Andrew Bogle

Unlock the potential of the Lower Middle Market! 📈 Discover how executives can tap into the LMM to drive value creation, increase cash flow, and secure lucrative roles in private equity. Our latest guide, "Unlocking Value in the Lower Middle Market: A Numbers-Based Playbook for Executives," offers actionable insights and strategies to excel in this dynamic space. Don’t miss the opportunity to monetize your expertise and create new streams of income! 💼 Discover more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton: https://buff.ly/46DZD46 #PrivateEquity #ValueCreation #LowerMiddleMarket #ExecutiveRoles #BlackmorePartners

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📈🏢 Aby Rosen's RFR Holding is facing a staggering $2.5B debt bill as defaults pile up! 💥 🔎 According to a recent Bisnow article, RFR Holding, a prominent NYC real estate firm, is grappling with mounting debt and defaults. The company, led by billionaire Aby Rosen, has a portfolio of high-profile properties, including the iconic Seagram Building and Lever House. 🏢🏦 📊 The firm's debt load has surged to a whopping $2.5B, with $1.1B in loans maturing this year alone. 💸 The pandemic has hit the commercial real estate market hard, causing defaults to skyrocket. RFR Holding is no exception, with defaults on several properties, including the $200M mortgage on the Seagram Building. 📉 🗣️ "The pandemic has created a perfect storm for commercial real estate," said one industry expert. "Companies like RFR Holding are facing unprecedented challenges as they navigate this difficult time." 🌪️ 🔜 So, what's next for RFR Holding? The company is reportedly exploring options to refinance its debt and avoid further defaults. 💡 With the commercial real estate market showing signs of recovery, there's hope that RFR Holding can weather this storm. 🌞 Stay tuned for more updates on this developing story! 📰🔔 #RFRHolding #CommercialRealEstate #Debt #Defaults #NYCRealEstate

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We’re excited to celebrate a major milestone for our client H/L Ventures: the successful close of their $24M CityRock Venture Partners Fund II! 🚀💼 H/L Ventures' early-stage venture capital fund has successfully closed at $24 million, continuing their mission to support and actively engage with Seed and Series A startups at the intersection of growth, impact, and diversity. The fund will focus on critical areas such as climate change, healthcare, fintech, infrastructure, and the future of work, with a strong emphasis on backing underrepresented founders. H/L Ventures exemplifies the growing trend of VCs prioritizing not just financial returns but also social and environmental impact. We’re eager to see this fund drive meaningful change and support the next generation of visionary founders. Learn more about CityRock Fund II: https://lnkd.in/dKEbQzgJ cc: Oliver Libby, Galina Ozgur #VentureCapital #ImpactInvesting #FundingNews #SeriesA #SeedFinanciing #HLVentures

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Pleased to share that Fin Capital’s Fintech CEO Pulse Report is out! Fin Capital surveyed over 50 CEOs and C-suite leaders of private companies from our portfolio and the broader fintech industry during June and July 2024 to get a quick pulse on what’s top of mind for fintech’s leaders. Here are some key takeaways: - Optimism in the Air: More than 60% of CEOs reported being bullish or highly bullish on the fintech industry for the second half of 2024. - Regulatory Changes on the Horizon: CEOs identified Cryptocurrency, Open Banking, and Buy Now Pay Later as the top three sectors likely to see increased regulation by the end of 2024. - Headwinds persist. Despite overall bullishness on fintech, CEOs report a weak IPO environment and flag that macroeconomic volatility, regulation, and high interest rates remain top challenges for their companies. However, with abating inflation, CEO’s believe we could see rate cuts begin in September, which could positively affect asset values and market buoyancy, including the IPO window. For more insights, including comments from Logan Allin, Christian Ostberg, Matthew D. Mann, CFA, and Stephanie Perez, check out the full report here: https://lnkd.in/gK6usfwM

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Series A or B wondering when to bring in a VP of Finance or CFO? It’s a crucial decision that can shape the future of your company. At this stage, financial leadership is not just about managing numbers but also scaling processes, securing funding, and driving strategic growth. My colleague Paul breaks down key signs that it’s time to hire and indicators for choosing between VP of Finance and a CFO #FinanceLeadership #CFO #StartupGrowth #SeriesA #SeriesB #NextGenLeadership

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Worth checking out for any companies at the right stage.

