DOCSLIB.ORG

Fresh Money 2015-Q4 Copyright

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Fresh Money 2015-Q4 Copyright Fresh Money 2015-Q4 http://jaycaplan.com/ Date VC/PE Website Headline Location Abingworth raises $105m for First Dedicated Clinical Co- 1/21/16 Abingworth http://www.abingworth.com/ Development Fund London, UK 1/20/16 Norwest Venture Partners http://www.nvp.com/ Norwest Venture Partners Raises a New $1.2 Billion Fund Palo Alto, CA University College London‘s tech fund has raised 50 million 1/18/16 UCL Technology Fund https://www.ucl.ac.uk/news/news-articles/0116/180116-technology-fundpounds (over $71 million) in funding London, UK PE Firm Nautic Partners, LLC Has Completed a Successful Fund Raise of $900 million for Its Eighth Fund in three primary sector verticals: healthcare, industrial products, and 1/11/16 Nautic Partners http://nautic.com/ outsourced services Providence, RI Termsheet Reports: AccelMed, an Israeli private investment firm focused on healthcare, is raising upwards of $300 million 1/6/16 AccelMed http://www.accelmed.co.il/ for a new growth equity fund, according to a regulatory filing. Herzliya Pituach,Israel Termsheet reports: Healthquest Partners, a Menlo Park, Calif.- based venture capital firm, is raising upwards of $175 million 1/4/16 Healthquest Partners http://www.healthquestcapital.com/ for its second fund, according to a regulatory filing Menlo Park, CA Termsheet reports: DW Healthcare Partners is raising upwards of $350 million for its fourth fund, according to regulatory 1/4/16 DW Healthcare Partners http://dwhp.com/ filings Toronto, Ontario 12/30/15 HLM Venture Partners http://hlmvp.com/ HLM Venture Partners snags $63.7 mln for fourth fund Boston, MA 12/21/15 OrbiMed http://www.orbimed.com/ OrbiMed Launches $950 Million Venture Capital Fund New York NY USVP Raises $300M Early-Stage Venture Capital Fund, USVP 12/15/15 USVP http://www.usvp.com/ XI Menlo Park CA UC Investments will anchor fund led by Vivek Ranadivé to 12/15/15 UC Investments http://techcrunch.com/2015/12/21/vivek-ranadive-on-how-hell-invest-ucs-250-million/invest in UC innovation San Francisco, CA Seventure Partners racks up about $176 mln for microbiome 12/14/15 Seventure Partners http://www.seventure.fr/en fund Paris, FR, Nyon Switzerland WuXi Healthcare Ventures II, L.P. Closes $290 million WuXi 12/14/15 WuXi Healthcare Ventures http://www.wuxiventures.com/ Healthcare Ventures II, L.P Cambridge, MA 12/7/15 Sofinnova Partners http://www.sofinnova.com/ Sofinnova Partners Raises €300 Million Eighth Healthcare Fund Menlo Park, CA, San Diego CA Warburg Pincus Completes Fundraising For $12 Billion Global 11/23/15 Warburg Pincus http://www.warburgpincus.com/ Private Equity Fund New York NY 11/19/15 Andreessen Horowitz http://a16z.com/tag/bio-fund/ Andreessen Horowitz Raises $200M AH Bio Fund Menlo Park, CA Former Sanofi CEO Viehbacher Forms Boston Pharmaceuticals 11/19/15 Boston Pharmaceuticals http://www.gurnetpointcapital.com/ with $600M to bankroll new drugs Cambridge, MA TEEC Angel Fund Closes $30 Million, Launches Incentive Compensation Program to Defy Early-Stage Venture 11/4/15 TEEC Angel Fund http://www.teec-angel.com/ Investment Model Palo Alto, CA Pitango Growth - Announcing 1st Closing of Planned $250M 11/2/15 Pitango Growth http://www.pitango.com/ Growth Fund Herzliya, Israel 11/1/15 Converge Venture Partners https://convergevp.com/ CommonAngels is now Converge Venture Partners Cambridge, MA Venture Veterans Frazier Healthcare Partners Commit New 10/29/15 Frazier Healthcare http://www.frazierhealthcare.com/ $262M Fund To Biopharma Bets Seattle, WA Fidelity Biosciences and Devonshire Investors’ Technology 10/5/15 F-Prime Capital Partners http://fprimecapital.com/ Venture Fund Launch as F-Prime Capital Partners Cambridge, MA 9/8/15 Silversmith Capital