NEW YORK, Sept. 27, 2021 /PRNewswire-PRWeb/ -- Buyouts, in partnership with Gen II Fund Services, LLC, today released the fifth annual Emerging Manager Report, reviewing important factors that new general partners need to consider when launching their funds, and key areas of focus for limited partners that invest with emerging managers.
The report compiles the results of emerging manager and institutional investor surveys, gauging their views on subjects that include fundraising, fund terms and conditions, co-investment opportunities and the due diligence process as well as the defining characteristics that attract investors to emerging managers.
Among the areas explored by the survey:
- Time from initial marketing to both first and final closes
- Sourcing LP capital – where did the commitments come from?
- Hiring trends among emerging managers
- The importance of team composition versus track record from the LP perspective
- Anchor investor considerations
Overall, the survey covered more than 60 data points. The Private Equity Emerging Manager Report can be downloaded at: https://bit.ly/3zInIG5.
"This survey continues to yield interesting results each year, especially in gauging how LPs feel about emerging managers in the current market," said Jeff Gendel, Principal at Gen II Fund Services. "LPs remain positive about investing with emerging managers and reconfirmed the importance of engaging experienced service providers to help navigate the path to success. Gen II is proud to be the fund administration market leader. We are grateful for the decade-long support of private equity's premier emerging managers and the LPs which invest with them. We thank the Buyouts editorial staff for their efforts to make this annual survey a must-read."
Chase Collum, Special Projects Editor at Private Equity International, said, "Emerging managers fill a critical niche in the private equity world, and investor appetite for new firms remains strong. As with previous editions, this year's data will serve as a benchmark on the status of the emerging manager market. We are fortunate to be able to produce this report in partnership with Gen II Fund Services LLC and to have Withum Smith + Brown PC as a sponsor."
Notes to Editors:
About Buyouts https://www.buyoutsinsider.com/
Today, Buyouts is the leading authority in North American private equity intelligence, data and trend analysis. Buyouts' award-winning editorial and research teams have sources deeply rooted in the private equity market to provide exclusive insight on fundraising, capital sources, LP allocation strategies, investment performance data and LP/GP profiles.
About Gen II Fund Services, LLC http://www.gen2fund.com/
Gen II is a leading fund administration provider focused entirely on serving the alternative asset management space, including private equity, real estate and credit funds. Since its inception in 2009, the company has scaled rapidly and today is one of the largest independent private equity fund administrators servicing more than 5,000 fund entities, reporting to approximately 50,000 investors on behalf of their clients, and administering more than $600 billion of private fund capital. Gen II offers private fund sponsors a best-in-class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications.
About the Report
The Emerging Manager Report, published by Buyouts in partnership with Gen II Fund Services, LLC, is the private equity industry's primary source for PE/VC emerging managers and institutional investors with an appetite to back them. One hundred and forty-five emerging managers and 56 institutional investors with a self-identified appetite for emerging managers were surveyed. The results are released annually.
Media Contact
Chase Collum, PEI Media, +1 (212) 796-8336, [email protected]
Jeff Gendel, Gen II Fund Services, LLC, (212) 408-0501, [email protected]
SOURCE Buyouts
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