AFINUE’s Post

Exciting times ahead

As Lazarus eagerly awaits the 2024/25 season, we are pleased to share some highlights from the Lazarus Capital Partners 18-footers skiff racing team from the 2023/24 season. In a similar way to it being important to have a skilled crew in rough waters, it is also important for asset managers to have the support and access to global markets which they require for success. Lazarus offers award-winning institutional services combined with a team dedicated to customising our prime broking, custody, and FX offerings to meet the individual needs of asset managers, helping them to achieve success. #LazarusCapitalPartners #18FootSkiffRacing #PrimeBroking #Custody #FXSolutions #AssetManagement 

2024 will be a year of zombie VCs which refer to those VCs who no longer have the money to invest. They have exhausted all their funds and are unable to raise new rounds. The Zombie VCs exist only on paper. #zombievc #zombies #vcfunding #vc #drypowder #broke #venturecapital #limitedpartners #2024outlook

SPAC Feed: A-Rod Moves Lynk Deal as Shrinking $80K-a-Month SPAC Perseveres  Sportico Source: A-Rod Moves Lynk Deal as Shrinking K-a-Month SPAC Perseveres –… - https://lnkd.in/gaErgWky #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business

Well it doesn’t get any better than having an opportunity to speak with David Golub, President of Golub Capital. Not only is Golub Capital an industry leader but David has been in private credit from the start. He shares his insights into the state of the private credit market in our extended conversation. If you’re an investor in private credit (or just interested in private markets), you’ll want to listen to this episode of Private Market Talks!

🤯 The genesis for what ultimately became Fifth Wall came from reading about a jaw-dropping deal in The Wall Street Journal: Blackstone's real estate group (where I had worked) invested in VTS. This article → https://lnkd.in/e9HQUfue I remember reading about it in the and was like, "Holy...this is an amazing deal on so many levels." Blackstone, the biggest name in real estate, is going to play kingmaker for this company. An investment from Blackstone - Gave VTS a competitive age against another software business - Sends a signal to the rest of the industry to adopt them This deal totally inspired Fifth Wall's unique model of venture capital, taking in non-traditional investors (real estate owners and operators who were the largest customers of the technology we were investing in). Fifth Wall eventually piled on and invested in VTS...but congrats to Nick and Ryan and the whole team over at VTS because this deal was awesome to see. #proptech #lessonslearned #venturecapital

What carry % is market for direct deals? McGuireWoods LLP data suggests that 61% of all direct deals used tiered carry structures. For processes with "straight carry" i.e. no tiering, 20-25% carry is by far and away the most common, in 58% of cases. #directdeals #fundlesssponsor #independentsponsor #privateequity #pe #venturecapital #vc #alternatives Ternion

And like buses… https://lnkd.in/dDHbS2dt Starwood have “scooped” for Balanced Commercial… Interesting times indeed! 🤔✌️🕊️👍🇬🇧 #property #valuation #assets #takeovers #mergers #acquisitions #corporateactivity #media #socialmedia

Check out our latest episode of Private Market Talks with David B. Golub, discussing where the private credit markets are today and where they’re headed.

Blackstone has been confirmed as the new #owner of #Hipgnosis Songs Fund, after winning a $1.584 billion bid from HSF shareholders. The deal, which required at least 75% of voting shares, was approved by 99.97% of the #Scheme Shares. Hedge funds that owned shares in Hipgnosis Songs Fund included #TIG, Glazer Capital, LLC, Kryger Capital, and Sand Grove Capital Management LLP. Blackstone's bid for HSF is for the company's equity, with an enterprise value of around $2.20 billion. Following the acquisition, Blackstone will own two Hipgnosis-branded song portfolios: Hipgnosis Songs Fund (HSF) and Hipgnosis Songs Capital aka Hipgnosis Songs Assets (HSA). Both HSF and HSA continue to work closely with Hipgnosis Song Management, run by CEO Benjamin Katovsky. Blackstone is acquiring Hipgnosis Songs Fund via Lyra Bidco Ltd, financed by equity #investment from funds advised by affiliates of Blackstone.