Partners http://silversmithcapital.com/ Silversmith Capital Partners Closes of $460 Million Fund Boston RoundTable Healthcare PE Firm RoundTable Healthcare Partners Closes $650M Fourth 9/2/15 Partners http://www.roundtablehp.com/ Equity Fund and $200M Third Subordinated Debt Fund Lake Forest, Illinois 8/25/15 Hatteras Venture Partners http://hatterasvp.com/ Hatteras Venture Partners Raises $91M of Fifth $150M VC Fund Durham, NC Visium Healthcare PE Fund Holds First Close On $275 Mln, to meet financing needs in the healthcare industry through structured investments in royalty interests, revenue interests, secured debt, and selective equity securities, as well as hybrid investments combining elements of the foregoing, supported 8/22/15 Visium Healthcare https://www.visiumfunds.com/Funds.aspxby healthcare assets and cash flows. New York Aisling Capital is Raising Fourth Life Science PE Find at $400M 8/17/15 Aisling Capital https://www.aislingcapital.com/ to $500M New York Deerfield Launches $550 Million Healthcare Venture-Capital 8/3/15 Deerfield https://www.deerfield.com/ Fund New York 7/29/15 Foresite Capital http://www.foresitecapital.com/ Foresite Capital closes third fund at $450 mln San Francisco, CA 7/23/15 Index Ventures https://indexventures.com/ Index Ventures raises $66.5M toward new life sciences fund London, San Francisco, Geneva Term Sheet Reports That Dutch PE Firm Gilde Buy Out 7/22/15 Gilde Buy Out Partners http://gilde.com/ Partners, Is Raising EU1B Fifth PE Fund Utrecht, Netherlands PE Fund Athyrium Capital Management And Neuberger Berman Close $1.2B Healthcare Fund to make $25-$150M investments in commercial-stage public or private healthcare companies including biopharma, medical devices, diagnostics, healthcare 7/20/15 Athyrium Capital Management http://www.athyrium.com/ services and healthcare information technology New York NaviMed Capital Announces Closing of New $110 million 7/14/15 NaviMed Capital http://navimed.com/ Healthcare Private Equity Fund Washington, DC 7/9/15 BioStar Ventures http://www.biostarventures.com/ BioStar Ventures Raises $68.8 Million for Third Fund Petoskey, MI Middle market private equity firm Tailwind Capital Closes $1.05B Fund II to invest in growth-oriented companies in 7/6/15 Tailwind Capital http://www.tailwind.com/ healthcare, business and communications services New York PE Hub Reports that Swedish VC HealthCap Raising $222M 7/6/15 HealthCap http://www.healthcap.eu/ Seventh Fund (Odlander Fredrikson & Co) Stockholm Toronto-based Whitecap Venture Partners Raises $100M Third Fund For Information and Communications Technology (ICT), 6/23/15 Whitecap Venture Partners http://whitecapvp.com/ Medical Tech, and Food Tech Toronto Copyright 2016 Jay Caplan 1 of 16 http://jaycaplan.com/ Fresh Money 2015-Q4 http://jaycaplan.com/ Date VC/PE Website Headline Location Ex-Sanofi CEO Chris Viehbacher talks about his new fund, Gurnet Point Capital, a new $2 billion healthcare venture capital and private equity fund bankrolled by the Bertarelli 6/23/15 Gurnet Point Capital http://www.gurnetpointcapital.com/ family Cambridge, MA Term Sheet Reports that Arboretum Ventures is Raising $215M 6/19/15 Arboretum Ventures http://www.arboretumvc.com/ Fourth Fund Ann Arbor, MI LEERINK Capital Partners and Revelation Partners Announce Strategic Partnership and Close of $192 Million Healthcare 6/11/15 LEERINK Revelation Partners http://www.revelation-partners.com/ Fund For Direct Secondary Investments San Francisco, CA PE Firm Ridgemont Equity Is Nearing First Close of $900M Fund II, for basic industries and services, energy, healthcare, 6/11/15 Ridgemont Equity http://www.ridgemontep.com/ and telecommunications/ media/ technology Charlotte, NC Cambridge MA, San Francisco 6/9/15 Clarus Ventures http://www.clarusventures.com/ Clarus Ventures Closes $500M