Brian Weiss

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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Exciting to see infinitas capital and Opportuna featured in Bloomberg as part of the growing conversation around family offices and the secondary market. With liquidity tightening and investor demand building, Opportuna is seizing the potential of venture secondaries, offering an avenue to unlock liquidity and realize solid gains within a shorter timeframe. To learn more about @Opportuna and our strategy, reach out to Alban C. or Christopher L.R. Chuffart

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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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There is a great piece on Forbes.com about Camber Creek portfolio company Maybern. It captures a lot of the promise Camber Creek sees in Maybern and the challenges the company is tackling. For example: • There are $15 trillion worth of investment in private funds doing intricate calculations in Excel. The market is enormous. • Errors can be costly and lead to lawsuits or even penalties from regulators. • Cutting through this complexity is not easy. One day, we’ll look back on archaic fund accounting processes and shake our heads at how far we've come. It’ll be because of Ross Mechanic, Aswhin Raghu, and their team. https://lnkd.in/e7P-RT-m

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The world has never been more complex and dynamic. The cost of capital has increased, AI is in its infancy, data is abundant yet hard to navigate, and the world is still adjusting in a post-COVID era. With that, the role of the CFO has changed forever. CFOs must be more strategic, more disciplined and more forward-thinking. They must manage delicate relationships with the CEO, their teams and their board. At BCV, we’ve had a front row seat investing in the technology adopted by CFOs over the last 20 years. Now is the perfect time to create a CFO community where top-tier finance leaders can navigate these changes with their peers in a high-trust environment. We’ll use our depth of investing at BCV in the office of the CFO and financial technology plus the power of the broader Bain Capital network to keep advisory board members up to date on bleeding edge innovation to help them make informed decisions. We’ll look to advisory board members to help us understand their most pressing problems, as well as technology’s potential to solve them–including technology from our portfolio of companies. The CFO Advisory Board includes financial leaders from a variety of industries and geographies, representing late-stage growth companies to scaled public and private companies. I'm pleased to introduce the BCV CFO Advisory Board with Matt Harris, Noah Breslow, Alysaa Co, Nicole LoRusso, Joe DiMento, Sarah Hinkfuss, and Tina Dimitrova.

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In a new op-ed I penned for Institutional Investor, I discuss the changing strategic buyer landscape for enterprise software companies. With software continuing to grow well in excess of GDP, and digital transformation at the top of C-suites’ agendas, the trend of multi-billion dollar software companies being acquired by non-traditional buyers should continue to accelerate. As always, all comments are welcome!

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I will be sharing tips/clues we use at Calder to identify “real” buyers - those most likely to submit an offer. You may find it interesting that ~10% of buyers that inquire, sign NDAs, and are approved actually move forward seriously on a given business opportunity so it’s paramount for our team to spend time with those 10%. The problem is that we don’t know at the outset who they are. So here’s clue #1: “If the buyer’s first question is related to the asking price, they are unlikely to be serious.” #buyingabusiness #mergersandacquisitions #investmentbanking #sellingabusiness

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The SEC takes an "L" The SEC missed a deadline this week to contest the ruling from 5th Circuit Court in June that would have allowed for increased transparency from the investment management community, particularly private equity funds and venture funds that have not historically been held to the same level of scrutiny than managers that participate in the public markets. Just another reason why robust due diligence is critical! check out my thoughts below 👇 👇 https://lnkd.in/eZSrPsXR #venturecapital #privateequity #fees #transparency #diligence

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It was a pleasure to discuss the resurgence in supply chain M&A with Craig Fuller at the FreightWaves F3 conference. A few takeaways: 1. Logistics M&A surged during COVID, then froze in 2023, and is beginning to return. 2. There is a gap between buyer and seller expectations. We will see more creative deal structures to bridge these gaps. 3. We are seeing increasing M&A interest in targeted niches, such as US-Mexico logistics, specialty verticals (e.g. tech and healthcare logistics), and port-based services. 4. On the supply chain tech side, venture investing is bouncing back, with a particular focus on AI. 5. We have not yet seen consolidators in supply chain tech to the same degree as we have seen in services. Will an "XPO of supply chain tech" emerge? Companies like Descartes, WiseTech, and Blue Yonder are potential candidates, but others may become more aggressive. 2025 will be an exciting year for supply chain innovation and investment!

