The importance of disciplined investment in Private Equity funds

Evergreen funds now represent nearly $400 billion in assets under management* worldwide. Initially considered complementary to traditional closed-end funds, they are gradually becoming established in strategic allocations, including institutional ones.

Faced with uncertainties over the future of the pension system, the French are looking for solutions to regain control over their financial future. Thibaut Mortelecq, Head of Key Account Services at Altaroc, explains the challenges, obstacles and opportunities associated with private equity investment as part of a long-term wealth management strategy.

In the investment world, private equity is a model for generating outperformance in relation to listed markets. It's not simply a question of financial strategy, but of a set of mechanical levers that enable funds to create value.

Investing in private equity can offer attractive returns, well above those of traditional public markets. However, as with any investment, there are risks involved which it is essential to understand to avoid unpleasant surprises.

Private equity offers the potential for high returns, but also entails significant risks. For investors wishing to gain exposure to this asset class while limiting risk, funds of funds offer an attractive solution. These structures provide access to a wide range of private equity funds, while benefiting from professional management and increased diversification.

In 2024, the buyout market experienced a noticeable upturn thanks to improving economic conditions, with an increase in transactions particularly in the USA and Europe, while Asia showed varied regional dynamics. Take-private transactions and carve-outs were particularly dynamic, illustrating a growing desire on the part of companies to leave public markets for greater flexibility. Investors' caution in the face of macroeconomic risks reduced fund-raising, but also created attractive investment opportunities, while the strategy of GP-LED transactions continues to grow as an alternative to traditional exits.

Analysis of the role of software publishers in private equity strategies.

Dimitri Bernard details the impact of private equity fees and their justification.

Dimitri Bernard explains performance and liquidity management in private equity.

Dimitri Bernard and Eliott Vincent explain the private equity investment cycle.

A fresh perspective on the future of private equity, based on the combined insights of five leading international fund managers.

Often perceived as a world reserved for insiders, private equity plays a key role in financing the real economy and driving business growth. This special report deciphers the mechanisms of private equity, from capital raising to value creation strategy. With a particular focus on funds of funds, which are genuine catalysts for diversification and access to rare opportunities, we explain how these tools enable investors to participate in high-potential entrepreneurial adventures.

Investing in private equity involves allocating capital to unlisted companies via specialized funds, with a view to providing strategic support and transformation over the long term.

Growth buyout a natural evolution of private equity. Value creation depends primarily on the quality of the business plan and the ability to execute it operationally.

Investment funds and mutual funds play an important role in asset management and wealth management.

Deal flow is the starting point for any private equity strategy. It refers to all the investment opportunities that a fund identifies, analyzes, and filters over time.

The J curve is one of the most frequently used concepts to describe the performance dynamics of a private equity fund.