…Let’s Talk Private Equity Secondaries with Dr. Marco Wulff
Manage episode 418154245 series 3568743
Dr. Marco Wulff, CEO, Managing Partner, and co-founder of Montana Capital Partners AG, discusses the advantages and challenges of the private equity secondary market, global prospects, and the recent explosive growth of this private investment strategy.
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Key Takeaways:
Diverse Opportunities of Secondaries [2:58]
Liquidity in Private-Equity Secondaries [5:33]
Advantages and Risks of Alternatives [7:03]
U.S., European, and Asia Market Potential [10:05]
Three Factors Affect Leverage Strategies [13:33]
Find Out More About Alternative Investing:
realestate.investorservices.emea@pgim.com
Shareables:
“If you look at the two main actors in the private equity industries on the limited partner side, the lack of distribution leads to difficulties and the refinancing of the commitment they already made.” — Dr. Marco Wulff, CEO, Managing Partner, and co-founder of Montana Capital Partners AG #investing
“Because you buy assets, in our case, that are four to seven years old, you are much further down the road in the lifetime of the fund. So, the distributions are coming on much earlier.” — Dr. Marco Wulff, CEO, Managing Partner, and co-founder of Montana Capital Partners AG #valueadd
“You have to make sure that you get compensated for the additional political risks, the forex risk, and manager risk with a higher return.” — Dr. Marco Wulff, CEO, Managing Partner, and co-founder of Montana Capital Partners AG #institutionalinvesting
“The secondary market is really reinventing itself and innovating quite consistently. I think there is very healthy growth coming in 2024-25.” — Dr. Marco Wulff, CEO, Managing Partner, and co-founder of Montana Capital Partners AG #alternativeinvesting #PGIMalts
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