Third Life Sciences Fund CA Healthcare Middle Market PE Firm Cortec Completes Raise Of $1.1B Cortec Fund VI 6/7/15 Cortec https://www.cortecgroup.com/ New York PE Hub Reports That Revolution Growth Is raising $450M Third 6/2/15 Revolution Growth http://www.revolution.com/entity/growth/fund Washington, DC 6/1/15 BelHealth http://belhealth.com/ private equity firm BelHealth raises $350M second fund New York PE Hub Reports that SV Life Sciences Advisors Is Raising a 5/27/15 SV Life Sciences Advisors http://www.svlsa.com/ $400M Sixth Fund according to an SEC filing Boston, San Francisco, London Kurma Partners announces the launch of its third EU33M fund 5/26/15 Kurma Partners http://kurmapartners.com/en/ Kurma Diagnostics Paris Fonds de solidarité FTQ Invests €10.5 Million in Forbion III to 5/22/15 Forbion http://www.forbion.com/ Attract International Life Science Funds to Québec Netherlands, Germany 5/20/15 Osage University Partners http://osagepartners.com/osage-university-partners/Osage University Partners closes $215 mln for second fund Bala Cynwyd, PA MPM Capital Closes Sixth Fund: $400M Early-Stage Fund for 5/13/15 MPM Capital http://www.mpmcapital.com/ Life Sciences Cambridge, MA Mission Bay Capital Fund II raises $25 mln for early-stage investments in bioscience companies emerging from the University of California and the San Francisco Bay Area 5/11/15 Mission Bay Capital Fund http://missionbaycapital.com/ ecosystem San Francisco Longwood Founders PE Hub Reports That Longwood Founders Management Is 5/1/15 Management http://www.longwoodfund.com/ Raising Third Fund with $90M Target Boston, MA Flare Capital Partners I (Formerly Foundation Medical Partners) 4/29/15 Flare Capital Partners http://flarecapital.com/ Raises $200M dedicated healthcare technology venture fund Boston, MA Oberland Capital Raises $425M First healthcare royalties and 4/24/15 Oberland Capital http://www.oberlandcapital.com/ credit fund New York PE firm Madison Dearborn raises almost $1B in two healthcare funds, one of which will
Load more

Recommended publications
  • Philadelphia Investment Trends Report
    Venture impact Technology investment in the Greater Philadelphia region Trends and highlights, January 2008 to June 2013 Innovation, investment and opportunity On behalf of EY, Ben Franklin Technology Partners of Southeastern Pennsylvania and the Greater Philadelphia Alliance for Capital and Technologies (PACT), we are pleased to present this review 421 companies of technology investment trends and highlights in the Greater Philadelphia region. $4.1 billion The technology investment community in the Greater Philadelphia region includes a wide variety of funding sources supporting a diverse array of companies and industry sectors. In this report, Total investment since we’ve analyzed more than a thousand investment rounds and January 2008 exits that occurred in the Philadelphia region since 2008 – including investments from venture capital fi rms (VCs), angel investors (Angels), corporate/strategic investors, seed funds, accelerators and other sources of funding. As shown in this report, 2012 reversed a post-recession slowdown in venture funding in Greater Philadelphia, and to date, 2013 has brought a welcome increase in the amount of new funds available at regional investment fi rms. These are positive signs for our region’s technology companies, as are the increasing number of exits via IPO and acquisition, which serve as further validation of the investment opportunities created by our region’s growing technology sector. We encourage you to explore this report, and we hope that it will provide useful insights into the current state of
    [Show full text]
  • 2Nd FCF Life Science IPO Report
