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Welcome to the first edition of Acuity’s private-market newsletter. The launch cannot be more timely and relevant, as the wider private markets have lacked impetus for growth this year due to a number of macroeconomic headwinds – rising interest rates and government bond yields, weaker economic data and persistent inflation – which have negatively impacted investor sentiment and presented risk of illiquidity and opacity. Private credit’s mezzanine funds, however, continue to raise capital, with YTD 2023 raising already surpassing 2022 levels.
Separately, a new challenge is emerging for private markets. Firms are expected to face significant challenges from the recent SEC rules that are likely to test their bandwidth for compliance. It is imperative that the sector understand the regulatory requirements and augment their capacity for compliance.
I trust that you will find this newsletter, and its subsequent editions, informative.
Looking forward to enriching your quest for private-market intelligence.
Pratap Narayan Singh, Head, Private Markets
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Top deals and news from across the globe |
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Hot-spot deals
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Wells Fargo sells $2 billion of private equity investments
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SoftBank backs autonbomous trucking firm Started by ex-Ford self-driving executives
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Kirkland advises Finastra group on $5.3 billion refinancing
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Notable fundraising |
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Private Equity
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Indian value fund advisors raise $500mn fund
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Goldman Sachs raises $15bn to buy stakes in private equity funds
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Astorg raises €4B for fund VIII on revised target
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Venture capital
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Temasek's VC arm Vertex raises $900m in first round of new fund
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Sierra Ventures raises $265 million to continue ‘right-sized fund’ approach
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Crypto investor Katie Haun raises $1.5 billion for her venture capital fund
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Private credit
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Oaktree targets record private debt fund of over $18 billion
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Investors keep putting money into private credit
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Asset based finance: A fast-growing frontier in private credit
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Global Activities |
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Private Equity
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SEC enhances the regulation of private fund advisers
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Private equity firms take tentative steps adopting AI for their own use
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Private assets views Q3 2023 – Investing during the slowdown
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Venture capital
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Global VC investment remains muted, falling to $77.4 billion across 7,783 deals in Q2’23
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Generative AI sees global surge in investments despite sluggish VC activity in June quarter: Report
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Global venture capital outlook: The latest trends
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Private credit
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Onwards and upwards: a positive outlook for private credit in India
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Four key emerging trends in private credit
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Understanding private credit
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Recent perspectives
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Venture capital – macroeconomic influences to drive trends in 2023
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PE&VC sector continues to face headwinds
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Learn about the game-changing factors likely to shape the venture capital landscape in the coming year.
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Discover how the sector is adapting to changing market conditions and overcoming hurdles to continue delivering value to investors.
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Getting to grips with new SEC private fund adviser rules
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Trends driving the increase in ESG investing
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Stay updated on the latest regulations affecting private fund advisers to ensure compliance and success.
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ESG investing enables aligning your financial goals with your values, promoting sustainability and social responsibility.
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How electric vehicles threaten the ESG ecosystem
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Emerging trends in the private credit market
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As the world moves towards a greener future, we need to consider the hidden impacts of EVs on our environment, society and governance.
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Discover the potential of private credit and explore the impact of technology on lending practices, with valuable insights on the evolving landscape.
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ABOUT ACUITY KNOWLEDGE PARTNERS
Acuity Knowledge Partners (Acuity) is a leading provider of bespoke research, analytics and technology solutions to the financial services sector, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds and consulting firms. Its global network of over 6,000 analysts and industry experts, combined with proprietary technology, supports more than 500 financial institutions and consulting companies to operate more efficiently and unlock their human capital, driving revenue higher and transforming operations. Acuity is headquartered in London and operates from 10 locations worldwide.
Acuity was established as a separate business from Moody’s Corporation in 2019, following its acquisition by Equistone Partners Europe (Equistone). In January 2023, funds advised by global private equity firm Permira acquired a majority stake in the business from Equistone, which remains invested as a minority shareholder.
For more information, visit www.acuitykp.com
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