Kalliope Gourntis’ Post

Cedar Creek Capital Expands Opportunities for Investors with Premier Self-Storage Investment Funds Across Three States: Cedar Creek Capital Announces Exclusive Self-Storage Investment Funds in Idaho, Arizona, and Colorado. Cedar Creek Capital, a leading self-storage investment firm and real estate investing consultant, is thrilled to announce the availability of exclusive self-storage investment funds designed for investors … Continue reading → #Business #FinancialMarket #PersonalFinance #RealEstate #US

Stonepeak closes Opportunities Fund with $3.15 billion of commitments - Stonepeak has announced the final close of its Opportunities Fund with total commitments of $3.15 billion. - The Fund was significantly oversubscribed beyond its original target of $2.5 billion. - It focuses on core-plus and value-add opportunities in the middle-market infrastructure sector. - Key investment areas include communications, transport and logistics, and energy and energy transition assets in North America and Europe. - The Fund has already committed over 40% of its capital to six investments. - Co-President Jack Howell emphasized the importance of a nimble approach to sourcing high-quality mid-market investments. - Senior Managing Director Nikolaus Woloszczuk highlighted the strong support from investors as a testament to the firm's expertise and capabilities. - Stonepeak manages approximately $71.2 billion in assets and aims to create value for investors through defensive, hard-asset investments. - The firm provides capital and operational support to its portfolio companies across various sectors. https://lnkd.in/gvfQFUZW

Firms are aggressively marking up private equity stakes bought in secondary market Funds are claiming big one-day windfalls in the secondary market for private-equity stakes. For example, "the last day of September 2023 was very good for Hamilton Lane Private Assets Fund. It recorded a 39% gain on a group of investments it bought the day before for $52 million, giving a quick boost to the fund’s performance. Of the three dozen investments it bought on Sept. 29, nearly half had more than doubled in value on Sept. 30. The Hamilton Lane fund’s stake in a fund that focuses on Latin America rose eightfold in 24 hours," according to the Wall Street Journal. StepStone Private Venture and Growth Fund report even more remarkable gains, marking up investments by multiples in a single day. "Other secondary investors that have reported significant markups include Pomona Investment Fund and Ares Private Markets Fund. On June 30, 2023, for example, the Pomona fund bought a stake in an Asia-focused Bain Capital fund for $3.1 million and wrote it up 62% the same day. The Ares fund paid $32.8 million on Dec. 29, 2023, a Friday, for a stake in a Blackstone fund and said its fair value was 70% higher two days later." Although an investor who wants out early may be willing to sell its stake at a big discount, "...the significant markups raise questions about the true fair value of the investments. The secondary market volume for private-equity funds hit $112 billion in 2023." 💰 “With such large day-one gains, investors may take pause to consider whether such fair-value figures are too good to be true,” said Tom Linsmeier, an accounting professor at the University of Wisconsin and a former member of the Financial Accounting Standards Board, which sets U.S. accounting rules. "Under U.S. accounting rules, an asset’s “fair value” is the price it would sell for in an orderly transaction on a given date. The classic example is a public company’s stock. For holdings that don’t trade regularly, estimating fair value often is more difficult and more subjective." "The markups also point to a potentially broader issue: What if the discounted prices on the secondary market are the more accurate gauge of the investments’ real-life values? Then the asset values for stakes on countless other investors’ balance sheets may be inflated. The NAVs reported by private-equity funds have been long questioned because of their lack of volatility."💡 Overly generous valuations are a risk often overlooked by private equity fund investors. #PrivateEquity #Investments #FinancialMarkets

🚨 Trend Alert: PE turning to UHNW individuals for capital needs Private equity is increasingly diversifying its investor base, moving beyond traditional institutional sources like pensions, insurers, and endowments to tap into ultra-high-net-worth individuals. Stonepeak's launch of the Stonepeak-Plus Infrastructure Fund, specifically designed for UHNW investors, is a prime example of this. The fund targets sectors such as transportation logistics, digital infrastructure, and energy. Unlike conventional infrastructure funds, it does not anticipate setting a fixed timeline for asset exits, offering greater flexibility. This initiative highlights the industry's growing focus on expanding access to infrastructure investments for private wealth clients. https://lnkd.in/gqW9GrvY. #privateequity #fundraising #capital

In my view, additionality is the sine qua non of solving the housing crisis.