    FCF Life Science Research 2nd Life Science IPO Report – Initial Public Offerings in Europe and the US Enterovirus Part of FCF Life Science Research Series FCF Overview European and US Life Science IPOs C r o s s - border IPOs of European Issuers in the US Life Science IPO Outlook Appendix: European Cross - border Issuances in the US 2 FCF Overview FCF seeks to provide Who We Are Capital Markets Capabilities and Services its clients with ▪ Specialized investment bank and financing specialist financing Private / Venture capital financing Private equity financing ▪ Advising public and private small / midcap companies Pre-IPO Growth capital financing (i) at the lowest cost, ▪ Advisor for structuring and placement of financing transactions: Initial Public Offering (IPO) pursued in tandem) – All instruments: Unbiased approach to all available corporate Equity / Capital increase Private Investment in (ii) with the highest Public Dual-track (IPO and Public Equity (PIPE) flexibility, financing instruments (no product selling approach), allowing alternative transaction Block trade for customized financing structures (iii) in the shortest Receivables financing / Working capital / Revolving – All investors: Close and trusted relationships with senior period of time, Short-term Factoring / ABS credit facility executives of virtually all relevant equity and debt investors Debt Borrowing base / Guarantees / (iv) with the highest – Fast process: Process management skills and direct / personal Inventory financing Letter of Credit closing proba- access to institutional debt and equity investors enable fast Bank loan facility / Promissory note bility, and with transactions Straight debt (Schuldscheindarlehen) Debt Long-term Sale-and-lease back High-yield / PIK bond (v) financing partners ▪ More than 100 transactions with a total placement volume in Debt Corporate bonds (public / (public / private) that integrate well excess of EUR 4.0 billion since foundation in 2005 private placement) Second lien financing into their strategy ▪ Approx.
    [Show full text]
  • RESI Boston Program Guide 09-26-2017 Digital
    SEPTEMBER 26 , 2017 BOSTON, MA Early stage investors, fundraising CEOs, scientist-entrepreneurs, strategic partners, and service providers now have an opportunity to Make a Compelling Connection ONSITE GUIDE LIFE SCIENCE NATION Connecting Products, Services & Capital #RESIBOS17 | RESIConference.com | Boston Marriott Copley Place FLOOR PLAN Therapeutics Track 2 Investor Track 3 & track4 Track 1 Device, Panels Workshops & Diagnostic & HCIT Asia Investor Panels Panels Ad-Hoc Meeting Area Breakfast & Lunch DINING 29 25 30 26 31 27 32 28 33 29 34 30 35 Breakfast / LunchBreakfast BUFFETS 37 28 24 27 23 26 22 25 21 24 20 23 19 22 exhibit hall 40 15 13 16 14 17 15 18 16 19 17 20 18 21 39 INNOVATION 14 12 13 11 12 10 11 9 10 8 9 7 8 EXHIBITORS CHALLENGE 36 38 FINALISTS 1 1 2 2 3 3 4 4 5 5 6 6 7 Partnering Check-in PARTNERING Forum Lunch BUFFETS Breakfast / Breakfast RESTROOM cocktail reception REGISTRATION content Welcome to RESI - - - - - - - - - - - - - - - 2 RESI Agenda - - - - - - - - - - - - - - - - - - 3 BOSTON RESI Innovation Challenge - - - - - - - 5 Exhibiting Companies - - - - - - - - - - 12 Track 1: Therapeutics Investor Panels - - - - - - - - - - - - - - - 19 Track 2: Device, Diagnostic, & HCIT Investor Panels - - - - 29 Track 3: Entrepreneur Workshops - - - - - - - - - - - - - - - - - - 38 Track 4: Asia-North America Workshop & Panels - - - - - - 41 Track 5: Partnering Forum - - - - - - - - - - - - - - - - - - - - - - - - 45 Sponsors & Media Partners - - - - - - - - - - - - - - - - - - - - - - - 46 1 welcome to resi On behalf of Life Science Nation (LSN) and our title sponsors WuXi AppTec and Johnson & Johnson Innovation JLABS, I would like to thank you for joining us at RESI Boston. LSN is very happy to welcome you all to Boston, the city where it all began, for our 14th RESI event.
