PRIVATE CAPITAL PLACEMENT AENTS PRIVATE CAPITAL …

[Pages:3]PRIVATE CAPITAL PLACEMENT AGENTS

PRIVATE CAPITAL PLACEMENT AGENTS

We analyze the activity of placement agents servicing private capital funds closed so far in 2018 and those that are currently raising capital, as well as provide breakdowns of placement agent activity by asset class, fund size and more.

Fig. 1: Prominent Placement Agents Servicing Private Capital Funds Closed in 2018 YTD (As at May 2018)

Firm

Credit Suisse Private Fund Group Eaton Partners Park Hill Group Rede Partners MVision Private Equity Advisers Evercore Private Funds Group First Avenue UBS Investment Bank Private Funds Group Champlain Advisors Equus Financial Consulting Sixpoint Partners M2O Private Fund Advisors Picton LarrainVial Greenstone Equity Partners Selinus Capital KB Investment & Securities Principle Advisory Services Growth Capital Services Park Madison Partners

No. of Known Private Capital Funds Closed 8 5 5 4 4 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2

Capital Raised by Known Private Capital Funds Closed ($bn)

12.7 5.9 3.5 8.0 0.8 11.9 3.6 1.8 1.6 1.4 1.3 1.3 20.2 9.5 8.7 4.9 4.2 2.5 1.5 1.4

Source: Preqin

Fig. 2: Prominent Placement Agents Servicing Private Capital Funds in Market (As at May 2018)

Firm

Park Hill Group Mercury Capital Advisors Eaton Partners Asante Capital Group Lazard Private Capital Advisory Credit Suisse Private Fund Group UBS Investment Bank Private Funds Group Evercore Private Funds Group Campbell Lutyens Jade Advisors MVision Private Equity Advisers First Avenue Trinity Group Alternative Assets JP Morgan Securities Inc. Monument Group Probitas Partners BerchWood Partners TCG Securities Atlantic-Pacific Capital Citi International Fund Distribution Capstone Partners

No. of Known Private Capital Funds in Market 16 15 15 13 12 11 11 9 9 9 8 8 7 7 7 7 7 6 6 6 6

Capital Targeted by Known Private Capital Funds in Market ($bn)

20.1 11.4 7.4 5.2 7.1 10.7 7.0 15.7 14.5 4.0 8.0 3.8 11.2 3.2 2.9 2.7 1.9 27.7 6.1 5.4 5.3

Source: Preqin

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PRIVATE CAPITAL PLACEMENT AGENTS

Fig. 3: Prominent Placement Agents Servicing First-Time Private Capital Funds Closed in 2018 YTD (As at May 2018)

Firm

UBS Investment Bank Private Funds Group Eaton Partners Principle Advisory Services Credit Suisse Private Fund Group Raymond James Bury Street Capital Brookvine Rede Partners Growth Capital Services CrossBay Capital Partners Equus Financial Consulting Moelis & Company Private Funds Advisory Compass International Advisors Far Hills Group Hamilton Miller Investments LLC

No. of Known First-Time Private Capital Funds Closed

1

1 1 1 1 1 1 1 1 1 1

1

1 1 1

Source: Preqin

Fig. 4: Prominent Placement Agents Servicing First-Time Private Capital Funds Currently in Market (As at May 2018)

Firm

Park Hill Group UBS Investment Bank Private Funds Group BerchWood Partners M2O Private Fund Advisors Atlantic-Pacific Capital Lazard Private Capital Advisory Fortress Group Acalyx Advisors Brooklands Capital Strategies Monument Group Probitas Partners Campbell Lutyens TMR Strategic CapEos Equus Financial Consulting

No. of Known First-Time Private Capital Funds in Market 4

4

3 3 2 2 2 2 2 2 2 2 2 2 2

Source: Preqin

Fig. 5: Prominent Placement Agents Servicing the Largest Private Capital Funds Closed in 2018 YTD (As at May 2018)

Fund

EQT VIII BC European Cap X Starwood Global Opportunity Fund XI GSO Capital Solutions Fund III Blackstone Real Estate Partners Asia II American Securities Partners VIII

PAI Europe VII

Copenhagen Infrastructure III Broad Street Real Estate Credit Partners III Clearlake Capital Partners V

Fund Type

Buyout Buyout Real Estate Distressed Debt Buyout Real Estate

Buyout

Infrastructure Real Estate

Special Situations

Placement Agent(s) Used

Picton Greenstone Equity Partners, Heungkuk Securities, HMC

Roam Capital Compass Group, IBK Securities, JP Morgan Securities Inc.