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🔍 Curious about the value of attending private equity conferences? Our new article breaks down 25 compelling reasons why executives should invest in their professional growth by attending these events. From networking with key industry players to acquiring strategic insights, the ROI is substantial. Read more here: https://buff.ly/3LZnxOV 💼 Learn more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton here: https://buff.ly/46DZD46 #PrivateEquity #CareerGrowth #ExecutiveRoles #BlackmorePartners #PECareers

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🔍 Curious about the value of attending private equity conferences? Our new article breaks down 25 compelling reasons why executives should invest in their professional growth by attending these events. From networking with key industry players to acquiring strategic insights, the ROI is substantial. Read more here: https://buff.ly/3LZnxOV 💼 Learn more about Blackmore Partners: https://buff.ly/42iNmB3 📅 Have questions? Schedule a meeting with our Director Chris Melton here: https://buff.ly/46DZD46 #PrivateEquity #CareerGrowth #ExecutiveRoles #BlackmorePartners #PECareers

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I had the privilege of attending and speaking at the GuideWell + Flare Capital Partners AI Conference last week in Jacksonville, along with fellow industry leaders, Chris Lehane, Michael A. Greeley, Bryan Koch, Tarun Mehra & Ben Hall. Here are my top five takeaways from the event: 1. The pace of AI advancements, particularly from OpenAI and others, is astonishing. We've quickly moved from predictive models (ChatGPT's original LLM interface) to more advanced reasoning models like O1, which have the potential to reshape the way we even think about applying AI across various industries. 2. The real transformation will come as we approach level 3 with agents capable of managing complex tasks, ultimately reinventing how we currently do things. 3. For AI in healthcare, outdated regulatory frameworks in the US such as HIPAA will likely prevent ecosystem-wide adoption in the near term. Privacy and PHI remain important to preserve, but we will need to modernize the way we use the data, preserving the privacy that is most important to us. 4. Healthcare is generating over 30% of all data available, yet our ability to utilize this new resource is currently quite limited because of outdated regulatory frameworks. 5. The AI opportunity in healthcare is there for those who pursue creative solutions and novel applications. Organizations with this mindset will create immense value for the industry at large.  Special thank you to Florida Blue for the invite and look forward to participating in this important conversation again in the future. #AI #Healthcare #Innovation #DataTransformation

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https://lnkd.in/gZeefZhX Private equity funds gathered $176.7 billion in the first quarter of 2024, a drop of roughly 10 percent from the $195.5 billion recorded in the same period last year, according to preliminary findings from PEI data. Interest rate uncertainty continues to weigh on buyout and exit activity, while record dry powder for the asset class remains stacked for 2024, the data found.

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Launched! As many of you know (and as was reported by Reuters) I established my new investment firm, Confido Capital, earlier this year. Confido is 100% dedicated to delivering risk controlled, income solutions for LPs. Today, we are pleased to announce our official launch and introduction to the institutional marketplace. Attached is press release. Please also follow the Confido LinkedIn page (company page in bio) for updates and market insights. We are thrilled to be able to re-acquaint, get to know and work alongside you. So very appreciative of our Founders investors, strategic partners and third-party service providers (you know who you are!). Also immensely grateful for my time at Oaktree. Incredible place with such a deep bench of talented people. The heart & soul of Oaktree is Bruce Karsh. Certainly should be on the ‘Mt Rushmore’ of distressed debt managers and doesn’t get nearly the media recognition he deserves (and will certainly never seek it!). Brilliant investor, thoughtful leader, philanthropist, back-up vocalist!? (you’ll have to ask him :) and even better person. I also need to mention Brookfield – complete juggernaut. Such a fantastic team over there. So enjoyed working with them. Their expansion will undoubtedly continue. Now speaking of our launch, over the last number of months I have spent countless hours ramping up on all things private markets: operations, vehicles, regulations, etc.  Starting from the top, the first rule of private investments is: we don’t talk about private investments. So if you would like to learn more about Confido, it is reverse inquiry only – please reach out and schedule time with us. Email is below as well as “book appointment” link in my LinkedIn bio. Excited to catch-up with friends and colleagues as well as investors old and new. We appreciate you coming along with us on this journey. Much more to come - time to get to work! All the Best, /GBB [email protected] www.confidocap.com Confido Capital Protect. Harvest. Compound.

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Venture capital markets have a "growing emphasis on capital efficiency." Dive deeper into this and 7 other emerging #VC trends in our 2024 mid-year outlook. https://lnkd.in/db96X2Bi

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- With distributions harder to come by this year, more firms have been thinking about GP-led secondaries processes as an alternative path to exit. -Far from being a short-term fix, however, some believe these transactions could be seen as a “new normal” for exiting private equity assets. - A number of LPs are assuming that there will be little to no IPOs - Today you have more deals being done on the GP-led side than on the IPO side. - There could be €50 billion to €60 billion worth of GP-led transactions executed this year. - Supply is coming from GPs looking for alternative exit routes, demand is also coming from new LPs entering the sector.

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Apollo's 16 unique specialty finance platforms can provide direct and custom solutions for large projects, including infrastructure and the energy transition. Learn how Apollo’s origination ecosystem offers tailored, long-term financing solutions across various sectors, addressing capital needs where traditional funding falls short: https://lnkd.in/ez3-M-bR

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