    [Show full text]
  • Annual Report
    Building Long-term Wealth by Investing in Private Companies Annual Report and Accounts 12 Months to 31 January 2021 Our Purpose HarbourVest Global Private Equity (“HVPE” or the “Company”) exists to provide easy access to a diversified global portfolio of high-quality private companies by investing in HarbourVest-managed funds, through which we help support innovation and growth in a responsible manner, creating value for all our stakeholders. Investment Objective The Company’s investment objective is to generate superior shareholder returns through long-term capital appreciation by investing primarily in a diversified portfolio of private markets investments. Our Purpose in Detail Focus and Approach Investment Manager Investment into private companies requires Our Investment Manager, HarbourVest Partners,1 experience, skill, and expertise. Our focus is on is an experienced and trusted global private building a comprehensive global portfolio of the markets asset manager. HVPE, through its highest-quality investments, in a proactive yet investments in HarbourVest funds, helps to measured way, with the strength of our balance support innovation and growth in the global sheet underpinning everything we do. economy whilst seeking to promote improvement in environmental, social, Our multi-layered investment approach creates and governance (“ESG”) standards. diversification, helping to spread risk, and is fundamental to our aim of creating a portfolio that no individual investor can replicate. The Result Company Overview We connect the everyday investor with a broad HarbourVest Global Private Equity is a Guernsey base of private markets experts. The result is incorporated, London listed, FTSE 250 Investment a distinct single access point to HarbourVest Company with assets of $2.9 billion and a market Partners, and a prudently managed global private capitalisation of £1.5 billion as at 31 January 2021 companies portfolio designed to navigate (tickers: HVPE (£)/HVPD ($)).
    [Show full text]
  • Private Equity Spotlight January 2007 / Volume 3 - Issue 1
    Private Equity Spotlight January 2007 / Volume 3 - Issue 1 Welcome to the latest edition of Private Equity Spotlight, the monthly newsletter from Private Equity Intelligence, providing insights into private equity performance, investors and fundraising. Private Equity Spotlight combines information from our online products Performance Analyst, Investor Intelligence and Funds in Market. FEATURE ARTICLE page 01 INVESTOR SPOTLIGHT page 10 Overhang, what overhang? The favourable market and difficulty of getting allocations to With 2006’s $404 billion smashing all previous records for top quartile funds has led to increased LP interest in Asian private equity fund raising, some commentators are suggesting focused funds. We look at LPs investing in these funds. that there is now an ‘overhang’ of committed capital that the industry may struggle to invest. The facts suggest otherwise. • How do LPs perceive Asian focused funds? PERFORMANCE SPOTLIGHT page 05 • Who is making the most Growth in distributions to LPs and the rate of call-ups are significant investments? driving the fundraising market. Performance Spotlight looks at the trends. • Which types of investor are the most active? FUND RAISING page 06 After a record breaking year for fundraising in 2006, we • How much is being committed examine the latest news for venture and buyout funds, as well to the region? as examining the market for first-time fund vehicles. No. of Funds on INVESTOR NEWS page 12 US Europe ROW Road All the latest news on investors in private equity: Venture 202 97 83 382 • State of Wisconsin Investment Board posts high returns Buyout 100 48 36 184 boosted by its private equity portfolio Funds of Funds 65 47 12 124 • Somerset County Council Pension Fund seeks new fund of Other 129 31 42 202 funds manager • LACERA looks for new advisor Total 496 223 173 892 • Indiana PERF is set to issue real estate RFPs SUBSCRIPTIONS If you would like to receive Private Equity Spotlight each month • COPERA close to appointing new alternatives chief.
