Seoul to Sold
Hamilton Lane Goes “Seoulmate” with IMM Investment in Landmark Asia Infrastructure Secondaries Deal
(Citi) Block Party
Let’s get that block party started! Citi have announced that they’ve teamed up with Swiss post-trade group SDX to bring tokenisation to private market assets.
Boeing Boeing Gone
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.
Put the Keppel On
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 to Main Street
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.