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Great Article https://lnkd.in/gkSbT4Th Value Creation is Key: Validated value creation plans, combined with a meticulous and programmatic delivery approach, helps address the pressing concerns of cash-hungry LPs by demonstrating a commitment to generating cash returns and meeting current LP demands, while strengthening trust between GPs and LPs. Key Points - Net IRR was once the gold standard for measuring PE success. - LPs say DPI (Distributed to paid-in Capital) is now paramount - Distributed to paid-in capital, is the ratio of cash generated to what’s invested. - GPs are generating cash however they can. - Exits are likely to hit a five-year low this year and the average hold  time for a portfolio company has grown to almost six years (Preqin) - PE distributions at major firms have plummeted 49 percent over the last two years. - Private equity firms are motivated to distribute cash to enable LPs to commit to future funds. - GPs are responding to the demand with alternatives to exits: continuation funds, NAV loans,  subscription lines, cutting management fees.

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What are the alternatives to shadow bookkeeping? Shadow bookkeeping is both costly and inconvenient, yet many firms resort to it to ensure they have reliable fund admin data. Holland Mountain's ATLAS Fund Admin Oversight solution offers Private Capital firms a way to regain control of their data with a continuous data feed from their Fund Admin with automated data reconciliation.   Our solution ensures firms have both control and confidence in the data managed by their fund administrator, eliminating the need for shadow bookkeeping. How does it work? Our solution helps Private Capital firms have: ▶ Real-time access to data held by your fund administrators ▶ Full audit history capabilities ▶ Automated data reconciliation, far beyond a simple data warehouse ▶ Enrich data with additional attributes from other systems ▶ Self-service access to crucial data for all who need it If you want to know more about our solution, visit our website or schedule a demo with our team to see it in action. 👉 https://lnkd.in/e7FtUWuU Harpreet Lakhan | Holland Mountain | PE Stack by Holland Mountain #privateequity #privatemarkets #data

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Charles Hudson is hands-down one of the sharpest minds in early-stage investing. As the Founder and Managing Partner at Precursor Ventures, Charles has backed over 375 companies and supported more than 400 founders. → His portfolio includes hits like Clearco, Juniper Square, and Carrot → He's helped founders raise over $175 million across four funds → He's an active leader in the VC community, serving as the 2023-2024 Chair of the NVCA Board of Directors But even with all of his successes and accolades, what really sets Charles apart is his founder-first philosophy. He's not looking for "coachable" founders who hang on his every word. He wants founders who are decisive, independent thinkers. He believes his job is to give founders what they need, not impose his own agenda. Charles is the kind of investor every founder wants in their corner. One who shows up, follows through, and builds genuine relationships over time. And on this week’s episode of Minimum Viable Podcast, he's sharing his insights on what makes for a truly productive founder-investor partnership. Founders, this is a conversation you’ll want to hear. — What's the #1 quality you look for in an investor? Tune in to the full episode when it drops this Wednesday to hear much more from Charles and learn how to make the most of your investor relationships.