    [Show full text]
  • DENVER CAPITAL MATRIX Funding Sources for Entrepreneurs and Small Business
    DENVER CAPITAL MATRIX Funding sources for entrepreneurs and small business. Introduction The Denver Office of Economic Development is pleased to release this fifth annual edition of the Denver Capital Matrix. This publication is designed as a tool to assist business owners and entrepreneurs with discovering the myriad of capital sources in and around the Mile High City. As a strategic initiative of the Denver Office of Economic Development’s JumpStart strategic plan, the Denver Capital Matrix provides a comprehensive directory of financing Definitions sources, from traditional bank lending, to venture capital firms, private Venture Capital – Venture capital is capital provided by investors to small businesses and start-up firms that demonstrate possible high- equity firms, angel investors, mezzanine sources and more. growth opportunities. Venture capital investments have a potential for considerable loss or profit and are generally designated for new and Small businesses provide the greatest opportunity for job creation speculative enterprises that seek to generate a return through a potential today. Yet, a lack of needed financing often prevents businesses from initial public offering or sale of the company. implementing expansion plans and adding payroll. Through this updated resource, we’re striving to help connect businesses to start-up Angel Investor – An angel investor is a high net worth individual active in and expansion capital so that they can thrive in Denver. venture financing, typically participating at an early stage of growth. Private Equity – Private equity is an individual or consortium of investors and funds that make investments directly into private companies or initiate buyouts of public companies. Private equity is ownership in private companies that is not listed or traded on public exchanges.
    [Show full text]
  • PEI Investor Relations, Marketing & Communications Forum 2019
    June 19-20 | Convene, 730 Third Ave | New York Attendee list A.P. Moller Capital Bain Capital C-Bridge Capital Partners FTV Capital ACME Capital Banner Real Estate Group CCMP Capital Advisors Further Capital Partners Actis Barings Centerbridge Partners GCM Grosvenor Advent International Basis Investment Group Cerberus Capital Management General Atlantic AE Industrial Partners Battery Ventures Charlesbank Capital Partners General Catalyst Partners AEA Investors BBH Capital Partners The Chauncey F. Lufkin III Gennx360 AEW Capital Management BC Partners Foundation Genstar Capital AIMA The Beach Company The City of New York, Finance Global Infrastructure Partners Alcentra Berkshire Partners Civitas Capital Grain Management Alcion Ventures Bernhard Capital Partners Coller Capital Gryphon Investors Allianz Capital Partners Bicknell Family Holding Cornell Capital GTCR Altor Equity Partners Company Court Square Capital Partners Halstatt American Securities Bison Crescent Capital Group Hamilton Lane AMP Capital BKM Capital Partners CRV Hammes Angelo Gordon Blackstone Cypress Real Estate Advisors Hammond, Kennedy, Whitney Antares Capital Blue Heron Asset Managment Denham Capital & Co Apollo Global Management Blue Water Energy Duff & Phelps Hancock Capital Management ARC Financial Corp Bridge Investment Group Dyal Capital Partners Harvard Management Company ArcLight Capital Partners BroadVail Capital Edelman HCI Equity Partners Argosy Capital Brook Venture Partners EnCap Investments HGGC Arroyo Energy Investment Brookfield Asset Management EQT Partners
