Oliver Scharping’s Post

Aareon Group goes to TPG and Caisse de dépôt et placement du Québec (CDPQ) for 3.9 billion euros. Aareal Bank AG and Advent International have sold Aareon to TPG and CDPQ for around 3.9 billion euros. Aareal Bank and Advent International have entered into an agreement with TPG and the #investment group CDPQ to acquire Mainz-based Aareon, a #software provider for the #realestate industry. The #financial terms of the sale are based on an enterprise value for Aareon of around EUR 3.9 billion, which corresponds to a #valuation of Aareal Bank's Aareon share of around EUR 2.1 billion. The #transaction is expected to close in the second half of 2024, subject to customary conditions and regulatory approvals. The transaction and partnership with TPG will provide Aareon with access to additional, specialized resources and expertise to drive #innovation and future growth. TPG will invest in Aareon through TPG Capital, the company's #US and #European private #equity platform, in a consortium with CDPQ. CDPQ will acquire a minority stake in Aareon alongside TPG as a co-investor. Advent intends to continue its investment in Aareon and invest new equity for a minority stake in the standalone company.

GRI German Investment Outlook discussion was lively and interesting. Chaired by Dr. Andreas Otto of CMS. A quite gloomy status update on the German CRE market (and indeed Germany as a whole). Banks largely adopting a ‘wait and see’ approach hence the lack of transactions. ‘Green shoots’ though for the future with banks and lenders putting more focus on debt yield going forward. Will anyone break the cycle and enforce debt? Will borrowers say enough is enough with putting in equity to cure LTV concerns? “Let’s wait and see” was the consensus….. #DUALAsset has already been assisting many investors secure their acquisitions in Germany, particularly over the past 12 months when a secure title to the shares being acquired is often foremost in their minds. We have also covered numerous specific property title risks through our dedicated DACH team of Emilia Binder, Zuzanna Jurga and Massimo Ruscio.

29.07.2024 - Investoren Plattform News: Private Debt The Rise of Private Capital in DACH 2024 According to the latest data from Q3 2023, Private Capital assets under management (AUM) are steadily growing across the DACH region. As a result, dry powder is building up for the next cycle of private market activity. This trend is most evident in Austria, where 42.8% of the total €2.8 billion AUM is awaiting allocation. […] und mehr als 8.600 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

Warum Co-Investments eine attraktive Alternative zu traditionellen Private-Equity-Vehikeln sind lesen Sie in dem Artikel von David Maréchal, Deputy Head of Private Equity and Co-Head of Europe.

From the Hindenburg report alleging links between Dhaval Buch, SEBI activity and Blackstone “During Dhaval Buch’s time as senior advisor, while his wife was a SEBI official, Blackstone sponsored Mindspace and Nexus Select Trust, India’s second and fourth REIT to receive SEBI approval to publicly IPO. “Blackstone has been one of the largest investors and sponsors of REITs, a nascent asset class in India. India’s first ever REIT, Embassy, obtained SEBI approval and IPO’ed on April 1st, 2019, sponsored by Blackstone, just 3 months before Dhaval Buch reported joining Blackstone in July 2019. “13 months later, in August 2020, Mindspace REIT, backed by Blackstone, became India’s second REIT to IPO, after SEBI approval. “Blackstone now sponsors Nexus Select Trust, described as India’s largest retail platform of assets, by ICICI Research, which listed in May 2023, and became India’s fourth publicly traded REIT. Blackstone has multiple other interests across retail estate. “During Dhaval Buch’s time as advisor to Blackstone, SEBI has proposed, approved and facilitated major REIT regulations changes. These include 7 consultation papers, 3 consolidated updates, 2 new regulatory frameworks and nomination rights for units, specifically benefiting private equity firms like Blackstone.”

The launch of 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 arouses constant interest nationwide. In this interview with Moneycab, our founder Manuel Gamper answers the most common questions about the Leading Investors Club, and explains his view of the real estate market and the aspects that prompted him to develop this new initiative. https://lnkd.in/eAqM_eeG

💬 Alumia is proud to share an exclusive interview by Laurence Marchal from L'AGEFI with our Investment Director and Founding Partner, Kyle James! "𝘛𝘩𝘦𝘳𝘦 𝘩𝘢𝘷𝘦 𝘣𝘦𝘦𝘯 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘧𝘰𝘳𝘤𝘦𝘴 𝘪𝘯𝘧𝘭𝘶𝘦𝘯𝘤𝘪𝘯𝘨 𝘩𝘰𝘸 𝘱𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰𝘴 𝘢𝘳𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘦𝘥 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘱𝘢𝘴𝘵 15 𝘺𝘦𝘢𝘳𝘴" says Kyle. In this piece, he offers valuable insights into market dynamics and investment strategies, shedding light on how investors can navigate these evolving trends. 🔗 Don’t miss the full article on L'Agefi to gain a deeper understanding of the current investment landscape. #InvestmentInsights #PortfolioManagement #Alumia #MarketTrends #KyleJames

In Handelsblatt I'm discussing the future of active ETFs and their potential to reshape the investment landscape. One possible scenario: active ETFs emerge as the preferred vehicle for both retail and institutional investors. But then again, the distribution landscape in certain european countries may slow this trend down. 💬 What are your thoughts? Could active ETFs redefine asset management, possibly replacing mutual funds as we know them? And what would that shift mean for asset managers and fund administrators? #AssetManagement #ETFs #Investing #ActiveETFs #FinanceInnovation

Our co-founder and CEO, Myles Milston, weighed in on a new report ‘The future of smaller company capital markets in the UK’ published by New Financial LLP in partnership with abrdn, Euroclear, Winterflood Research and the The Quoted Companies Alliance (QCA), which revealed some concerning statistics about the decline of AIM:   ➡️ In the past 20 years, the number of smaller listed companies with a market capitalisation of less than £1bn has fallen by nearly a third (31%). ➡️ Over the past decade the number of new issues by smaller companies has dropped by 80% to just 22, while the value raised by new issues has fallen by 90%. ➡️ In seven of the past 10 years more smaller listed companies have left the stock market than have joined it. Read the full article here:  https://lnkd.in/gzvx-vUN #Globacap #AIM #PISCES

A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of exits from the London Stock Exchange to north of £60bn. The £4.3bn take-private deal, struck with US private equity firm Thoma Bravo, marks the 20th takeover of a London-listed firm this year. Deals worth more than £26bn have now been waved through by boards sine January, with firms picked off at an average of 36 per cent above their value on the market, underscoring the valuation gap that has plagued London’s historic bourse in recent years. While Thoma Bravo walked away from talks to buy Darktrace in 2022, the latest bid comes in at a premium of 20 per cent on its current value on the London Stock Exchange. Continue reading 👇 https://lnkd.in/eDnD9PNc #londonstockexchange #lse #stockmarket #stocks #london #exodus #darktrace #news #uknews