LP-Led and GP-Led Private Equity Secondaries

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  • Опубліковано 2 січ 2025

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  • @HouseofGhibili
    @HouseofGhibili 2 роки тому +4

    exactly what I was searching for out here at UA-cam, thanks a bunch!

    • @SteveBalaban
      @SteveBalaban  2 роки тому

      I'm happy to hear! Thank you for your comment, Derek!

  • @YSapphireGroup
    @YSapphireGroup Рік тому +1

    Thanks Steve, great explanation!

  • @octavian81
    @octavian81 2 місяці тому

    Thanks do a very informative video

  • @jasonduncan9849
    @jasonduncan9849 Рік тому +1

    Hi Steve. Do GP Led and LP Led secondaries use Private Credit in the form of "Margin Loans" to fund deals or simply release liquidity on single stocks? Thanks

  • @user-bz8zq4mk3l
    @user-bz8zq4mk3l 2 роки тому +1

    A real nice video buddy keep it up 👍🏽👌🏽

  • @nitishabhaduri6078
    @nitishabhaduri6078 2 роки тому

    Can you please tell about how to read TB,NAV for private equity fund.

  • @ryanmoore5734
    @ryanmoore5734 8 місяців тому

    Excellent

  • @jonathanedward5062
    @jonathanedward5062 2 роки тому

    Very cool. Are Secondaries a thing in VC as well? So far I mainly see it with the HarbourVests, KKRs and Blackstones of this world, i.e. more on the LBO/Growth Equity side.

  • @elizabethirene6373
    @elizabethirene6373 2 роки тому

    Steve, thanks for your great content. This comment is unrelated to the topic but I would appreciate your feedback on two things. 1) I'm a finance newbie trying to understand alternatives. What order would you suggest I view your content in, so I get a broad overview and understanding of the asset classes? 2) What does it mean to "invest off a company's balance sheet"? Tyvm!

  • @akshayshete4827
    @akshayshete4827 2 роки тому

    Who pays management fee Lp only or both LP and GP ?

    • @YahyaRaoMK
      @YahyaRaoMK 2 роки тому +1

      GP’s do not pay a management fee, they receive it from the LP’s because they are doing the work of investing the capital.

  • @noahramonweber9924
    @noahramonweber9924 2 роки тому

    Isn‘t there a big conflict of interest in a continuation fund? How does it in practice usually work if the GP has to value their portfolio company for a roll-over into their continuation fund?

    • @ninesninesnines
      @ninesninesnines 2 місяці тому

      I think when transferring to a continuation vehicle they bring in a few outside parties as financial advisors and strategic advisory for the transfer, so that probably helps to mitigate conflict of interest a bit

  • @shounakchatterjee1823
    @shounakchatterjee1823 2 роки тому

    Steve i had a small request commented on your last video to cover on the topic that how a new PE firm will build a strong relationships with investors. Pls make a video on this topic, it's too important for me🙏🙏

    • @SteveBalaban
      @SteveBalaban  2 роки тому

      Thanks Shounak! I have included links to two of our videos that I think will answer your questions.
      We have a video titled "5 Tips to Raising a First Time Private Equity Fund" here: bit.ly/3MfvRsr
      We have a video titled "How to Build Relationships in Private Equity" here: bit.ly/3M8X4Nt
      Do these answer your questions? If not, what could be helpful?

    • @shounakchatterjee1823
      @shounakchatterjee1823 2 роки тому

      @@SteveBalaban Thanks Steve for replying, i am going to check those😊