    [Show full text]
  • Private Equity in Healthcare – an Updated Review of Selected Niche Investment Areas
    Private Equity in Healthcare – An Updated Review of Selected Niche Investment Areas SCOTT BECKER, PARTNER HOLLY BUCKLEY, PARTNER 312-750-6016 | [email protected] 312-849-3687 | [email protected] 77 West Wacker Drive, Suite 4100 77 West Wacker Drive, Suite 4100 Chicago, IL 60601-1818 Chicago, IL 60601-1818 ALYSSA C. CAMPBELL, ASSOCIATE GEOFFREY C. COCKRELL, PARTNER 312-750-3510 | [email protected] 312-849-8272 | [email protected] 77 West Wacker Drive, Suite 4100 77 West Wacker Drive, Suite 4100 Chicago, IL 60601-1818 Chicago, IL 60601-1818 ERIN E. DINE, ASSOCIATE TIMOTHY J. FRY, ASSOCIATE 312-750-3524 | [email protected] 312-750-8659 | [email protected] 77 West Wacker Drive, Suite 4100 77 West Wacker Drive, Suite 4100 Chicago, IL 60601-1818 Chicago, IL 60601-1818 JULIE K. LETWAT, COUNSEL AMANDA K. ROENIUS, ASSOCIATE 312-750-2777 | [email protected] 312-849-8157 | [email protected] 77 West Wacker Drive, Suite 4100 77 West Wacker Drive, Suite 4100 Chicago, IL 60601-1818 Chicago, IL 60601-1818 AMBER MCGRAW WALSH, PARTNER BART WALKER, PARTNER 312-750-3596 | [email protected] 704-343-8923 | [email protected] 77 West Wacker Drive, Suite 4100 201 North Tryon Street, Suite 3000 Chicago, IL 60601-1818 Charlotte, NC 28202 October 7, 2019 www.mcguirewoods.com McGuireWoods marketing communications are intended to provide information of general interest to the public. Marketing communications are not intended to offer legal advice about specific situations or problems. McGuireWoods does not intend to create an attorney-client relationship by offering general interest information, and reliance on information presented in marketing communications does not create such a relationship.
    [Show full text]
  • The 2018 Preqin Private Capital Fund Terms Advisor – Sample Pages
    THE 2018 PREQIN PRIVATE CAPITAL FUND TERMS ADVISOR – SAMPLE PAGES 1. EXECUTIVE SUMMARY Fig. 1.1: Annual Global Private Capital Fundraising, 2000 - 2018 YTD (As at June 2018) 2,500 2,307 2,340 2,044 1,945 2,000 1,855 1,632 1,642 1,659 nvestors remain satisfied with private The opaque nature of private capital 1,570 1,500 1,424 capital, with fundraising in 2017 surpassing investments makes it consistently difficult 1,333 I 1,183 1,118 the $800bn mark for the first time on record for a consensus or benchmark to be reached 1,000 921 (Fig. 1.1). More capital was also distributed across the industry. Unique features change 811 768 848 667 688 712 669 700 across fewer funds, resulting in the average the profile of a given fund, and greatly 605 583 547 587 575 500 387 451 fund size growing to $507mn in 2017 affect how fees are set out and levied. 2017 365 327 322 274 239 172 222 compared to $411mn in 2016. This suggests once again saw greater movement towards 135 106 that competition in the market remains transparency throughout the industry, as 0 fierce and that managers will need to ensure voiced by many investors interviewed by 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 they are continually providing satisfaction Preqin during the course of the year. It is to and striving for an alignment of interests clear at this point that the momentum is 2018 YTD Year of Final Close with their LPs.
