Adam Turtle, co-founder and partner at placement agent Rede Partners, joins the podcast to discuss the firm's journey over its first decade and the main trends in the European fundraising landscape.
Amid an increasingly bifurcated fundraising market in which the biggest GPs gather up the vast majority of capital, how can debut funds and smaller private equity managers lure commitments from LPs? How has the role of placement agents evolved, and how can they continue to mature with the market? And how are secondaries helping to redefine PE's attractiveness? Our guest unpacks all this, and more, with Unquote editor Greg Gille.
0:00 – Intro
8:34 – The evolution of the placement model
20:22 – Fundraising's future
30:11 – Secondaries update
Theme music: ©2012 Kick Up The Fire
GP is backing the heating systems firm via Capiton VI, which is on the road with a EUR 550m target
Software investor Main Capital acquired the banking and insurance digitalisation platform in 2015
Schroders' Institutional Investor Study surveyed 750 investors in February and March 2021
GPs are clearly looking to seize the initiative and clear out portfolios amid a general push to ink deals on the buy-side