seek out take-private deals, corporate carve-outs and family-owned businesses. Who knows how many ‘lightbulb’ moments could arise, as GPs get creative with their deal sourcing approach? Factor in a feeling of optimism on Wall Street that the US Federal Reserve will cut rates at some point in 2024, and…whisper it quietly, the PE industry might find itself whistling ‘let it grow, let it grow, let it grow’. Okay, bad joke – but hey it’s the New Year!

inspired by Trustnet