-Picton Ark Totan Alternative, Evercore Private Funds Group, LarrainVial, Rede Partners Eaton Partners, Selinus Capital Goldman Sachs Credit Suisse Private Fund Group

Final Close Size (mn)

10,750 EUR 7,000 EUR 7,600 USD 7,356 USD 7,000 USD 7,000 USD

5,000 EUR

3,500 EUR 4,200 USD 3,600 USD

Source: Preqin

Proportion of Funds Utilizing Placement Agents

Private Equity & Venture Capital Private Debt Real Estate

Infrastructure & Natural

Resources Proportion of Funds

Fig. 6: Placement Agent Use by Private Capital Funds by Asset Class and Date of Final Close (As at May 2018)

100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%

80%

68%

72%

52% 53% 53% 58% 47% 51% 42% 44%

47%

Funds Closed 2000-2018 YTD

Funds Closed 2018 YTD

Funds Currently in Market

Asset Class

Source: Preqin

Fig. 7: Fundraising Success of Private Capital Funds Closed in 2018 YTD by Placement Agent Use and Manager Experience (As at May 2018)

100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%

23%

43%

41%

68% 38%

21%

26%

36%

38%

18%

33%

13%

Placement Placement Placement Placement

Agent Used Agent Agent Used Agent

Not Used

Not Used

Above Target On Target Below Target

First-Time Managers Established Managers

Source: Preqin

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PRIVATE CAPITAL PLACEMENT AGENTS

Fig. 8: Prominent Placement Agents Servicing Private Capital Funds Closed in 2018 YTD by Asset Class (As at May 2018)

Private Equity & Venture Capital Rede Partners

Credit Suisse Private Fund Group Park Hill Group

UBS Investment Bank Private Funds Group Sixpoint Partners

MVision Private Equity Advisers Eaton Partners Picton

Evercore Private Funds Group Greenstone Equity Partners

Private Debt Credit Suisse Private Fund Group

First Avenue JP Morgan Securities Inc.

Compass Group IBK Securities

Samsung Securities Banca IMI

Principle Advisory Services Rede Partners

Growth Capital Services

Real Estate Park Madison Partners

Park Hill Group Accord Capital Partners

Roam Capital Goldman Sachs

LarrainVial KB Investment & Securities

First Avenue Champlain Advisors

Selinus Capital

Infrastructure & Natural Resources Eaton Partners

Credit Suisse Private Fund Group Champlain Advisors Selinus Capital Campbell Lutyens

Evercore Private Funds Group Magenta Capital Services KB Investment & Securities Teneo Partners Asante Capital Group

Source: Preqin

Fig. 9: Prominent Placement Agents Servicing Private Capital Funds Closed in 2018 YTD by Primary Geographic Focus (As at May 2018)

North America Credit Suisse Private Fund Group

Eaton Partners Park Hill Group Champlain Advisors Equus Financial Consulting Sixpoint Partners M2O Private Fund Advisors KB Investment & Securities

First Avenue Park Madison Partners

Europe Rede Partners Credit Suisse Private Fund Group Evercore Private Funds Group Selinus Capital Growth Capital Services Park Hill Group

Picton Greenstone Equity Partners

Heungkuk Securities HMC

Asia-Pacific BTIG

Principle Advisory Services UBS Investment Bank Private Funds Group

Atlantic-Pacific Capital Brookvine

Wise Capital Limited Greenstone Equity Partners

CrownRock Partners Compass International Advisors

Hollister Associates

Source: Preqin

Fig. 10: Prominent Placement Agents Servicing Private Capital Funds Closed in 2018 YTD by Fund Size (As at May 2018)

Less than $149mn Thomas Investment

Partners SAS Sixpoint Partners FocusPoint Private

Capital Group Eaton Partners GCA Advisors Private Funds Group Orchard Securities Hollister Associates

Avec Capital

XT Capital Partners Crito Capital

$150-499mn M2O Private Fund Advisors

Eaton Partners

Rede Partners Moelis & Company Private Funds Advisory Equus Financial Consulting CrossBay Capital Partners

Park Hill Group Hamilton Miller Investments LLC

Konomi Principle Advisory Services

$500-749mn

Champlain Advisors

Sixpoint Partners

Quest Fund Placement

Monument Group

Park Hill Group Selinus Capital UBS Investment Bank Private Funds Group

POLARIS Investment Advisory

Credit Suisse Private Fund Group M2O Private Fund Advisors

$750-999mn First Avenue Park Madison Partners Park Hill Group KB Investment & Securities Teneo Partners Equus Financial Consulting Karroo Capital EdgeLine Capital Partners

ISP Group Paxstone Capital

$1bn or More Credit Suisse Private Fund Group Evercore Private Funds Group

Picton

LarrainVial

Rede Partners First Avenue Greenstone Equity Partners

Heungkuk Securities

HMC Roam Capital

Source: Preqin

Unless otherwise noted, firms are included in tables based on number of known funds serviced within the given criteria. In the event of a tie, firms with the same number of known fund clients will be ranked according to the funds' aggregate value.

CONTACT US

We hope that you find the data in this report useful and welcome any feedback you may have. If you would like to learn more about the methodology used or share data for our future reports, please contact info@ or get in touch with your account manager.

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