SecondaryLink’s Post

I’m excited to share that Sidley has received six investment funds-focused practice rankings in Chambers USA 2024. Thank you to our clients who have recognized us for our work in the Derivatives, Hedge Funds, Investor Representation, Regulatory and Compliance, Private Equity: Fund Formation, and Registered Funds areas. We look forward to continuing to work with you to navigate the legal landscape of the asset management and investment funds industry and strengthen your firms. #sidleyinvestmentfunds #sidleyprivatefunds #investmentfunds #privatefunds

A recent change by the UK’s HM Revenue & Customs in the guidance on LLP structure is impacting private equity fund managers. Angus Wilson and Lewin Higgins-Green explore these updates and their effects on PE businesses in the UK: https://lnkd.in/edp3b3xZ #PrivateEquity

AssetMark can’t wait to meet #financialadvisors attending Park Avenue Securities Wealth Management Academy in #Denver this week. If you’re there, our own Ryan Evans and Josh Fey, CIMA® will be onsite to learn more about what your business challenges are and how #AssetMark may be able to help. #wealthmanagement #ParkAvenueSecurities

“The team’s focus is on quality UK businesses and it is prepared to hold large positions of favoured businesses. M&A has been a material catalyst of returns for the fund in recent years.” 💬   Hawksmoor Investment Management’s Daniel Lockyer and Fairview Investing's Gavin Haynes highlight Gresham House UK Multi Cap Income fund and Downing Fund Managers' Simon Evan-Cook notes Gresham House UK Smaller Companies fund in the funds they think are set to benefit from M&A activity in an article for Trustnet. The team apply a #privateequity approach to #publicmarket investing and focus on holding large positions in their favoured quality UK businesses, backed by a strong private equity team and external network. Ken Wotton Brendan Gulston Cassie Herlihy David Bickerstaffe George Karidis https://lnkd.in/eYvS8TN7 #ukequities #uksmallers | Capital at risk. Not an investment recommendation.

#FundManagerNews 🗞 John Pattullo, Co-Head of Global Bonds at Janus Henderson, will retire in March 2025 after 27 years at the firm. Jenna Barnard, his co-head since 2015, will take over. Nicholas Ware, portfolio manager, will join Barnard. Read further 👉https://lnkd.in/eSAcchDS If this affects you and you’d like to discuss our opinion on this fund and how it may or may not continue to fit your investment goals or risk tolerance, please call us on 01420 83517 or email [email protected] #fundmanagement#investments#investing

#FundManagerNews 🗞Jupiter’s UK Special Situations Fund Manager, Ben Whitmore, is set to leave the firm in the summer of 2024 to launch a new value equities boutique.  Whitmore has been running monies for over two decades and currently manages over £4.5 billion of funds and mandates. Read further 👉 https://lnkd.in/eaedAFxn If this affects you and you’d like to discuss our opinion on this fund and how it may or may not continue to fit your investment goals or risk tolerance, please call us on 01420 83517 or email [email protected] #fundmanagement #investments #investing

#FundManagerNews🗞 Paul Schofield has been named the lead manager of the £7bn Royal London Global Equity Diversified fund, taking over from CIO Piers Hillier, who will remain focused on global equities. Schofield, formerly Co-Head of Global Equity at Goldman Sachs, will be supported by Deputy Manager Matt Burgess and Finn Provan. Read further 👉 https://lnkd.in/eSSSv8FS If this affects you and you’d like to discuss our opinion on this fund and how it may or may not continue to fit your investment goals or risk tolerance, please call us on 01420 83517 or email [email protected] #fundmanagement#investments#investing

https://lnkd.in/gduC__U2 Ripper Monday scoop by Street Talker Kanika Sood ! Deal junkie Regal Partners is mulling an offer for Platinum Asset Management and is working with Barrenjoey on a #scrip based #takeover proposal. Jefferies is on the tools for Platinum. The Australian Financial Review Emma Rapaport Kylar Loussikian #mergersandacquisitions #dealmakers #capitalmarkets #asxnews

Lots of food for thought from the Alternative Funds Summit organised earlier this week by Kirkland & Ellis and Houlihan Lokey, with the panel on GP stakes being particularly topical in the context of some sizable deals announced recently. This has been a pretty well-established practice in the US for some time now, but the consensus was that appetite is growing to take on this kind of investment among European firms. Unsurprisingly this is driven in large part by some of the success stories we’ve seen across the pond, encouraging senior partners to consider selling a stake, but we also heard that this is sometimes being instigated by the younger generation, looking towards succession planning and securing the next growth phase of the business. A question remains over what this means for consolidation in the private equity sector longer-term; particularly around how, and how fast, this is going to happen, and how many of the roughly 11,000 GP sponsors active today will still be around in ten years' time. Thanks Joseph Anthony Lombardo, Andrew Laurino, GURJIT KAMBO, Lavon-Krein Daniel and James King for sharing your insights. #privateequity #investing #privatemarkets

How Multigenerational Family Vacations Can Strengthen Your Family’s Legacy https://hubs.ly/Q02Grghd0 *Investment Advisory Services offered through Private Wealth Asset Management, LLC. #FinancialLiteracy #GenerationalWealth #PWAM #privatewealth