Private Equity Managers
topic on 1 show · 8 statements across 8 episodes
8 statements about Private Equity Managers, every show
J.P. Morgan Private Bank maintains 85 to 90 active manager relationships
“We have offered Over 200. There's about 85 to 90 active relationships that we have in the broad private bank offering.”
Charles: Fundraising pressures and product proliferation drive PE manager consolidation
“Manager consolidation and M&A is a theme that has been emerging and dominant for the last couple of years. But it is an emergent trend from several themes that are happening under the surface within this asset class around fundraising, product proliferation, i…”
Abell: Evaluating PE managers requires measuring journey risk, not just end returns
“If we have a way of measuring that kind of risk systematically through their portfolios, then the end number itself is not the only thing we need to look at. We need to look at the journey. Because there's going to be lots of examples of that where they aren't…”
Franklin: Cambridge PE managers measuring emissions jumped from one to seven
“So in 20, 22, only one of our PE managers actually measured and reported emissions, whereas in 20, 23, there's going to be seven.”
Miranda: Partners Capital shares a 70-page value-add playbook with PE managers
“We have actually a best demonstrated practices book. It's about 70 pages on post acquisition operating value added that we share with private equity managers.”
Toomey: Under-allocated LPs can now access previously closed top-tier managers
“If you are a newer investor in the asset class, if you are sitting on an allocation of five, six, seven percent, and you're trying to get to 10, I think it's actually a pretty interesting time to create investable opportunities and to create exposures that, an…”
Private equity managers entering at 12x EBITDA underwrite exits at 10x
“What we see is managers who, when they're underwriting a company and going in at 12 times, they're not underwriting to exit at 15. Actually, they're underwriting to exit at 10, because the market does go through cycles, and all that does is to get to your unde…”