Fasten your seatbelts and prepare for takeoff. Thoma Bravo, a leading private equity technology investor, has touched down on a deal to acquire a portion of Boeing’s Digital Aviation Solutions business. The all cash deal is valued at $10.55 billion. Assets include Jeppesen, ForeFlight, AerData and OzRunways.
There’s nothing more refreshing than a nice cup of tea. Or, for that matter, a fresh injection of investment capital totaling more than GBP1 billion. Which is just what Keppel, the Singapore-based asset manager, has secured from investors for three of its flagship strategies; nearly doubling its firm-wide AUM in the process to GBP2.8 billion. The new capital will add further weight to its flagship funds: Keppel Data Centre Fund III, Keppel Education Asset Fund II and its Sustainable Urban Renewal (SUR) strategy, indicating strong investor interest in infrastructure assets tied to long-term structural trends in urbanization, digitization, and sustainability.
Adams Street Partners’ new research report, “The Rise of Private Wealth in Private Markets,” shows that financial advisors and their clients are increasingly looking at the value of private markets. What once might have been viewed as a strange, even scary proposition to HNW investors, is becoming a lot easier as evergreen funds improve access. As investment firms like Adams Street equip advisors with high-quality education and a range of structures to meet investment goals, their report finds that 94% of advisors say their clients frequently express interest in private markets.
There’s nothing mythical about Apollo’s newly announced collaboration with Euroclear. The global alternative asset manager has selected Euroclear’s FundsPlace® platform to bring its institutional-grade solutions across Credit, Equity, and Hybrid strategies to wealth investors. It’s the latest move in Apollo’s broader push to expand its Global Wealth business and open up private markets to a wider pool of investors.
Everyone has the own favourite Rolling Stone. Mick with the swagger, Keith with the attitude. Well there’s a new stone – or rather rock – taking front stage. AlpInvest Partners, a subsidiary of Carlyle, has raised over $4 billion for the AlpInvest Portfolio Finance platform. AlpInvest Strategic Portfolio Finance Fund II (“ASPF II”) is three times the size of ASPF I, as it looks set to scale new heights and deepen its relationships with over 380 GPs worldwide.