Private Funds Group
Introduction
The Private Funds Group raises money from a range of institutional investors for private equity funds, which are managed by external general partners.
The team seeks to provide tailor-made fundraising solutions to its general partner clients, which may include strategic advice, preparation of marketing materials and documentation, introduction to a range of institutional investors, as well as ongoing investor relations.
The team carries out a formal due-diligence process prior to the signing of any mandate, and will only work with a limited number of clients at any one time, thus ensuring the highest level of service to both investors and clients.
The team brings private equity experience from both the buy and sell-side, and thus has the unique ability to judge the commercial viability of any fund offering as well as its strengths and weaknesses, which can be addressed prior to any launch. The team has a “no stone unturned” approach and seeks to play the role of devil’s advocate to general partners. Therefore new clients are well prepared for the fundraising, prior to any investor being contacted.
The team’s extensive relationships with institutional investors, and knowledge of their investment preferences enables the team to manage a targeted fundraising process, thus allowing general partners to spend more time focusing on deal-doing than fundraising.
Although the team has a preference on working with general partners prior to the fundraising (full mandates), allowing it to complete a comprehensive due diligence, it will consider working on tail mandates on a case-by-case basis.
Although the team has relationships with investors worldwide, it focuses predominately on raising money from European institutions, and ultimately seeks to assist clients build and maintain a diversified group of investors.
The team also provides bespoke advisory services to secondary purchasers of private equity assets. The team takes a proactive approach to sourcing limited partner interests including corporate venturing divestitures, orphan portfolios, institutional team spin-outs and plain vanilla partnership positions.