    [Show full text]
  • Semi-Annual Market Review
    Semi-Annual Market Review HEALTH IT & HEALTH INFORMATION SERVICES JULY 2019 www.hgp.com TABLE OF CONTENTS 1 Health IT Executive Summary 3 2 Health IT Market Trends 6 3 HIT M&A (Including Buyout) 9 4 Health IT Capital Raises (Non-Buyout) 14 5 Healthcare Capital Markets 15 6 Macroeconomics 19 7 Health IT Headlines 21 8 About Healthcare Growth Partners 24 9 HGP Transaction Experience 25 10 Appendix A – M&A Highlights 28 11 Appendix B – Buyout Highlights 31 12 Appendix C – Investment Highlights 34 Copyright© 2019 Healthcare Growth Partners 2 HEALTH IT EXECUTIVE SUMMARY 1 An Accumulating Backlog of Disciplined Sellers Let’s chat about fireside chats. The term first used to describe a series of evening radio addresses given by U.S. President Franklin D. Roosevelt during the Great Depression and World War II is now investment banker speak for “soft launches” of sell-side and capital raise transactions. Every company has a price, and given a market of healthy valuations, more companies are testing the waters to find out whether they can achieve that price. That process now looks a little more informal, or how you might envision a fireside chat. Price (or valuation) discovery for a company can range from a single conversation with an individual buyer to a full-blown auction with hundreds of buyers and everything in between, including a fireside chat. Given the increasing share of informal conversations, the reality is that more companies are for sale than meets the eye. While the healthy valuations publicized and press-released are encouraging more and more companies to price shop, there is a simultaneous statistical phenomenon in perceived valuations that often goes unmentioned: survivorship bias.
    [Show full text]
  • Execution Copy DRI HEALTHCARE TRUST
    Execution Copy DRI HEALTHCARE TRUST AMENDED AND RESTATED DECLARATION OF TRUST Amended and Restated as of February 19, 2021 LEGAL_1:66044370.1 Article 1 THE TRUST AND DEFINITIONS ................................................................................ 2 1.1 Definitions and Interpretation ............................................................................. 2 1.2 Tax Act .............................................................................................................. 7 1.3 Day Not a Business Day .................................................................................... 7 1.4 Time of Essence ................................................................................................ 7 Article 2 DECLARATION OF TRUST ........................................................................................ 7 2.1 Establishment of the Trust ................................................................................. 7 2.2 Initial Contribution .............................................................................................. 8 2.3 Name ................................................................................................................. 8 2.4 Use of Name ...................................................................................................... 8 2.5 Office ................................................................................................................. 8 2.6 Nature of the Trust ............................................................................................
    [Show full text]
  • Private Equityspotlight
    Spotlight Private Equity www.preqin.com May 2010 / Volume 6 - Issue 5 Welcome to the latest edition of Private Equity Spotlight, the monthly newsletter from Preqin providing insights into private equity performance, investors and fundraising. Private Equity Spotlight combines information from our online products Performance Analyst, Investor Intelligence, Fund Manager Profi les, Funds in Market, Secondary Market Monitor and Deals Analyst. Secondaries in 2010 Feature Spotlight Fundraising Spotlight page 3 page 13 Secondaries in 2010 This month’s Fundraising Spotlight looks at buyout, venture and cleantech fundraising. There was expectation across the industry that there would be heightened activity on the secondary market in 2009. This month’s Feature Article examines why this never materialized Secondaries Spotlight page 16 and looks at what 2010 has in store for the secondary market. We look at statistics from Preqin’s industry-leading product, Secondary Market Monitor, and uncover the latest secondaries news. Performance Spotlight page 6 Secondaries Funds of Funds Investor Spotlight page 17 This month’s Performance Spotlight looks at private equity secondaries funds. This month’s Investor Spotlight examines investors’ attitudes towards the secondary market. Fund Manager Spotlight page 8 Conferences Spotlight page 19 This month’s Fund Manager Spotlight reveals which US states This month’s Conferences Spotlight includes details of upcoming have the most private equity fi rms and capital. events in the private equity world. Deals Spotlight Investor News page 10 page 21 This month’s Deals Spotlight looks at the latest buyout deals and Preqin’s latest product - Deals Analyst. All the latest news on private equity investors including • Abu Dhabi Investment Authority What would you like to see in Private Equity Spotlight? Email us at: [email protected].
    [Show full text]