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Portfolio Purchase Pointers July 2023 - NAV Acquisition Finance for Secondaries Facilities

JD Supra: Mergers

In the private equity secondaries market, financing is often used to facilitate the purchase of portfolios of interests in private equity funds. These transactions require lenders to underwrite the value of assets that the borrower does not yet own, which gives rise to a specific set of challenges for the lenders.

Portfolio 130
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Bishop Street Underwriters Acquires Ethos Specialty’s Transactional Liability Unit, Adding High-Quality Capacity to its Rapidly Expanding Platform

Global Newswire by Notified: M&A

11, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced that it has acquired Ethos Specialty’s Transactional Liability unit. NEW YORK, Nov.

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GenAI is coming for commercial lending. Here’s what to do.

Global Banking & Finance

By Kris Kowal Origination, relationship management, underwriting, loan servicing, portfolio monitoring, risk management, compliance, innovation and product development: That’s commercial lending. The question isn’t if, but rather when, generative AI touches every step of the commercial lending value chain.

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How the Growth of Private Credit is Impacting Private Equity

OfficeHours

Following the GFC, the government enacted new regulations that limited banks’ abilities to underwrite highly leveraged financing. For example, banks suffered from numerous hung deals in the 2021-2022 timeframe (Citrix, Twitter, and many others), which limited the flexibility banks had to underwrite new financings.

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How Merchant Banks Help Businesses Grow and Succeed

Razorpay

They may help with underwriting, fundraising, credit or financial advice. Portfolio Management Merchant banking companies provide portfolio management services to high -net-worth individuals and corporate investors. What is a Merchant Bank? Merchant banks may also provide services to high net worth individuals.

Banking 52
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Behind the Buyouts: FTV’s Bernstein on Fusion of Payments, Vertical Software

The Deal

Portfolio company Plate IQ develops accounts payable software for restaurants, hospitality groups and supermarkets. ”We’ve operates a platform for solar power installers that manages customer’s applications, underwriting and approvals for financing. Likewise, FTV Capital’s Sunlight Financial Holdings Inc.

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Austin King of Steel River Explores Long-Term Hold Strategy in Industrial Services Space

How2Exit

The episode outlines Steel River's growth, which boasts an impressive portfolio of 11 acquisitions, predominantly in the overhead crane industry, expanding their footprint in manufacturing support services. He advocates for a vision stretching decades rather than just years. rn "The long-term horizon.