Paul Jeroen van de Grampel

Cortex Partners LLP are delighted to launch the sale of The Seofon Portfolio. A portfolio of seven highly reversionary trade and industrial assets. The salient details are as follows: - The portfolio boasts prime locations within robust markets in the key regions. Specifically, 54% of the income is derived from the South East, 26% from the West Midlands, 9% from Yorkshire and 11% from the North West - The portfolio totals 417,893 sq ft across 77 units - Six assets are held freehold with one held long leasehold - The portfolio provides a headline income of £4,026,004 per annum, equating to a very low average rent of £9.59 per sq ft - Let to a diverse tenant base with c.20% of the income secured to national trade occupiers - Attractive income profile with 84% of income secured to tenants rated as very low risk/low risk by CreditSafe - WAULT of 4.2 years to expiry and 3.3 years to break - The portfolio is 97.5% let with only two fully refurbished, vacant units both currently being marketed - The portfolio is highly reversionary, with existing evidence across the estates proving the reversionary potential. Furthermore, strong levels of rental growth are forecast in each location adding to these established rental tones - A variety of opportunities exist for sustained rental income enhancement across the portfolio with c.50 lease events within the next 3.5 years, of which 29 are lease expiries, 40% being outside the act   We have been instructed to seek offers in excess of £68,500,000 (sixty-eight million five hundred thousand pounds), subject to contract and exclusive of VAT. A purchase on an asset basis at this level reflects a net initial yield of 5.50%, a potential reversionary yield of 7.21% and a low capital value of £164 psf, assuming standard purchaser’s costs of 6.80%. A purchase of the corporate entities is available by separate negotiation.   Should you require any further information or full marketing details, please do not hesitate to contact Ryan Meader, Tim Cuzens or Jonnie Ray.

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How will the non-compete ban affect recruitment? Rupert Bell, Head of DACH, recently spoke to Private Equity International about the recent FTC ban on non-competes He believes that this won't be too much of a concern from a recruitment standpoint, as non-compete agreements aren't advantageous for hiring or retaining staff Read his thoughts below #privateequity #noncompetes #recruitment

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Some very interesting themes coming out of AlixPartners’ 19th Annual Turnaround and Transformation Survey where more than 700 of the world’s restructuring experts and executives tell us that: - the cost of capital is still the biggest factor driving company distress; - Germany is the region where businesses are most likely to face distress in 2024; - commercial real estate, retail and automotive are the global sectors most likely to face distress in 2024; and - sufficient liquidity/capital, cost reductions, Management's flexibility/agility are the most common challenges seen for companies facing a turnaround or transition. To see the full results of the survey and read AlixPartners' perspective, download the full report now: https://lnkd.in/ePfdPRph #WhenItReallyMatters, #restructuring, #alixpartners

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NAV finance is increasingly becoming a niche yet vital form of private credit within the private equity industry. In an informative piece for Investment & Pensions Europe (IPE), Joseph Mariathasan delves into the intricate dynamics of NAV finance and its growing role in the market as GPs face the challenges of illiquid investments. https://lnkd.in/ec2nfsn7 #NAVLending #NAVLoans #FundFinance #PrivateDebt

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🌟 An Exciting Moment in the World of Main Street M&A! The world of Main Street M&A is ever-changing and it is truly exciting to continuously see the innovative and creative deals dealmakers in the marketplace are doing. One deal structure in particular that I have had my eye on over the last few years, is Consulting For Equity. Carl Allen, as you very likely know of, has been on the cover of our publication a couple of times and is commonly known as the godfather of Main Street M&A... His partner, not as well known (yet), Chris Moore, has been featured a handful of times in Acquisition Aficionado for his highly impressive negotiation techniques, how he leverages the art of pre-framing to talk sellers into agreeing to seller financing terms... And Chris is also an incredibly accomplished dealmaker, specifically leveraging consulting for equity deals. LAST WEEK - Carl Allen and Chris Moore have teamed up to bring a NEW community and education course to the market called Equity Partner. Check it out here: https://lnkd.in/gk73gZ7D Equity Partner is a community of highly skilled consultants, marketers, executives, and fractional c-suite consultants who are all focused on doing consulting for equity deals. Equity Partner also has a complete training program and weekly calls teaching you everything you need to know to build a portfolio of equity positions in existing, cash-flowing businesses... Leveraging the skills, experience, connection, and expertise you already have... Chris and Carl will teach you: ✅ How to find equity partnership opportunities ✅ How to position yourself correctly in person and online ✅ How to leverage the art of discovery to uncover the bleeding problems in the business ✅ And lastly, how to TRAIN business owners to OFFER YOU equity in their business Equity Partner is not a $20k mentorship program. Instead it is a community of highly skilled people looking to do deals together and help business owners solve crippling problems in their businesses - in exchange for equity. Carl and Chris are offering lifetime access to their Equity Partner community right now for only $1497. I told them they are crazy and it is worth so much more... I jumped in and am looking to learn a lot as Chris and Carl have a lot to teach us. I am here as an ambassador for their program and community and I am extending the invite to you, our valued readers. You can learn all about the Equity Partner program and community here - https://lnkd.in/gk73gZ7D I hope to see you inside the community and at their live event coming up in February. This offer will not be available at $1497 beyond their initial launch period. Take advantage of this while it is available, get in on the ground floor and be in for life. Cheers 🔥👊

