Cowbell’s Post

Hi investors, for all of you who invested in Polaris before September 30, your Q3 dividends are on their way! 💸 We're thrilled to have you on this journey with us, and we can’t wait to share Polaris' performance for Q3. #Fundhomes #DividendUpdate #PolarisInvestment #RealEstateInvesting #PassiveIncome

Will continuation vehicles eat funds for breakfast? As continuation vehicles increase in size and the market becomes ever more liquid for the highest quality assets, and sponsors, a natural question is: what does this trend mean for alternatives? This will divide opinion, but a very robust CV market presents risk for LPs only investing in closed-ended, blind pool funds. GPs will increasingly be able to take their best assets out of funds and hold them for longer in single asset structures, while slower-burn portfolio companies stay put in traditional funds. Over time, GPs will increasingly look like conglomerates. How long until we see a mid-market US or European GP with 2/3 of its capital represented by 3-5 large continuation vehicles? For LPs however, there's an opportunity to build a portfolio of high quality, large direct positions, accessed through existing fund relationships, with very low blind pool risk. It may well be that funds become efficient origination vehicles for both GPs and LPs to identify the best assets that they want to hold for 5+ years outside of traditional fund structures. #privateequity #secondaries #continuationvehicles #alternatives #emergingmanagers

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors

Jack Seibald, Michael Rosen and Paolo Tonucci highlight how Marex's comprehensive services differentiate us from competitors in this short video on the benefits of the Cowen Prime Brokerage acquisition. "Few companies outside the large investment banks can provide the complete spectrum of services we offer. We believe our service will be highly attractive to a broad community of asset managers and financial market firms." #CapitalMarkets #PrimeBrokerage #OutsourcedTrading #FinancialServices #TeamMarex #Marex

Check out this video featuring Michael Rosen, Paolo Tonucci and me. In this first video, we delve into the world of Marex and the transformative impact of our recent transaction. "Very few companies outside of large investment banks can provide the whole spectrum of services from execution to trade reporting and analysis. Our service will be very attractive to a large community of asset managers, hedge funds and financial market firms." #CapitalMarkets #PrimeBrokerage #OutsourcedTrading #FinancialServices #TeamMarex #Marex

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors

Matt Gilbert of Thoma Bravo and Bill Cooling of TSG Consumer Partners joined Golub Capital’s Matthew Fulk and Mindy Naylor at our 2024 Investor Conference to discuss their firms' key differentiators, their respective experiences partnering with Golub Capital on transactions and how their firms continue to evolve in an increasingly competitive deal environment. #privateequity #privatecredit #investors