Discover the Advantages of Partnering with Pheenyx Capital!At Pheenyx Capital, we understand the unique needs of busy professionals and passive investors. Partnering with us means leveraging our expertise to achieve consistent, stable returns on your multifamily real estate investments. Here’s why: 1. Expert Management: Our experienced team handles all aspects of property management, ensuring your investment is in capable hands. 2. Diversified Portfolio: We offer a range of investment opportunities that spread risk and maximize returns. 3. Transparent Communication: Stay informed with regular updates and detailed reports on your investment performance. 4. Hands-Off Investing: Enjoy the benefits of real estate investing without the day-to-day hassles.Join the Pheenyx Capital community and elevate your investment strategy today! #InvestSmart #MultifamilyInvesting #RealEstateInvestment #PheenyxCapital

📣 Stonepeak Closes Opportunities Fund with $3.15 Billion of Commitments - Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets. - Final close of Stonepeak Opportunities Fund: The Fund was meaningfully oversubscribed, closing at $3.15 billion, above its original $2.5 billion target. - Investor base: The Fund received commitments from a diverse group of global investors. - Investment focus: Targets core-plus and value-add opportunities in middle-market infrastructure, particularly in communications, transport and logistics, and energy and energy transition assets in North America and Europe. - Investment strategy: Includes control investments and structured capital solutions, leveraging Stonepeak's operating capabilities, bespoke structuring expertise, experience with complex situations, and thematic approach to deal sourcing. - Current status: Over 40% of the Fund's capital is already committed to six investments. - Leadership comments: - Jack Howell, Co-President of Stonepeak and co-head of the Opportunities Fund: Highlighted the need for a nimble, creative approach and a deep understanding of industry themes to source high-quality, mid-market infrastructure investments. - Nikolaus Woloszczuk, Senior Managing Director at Stonepeak and co-head of the Opportunities Fund: Expressed gratitude for investor support, emphasizing the team's investment acumen, sector expertise, and global capabilities. - Legal counsel: Simpson Thacher & Bartlett LLP acted as fund counsel.

Exciting news to share! We’re about to break ground on our first development in Cleveland, taking the lead as the lead developers with our fantastic partners, Brad Weber and Mina Mansour, P.Eng.. It’s a great step forward in real estate investment, and we’re thrilled to be making a difference. If you’re curious about our journey or want to connect, feel free to send me a DM. #RealEstateInvestment #USRealEstateInvesting #CanadiansInvestingInUSRealEstate #LandDevelopment #MakingADifference

In the landscape of private placement investments, Tri-Land Equity Investor Fund produces an innovative investment approach. This white paper explains the strategy employed by Tri-Land Properties, leveraging "Letters of Credit" or "Pledge Agreements" as a substitute for traditional cash investments. This method not only optimizes investment efficiency but also offers investors an avenue to diversify a stock or bond portfolio without liquidating existing assets. Tri-Land Properties RJ Johnson #alternativeinvestments #TriLandEquityInvestorFund #TriLand #LettersofCredit #PledgeAgreements #investments #diversification #realestate

For #infrastructure and #naturalresources fundraising, 2023 was an exceptionally challenging year. Aggregate #capital raised declined 53% year over year to $82 billion, the lowest annual total since 2013. The size of the drop is particularly surprising in light of infrastructure’s recent momentum. The asset class had set fundraising records in four of the previous five years, and infrastructure is often considered an attractive #investment in uncertain markets. While there is little doubt that the broader fundraising headwinds affected infrastructure and natural resources fundraising last year, dynamics specific to the asset class were at play as well. One issue was supply-side timing: nine of the ten largest infrastructure GPs did not close a flagship fund in 2023. Second was the migration of investor dollars away from core and core-plus investments, which have historically accounted for the bulk of infrastructure fundraising, in a higher rate environment. The asset class had some notable bright spots last year. Fundraising for higher-returning opportunistic strategies more than doubled the prior year’s total. AUM grew 18%, reaching a new high of $1.5 trillion. Infrastructure funds returned a net IRR of 3.4% in 2023; this was below historical averages but still the second-best return among private asset classes. And as was the case in other asset classes, #investors concentrated commitments in larger funds and managers in 2023, including in the largest infrastructure fund ever raised. The outlook for the asset class, moreover, remains positive. Funds targeting a record amount of #capital were in the market at year-end, providing a robust foundation for fundraising in 2024 and 2025. A recent spate of infrastructure GP acquisitions signal multi-asset managers’ long-term conviction in the asset class, despite short-term headwinds. Global megatrends like #decarbonization and #digitization, as well as revolutions in #energy and #mobility, have spurred new infrastructure investment opportunities around the world, particularly for value-oriented investors that are willing to take on more risk.