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On behalf of our national M&A and private equity teams, I am pleased to share our Beyond Borders report, where we surveyed 150 private equity fund managers on current trends in cross-border M&A. Discover how private equity dealmakers are proactively managing risk in cross-border M&A, ensuring successful strategies even in complex landscapes. Our report unveils insights into top risk factors—persistent inflation and elevated interest rates—along with strategies for effective mitigation. You can explore the details in Dentons' comprehensive Beyond Borders report: https://ow.ly/r3TE30sF9kT #PrivateEquity #Mergers #Acquisitions #InterestRates #Inflation

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🚨 The Institutional Limited Partners Association (ILPA) has released crucial new guidance for limited partners and general partners on using NAV-based financing facilities in private equity strategies. Financial Markets and Funds Partners Thomas Laurer and Edward Tran, with Associate Ciara McBrien, explore NAV facilities and the significant benefits they offer for managing debt and liquidity, and the accompanying concerns about transparency and governance. Read more on the importance of this guidance: https://bit.ly/4e2h9Tx #ILPA #LP #PrivateEquity #FinancingFacilities #NAVFacilities

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Can defence stocks offer investors security? Building defence stocks into a portfolio could help investors hedge against market-depressing geopolitical shocks, says one investment manager. Partner Content by HANetf https://lnkd.in/dnHEAT9N #stocks #investing #geopolitics #ETFs

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Get ready for our upcoming webinar with 9fin on moving esoteric assets to the public market—featuring insights from experts at Latham & Watkins, S&P Global Ratings, and Barclays 🗓️ Date: 19 November ⏰ Time: 2pm GMT Key topics: 🎯 Public funding essentials 🎯 Investor demand for unique assets 🎯 Steps to a successful public rating Join live or catch the replay. Don’t miss out! https://hubs.la/Q02WXPz20 #AssetBasedFinance #SpecialistFinance #NonBankLending #DealCatalyst #GetDealsDone #EsotericAssets

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We are very pleased that GOF Gütt Olk Feldhaus has been ranked 2nd most popular midmarket #privateequity firm in 2023 by FINANCE Magazin placing GOF Gütt Olk Feldhaus at the very TOP of the prestigious league.   For more information, please see https://lnkd.in/db5KVKss #lawfirm #midmarket #privateequity #finance #bestlawyers 🚀 GOFuture 🚀 GOFantastic 🚀 GOForward

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GP Profile: AnaCap Financial Partners on maintaining a singular sector focus Real Deals chats with managing partner Nassim Cherchali about specialism versus generalism in private equity and his upcoming projects Read more here: https://lnkd.in/evXiQJJn #Deals #PrivateEquity #Europe #Finance #Funds

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Managing Partner Nassim Cherchali sat down with Real Deals to provide a valuable insight on how AnaCap's exclusive focus on the financial ecosystem has proven advantageous through leveraging deep sector expertise to drive value creation and achieve impressive returns. Nassim further discusses AnaCap's focus today on services, software and technology within the financial ecosystem as well as deal activity, portfolio management, exits and fundraising.

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ICYMI: Our latest guest on Stradley Ronon’s Talking Investment Management Podcast is the Independent Directors Council (IDC)’s Associate Managing Director Lisa Chaikin Hamman. In this episode, Lisa joins the podcast with partners Fabio Battaglia and Michael Mundt, covering all aspects of board oversight of exchange-traded funds (ETFs). Episode highlights: 🎧 Discussion on the IDC’s recently published white paper on board oversight of ETFs, which includes contributions from Michael Mundt. 🎧 What directors should understand about basic differences between ETFs and mutual funds. 🎧 Different types of ETFs. 🎧 What directors should know about the regulatory framework for ETFs registered under the Investment Company Act. Tune in at the link below. Available on Apple Podcasts and Spotify. https://bit.ly/3NBLAV7

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Last week, Chenavari Investment Managers Chief Risk Officer and Head of Investment Solutions, Edward Smalley, was a panellist in the Reorg Webinar Series: European Restructuring Trends and Private Credit alongside Tayyibah Arif (Dechert LLP), Kirsty Horton (Oak Hill Advisors, L.P.), Pranav Khamar (Gemcorp Capital) and Shan Qureshi (Reorg).   As part of the session, Ed discusses trends that are impacting the private credit and restructuring landscape in Europe in the current macroeconomic environment. Please register to view the recording here: https://lnkd.in/e374p5dj #PrivateCredit #Restructuring #Chenavari #Reorg #Europe #EmergingMarkets

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Lower-to-mid-market private equity work is increasingly essential. It targets companies with high growth potential, who offer compelling returns and less competition for investment capital. These hires are but one indication of the segment's appeal, evidenced by strategic hires by Trowers & Hamlins and competitor law firms. This indicates a vibrant investment and legal activity area that #lawfirmmarketing professionals will quickly harness in their messaging. The importance of consistent teamwork at Gateley Legal and BDB Pitmans is also evident from this talented duo, skilfully conveyed by the firm. #tuesdaythoughts

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