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As startups face higher interest rates and fundraising hurdles, venture debt remains a flexible, non-dilutive option for maintaining growth momentum. PitchBook’s Q3 2024 Venture Monitor shows that venture debt continues to play a vital role for startups navigating today’s challenging market conditions. Deal activity in venture debt is on track for a stronger performance this year, with total deal value reaching $34.7 billion so far. Late-stage and venture-growth companies account for nearly 75% of all debt raised, but we continue to see a need for the strategic use of debt by capital-intensive ventures at all stages. Download the full report from PitchBook here: https://lnkd.in/g-bEHTqC

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In this episode of "This Week in Startups," hosted by David Weisburd and featuring Jamie Rhode, CFA, Matthew Mulvey, and Jason Calacanis, the discussion covers the resurgence of venture capital distributions, Sequoia Capital's liquidity strategies, and the impact of economic conditions on VC funds. Dive into the insights on how venture capital firms are navigating current market conditions and the strategies they are adopting to stay ahead. Catch the full episode on YouTube to understand the dynamic landscape of venture capital investments and emerging trends. https://lnkd.in/eaRHvjeD #Venture #VentureCapital #VC

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The new quarterly review is live! Each quarter, I dive into the latest trends and shifts in the venture capital market, covering both the broader macro perspective and the unique insights we’re seeing at Florida Funders. Check out my latest article to stay informed on what’s shaping the VC landscape and how we're navigating it at FF. Always eager to hear your thoughts – let’s keep the conversation going! #VentureCapital #FloridaFunders #MarketInsights

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The venture capital landscape has transformed since Jeff Clavier founded Uncork Capital in 2004. What started as a one-man operation writing six-figure checks has grown into a thriving firm with billions in assets under management. To mark our 20th anniversary, Jeff Clavier and Andy McLoughlin sat down with Connie Loizos at TechCrunch to reflect on the industry's evolution and the changing rules of the game. Read the full article on TechCrunch to learn more about our journey and insights into the ever-changing world of venture capital. ⬇️   

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  📣 Announcing the Launch of the new GoalVest Venture Growth Fund ! 📣 Fundraising is now open. GoalVest Advisory's new Venture Growth Fund is providing RIAs much-needed access to the Late Stage Venture Capital asset class, which has exhibited tremendous growth as companies are typically staying private longer. The GoalVest Venture Growth Fund features: ✅ Diversification: Tech exposure diversified beyond public markets ✅ Accessible minimums: with a minimum investment threshold of $250,000 the fund is accessible to a broader range of clients ✅ Shorter lock-up period:  unlike early-stage VC funds, GoalVest aims to provide clients with a shorter time to liquidity ✅ De-risked portfolio: the fund targets a diversified basket of mid-to-late stage venture-backed companies while seeking the potential for outsized returns relative to public equities The fund’s strategy will continue to follow GoalVest’s existing formula of using multi-channel deal sourcing to create a portfolio diversified across multiple thematic market trends in areas such as AI, SaaS, Climate Tech, Defense, Fintech, and Consumer.    For more information, read the full press release here: https://lnkd.in/ej5kzi9n   #venturecapital #privatemarkets #venturegrowth #alternatives #RIA

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Had a fantastic time today discussing VC investing and SWFs on the recent panel about Global LPs active in the LAC VC/PE space. I remain bullish on the region, despite its fundraising challenges. Keep at it, GPs! The promise shown by founder-led tech companies leveraging technology is truly inspiring, and it’s exciting to see global investors like SWFs start to eye LatAm with keen interest! Big thanks to Inter-American Development Bank , IDB Lab , IDB Invest for the invitation to share my few thoughts...💻📱 🌎💼📈 #VentureCapital #SovereignWealthFunds #InvestmentTrends #LatinAmerica

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It’s BOD & AGM season. After 9 BOD meetings and 7 AGMs there is a common theme. “Generally” Emerging Fund 1&2 managers w/o firm building experience; and Founders/ELTs who raised pre-seed generalist and family office party rounds at Seed or crossover/hedge fund capital at Series A. Same general dynamic… experience matters. #venturecapital #emergingmanagers #startups #familyoffices #lps

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The emerging #privateequity #CFO is a vital linchpin, balancing the financial acumen, operational resilience, and strategic foresight poised to unlock new dimensions of success in an ever-changing landscape. #valuecreation https://ow.ly/wNch50RpffF

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