Private Equity Gatekeeper

What is a Private Equity Gatekeeper

Limited partners are always looking for access to the top private equity funds--preferably those with proven returns. Some private equity investors turn to third-party investment advisers to connect them with private equity funds. These advisers are referred to as "gatekeepers."

Institutional investors may have little or no knowledge of private equity investing or a specific industry sector like energy or technology. Therefore an investor will use a gatekeeper for advice. Private equity gatekeepers know a great deal about the industry and thoroughly track buyout and venture capital funds. The advisers then issue recommendations to their limited partner clients on which funds they think will provide great returns. On the general partner side, a placement agent may be used to secure capital from investors.



Tags: private equity gatekeeper, private equity fundraising, private equity third party adviser, limiter partner advisers, limited partner gatekeeper, private investor gatekeeper

Link to This Resource: Private Equity Gatekeeper

http://privateequityblogger.com/2008/06/private-equity-gatekeeper.html

Apollo Private Equity

Private Equity Firm Apollo Management L.P.

Apollo Management L.P. was founded by Leon Black in 1990, as well as founding Apollo Advisers with a number of other partners. Apollo Management is based in Purchase, New York with offices in Los Angeles and London as well. Currently, Apollo Management has $16 billion in assets under management. According to AOL Finance, "Its most recent fund -- Fund VI, L.P. – has $12 billion in assets. The firm has struck 76 deals and has posted average annual returns of 34%."

Apollo has a record of investing in distressed or underperforming companies and improving the value of the investment for resale to another buyer or for a public offering. We will be adding more information about Apollo from the news and private equity reports.

Resources and articles about Apollo Management

Story #1: Leon Black is Back to Corporate Raiding

Leon Black is back. Black, seen here in an unflattering depiction from the Post, founded Apollo Management LP nearly two decades ago. In recent years, the buyout firm has gone through some hard times. After a string of setbacks in the recession, Black's Apollo Management is becoming a major player in the distressed investing market. Read more...

Story #2: Apollo offers $1.01 billion for Countrywide


Please see our profiles of other private equity firms from the PE Tracker Tool.


Tags: Apollo Management, Apollo Management LP, Apollo Advisors, Apollo Capital Management, Apollo Private Equity, Apollo private equity firms, Apollo Management Private Equity

Link to This Resource: Apollo Private Equity

http://privateequityblogger.com/2008/06/apollo-private-equity.html

Baring Private Equity

Baring Private Equity Partners

Baring Private Equity is a private equity firm that invests globally through regional funds in Russia, Asia, India and Spain.

Baring Private Equity's website provides the following summary: 'With approximately $3.4 billion in funds under management, BPEP has one of the most extensive on-the-ground networks of any international private equity provider. Its network provides the resources and investment expertise to help entrepreneurs around the world build world-class businesses.

BPEP finalized its MBO from parent company ING Group in August, 2004. Under the terms of the agreement, the investment teams managing the regional funds have acquired ownership of their respective management companies and operate under the Baring Private Equity International brand.'

For more Private Equity Tracker Profiles visit this link.

Tags: Baring Private Equity, Baring Private Equity Partners, Baring Private Equity Profile, Private Equity Tracker Profile, Private Equity Baring Russia, Baring Private Equity Asia

Link to This Resource: Baring Private Equity

http://privateequityblogger.com/2008/06/baring-private-equity.html

AXA Private Equity

AXA Private Equity Group | New York

AXA Private Equity is a leading private equity and venture capital firm. The private equity firm invests in multiple areas including buyout, small cap buyout, venture capital, late venture, fund-of-fund, mezzanine, and co-investments in unlisted companies. AXA has offices in New York, Paris, Frankfurt, London, Singapore, Milan, Zurich and Vienna.

AXA Private Equity Summary

The firm’s direct investments target leveraged buyouts in mid caps and small caps, expansion capital, recovery or turnarounds, and emerging market investments. It seeks to invest between €3 million ($3.81 million) and €350 million ($445.57 million). For Buyouts, the firm seeks to invest up to €250 millions ($353.63 million) per transaction in companies with enterprise value between €100 million ($141.45 million) and €2000 million ($2,829.08 million). It typically, invests up to €500 million ($707.27 million) with fund’s co-investors. The firm prefers to acquire a controlling equity stake in its portfolio companies. For small-cap leveraged buyouts and expansion capital, it invests in family-owned companies that requires growth capital or whose capital is being restructured

The firm targets companies based in France, Germany, and Italy. It invests up to €40 million ($56.58 million) per transaction. For expansion capital, the firm seeks to acquire minority interests in mature companies with investments up to €100 million ($141.45 million) with co-investors. It also invests in listed companies on secondary markets but to a limited extent. For small-cap buyouts, the firm acquires controlling interests in companies with enterprise value less than €100 million ($141.45 million); generating initial sales exceeding €15 million ($19.09 million); and a five-year sales target of between €70 million ($89.11 million) and €150 million ($190.96 million)...[to read more on AXA Private Equity visit BW's Profile]

Story #1: Axa SA's (AX) private equity unit has dropped out of the bidding for Areva SA's (CEI.FR) power transmission and distribution unit, Reuters reported Sunday citing the WanSquare online publication.

Axa Private Equity failed to present a bid by Friday's deadline because it had problems finding enough capital on time, the report said.

The French nuclear group has received several non-binding offers for its T&D unit, an Areva spokeswoman told Dow Jones Newswires Friday.

Also Friday, rival power and transport engineering company Alstom SA (ALO.FR) told Dow Jones Newswires that it intended to make a joint offer with electrical equipment maker Schneider Electric SA (SU.FR) for Areva's T&D unit. Read more

For more Private Equity Tracker Profiles visit this link.

Tags: AXA Private Equity, AXA Banque, AXA Private Equity Profile, Private Equity Tracker Profile, Private Equity firm AXA

Link to This Resource: AXA Private Equity

http://privateequityblogger.com/2008/06/axa-private-equity.html