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AlpInvest Partners
AlpInvest Partners is a global private equity asset manager with over $85 billion of assets under management as of December 31, 2024. The firm invests on behalf of more than 500 institutional investors from North America, Asia, Europe, South America and Africa. AlpInvest operates through three core investment teams: * Primary Fund Investments * Secondary and Portfolio Finance investments * Co-Investments. AlpInvest's investments span a broad spectrum of private market strategies including: large buyout, middle-market buyout, private credit, venture capital, growth capital, mezzanine, distressed and energy investments, including sustainable energy investments. As of the end of 2024, the firm had invested in more than 800 private equity funds managed by more than 350 private equity firms. According to the PEI 300, AlpInvest ranked among the 50 largest private equity firms globally. Since 2011, AlpInvest has operated as a subsidiary of The Carlyle Group, a global private ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Secondaries
In finance, the Private Equity Secondary Market (also often called Private Equity Secondaries or Secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds or the underlying private equity assets (e.g., credit secondaries). Unlike public markets, private-equity interests lack an established trading exchange, making transfers more complex and labor-intensive. Sellers of private-equity investments sell not only their holdings in a fund but also their remaining unfunded commitments. The private-equity asset class is inherently illiquid and is designed for long-term investment by institutional investors, such as pension funds, sovereign wealth funds, insurance companies, endowments, and family offices for wealthy individuals. The secondary market provides these investors with an avenue for liquidity, enabling them to manage their portfolios dynamically. The secondary market reached a transaction volume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stichting Pensioenfonds Zorg En Welzijn
Stichting Pensioenfonds Zorg en Welzijn (PFZW), () is a Dutch pension fund for health care and welfare sector. It is the second largest pension fund in the Netherlands. PFZW uses the PGGM brand to market its asset management services. , PFZW had total assets under management of €161.7 billion ($183 billion, 1EUR=1.13USD) and around $682.6 million revenue. History PFZW's predecessor, PGGM, was founded in June 1969 through the merger of several smaller Dutch pension funds in the healthcare industry. In 1970, PGGM assumed responsibility for the pensions of employees throughout the health care and social work sectors in the Netherlands. In 1972, PGGM moved to its current headquarters in Zeist, Netherlands. PFZW is as a non-profit foundation, controlled by trade unions and employers from the healthcare and social work sectors. At the end of 2006, the governing board of what was then known as PGGM adopted a separation between its policy (structuring of pensions) and implementati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stichting Pensioenfonds ABP
Stichting Pensioenfonds ABP ("National Civil Pension Fund"), frequently referred to as ABP, is the pension fund for government and education employees in the Netherlands. For the quarter ended 31 December 2014, ABP had 2.8 million participants and assets under management of €344 billion ($388 billion, 1 EUR=1.13 USD), making it the largest pension fund in the Netherlands and among the five largest pension funds in the world as of September 2016. ABP's predecessor, the Algemeen Burgerlijk Pensioenfonds ("Dutch Civil Servants Pension Fund"), was established in 1922, following the adoption of the superannuation act, which regulated the pensions of civil servants. Originally, the pension fund was a government controlled entity that fell under the authority of the minister of home affairs in The Hague. In January 1996, ABP was privatized although its primary function remains unchanged. Since 1 March 2008, ABP's subsidiary APG administers the ABP pension scheme. ABP is headquarte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Firm
A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existing operating company with the end goal to make a profit on its investments. The target companies are generally privately owned entities (not publicly listed), but on rare occasions a private equity firm may purchase the majority of a publicly listed company and delist the firm after the purchase. To complete its investments, a private equity firm will raise funds from large institutional investors, family offices and others pools of Financial capital, capital (e.g. other private-equity funds) which supply the Ownership equity, equity. The money raised, often pooled into a fund, will be invested in accordance with one or more specific investment strategies including leveraged buyout, venture capital, and growth capital. Although the indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. Private equity funds are typically limited partnerships with a fixed term of 10 years (often with one- or two-year extensions). At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From the investors' point of view, funds can be traditional (where all the investors invest with equal terms) or asymmetric (where different investors have different terms).Metrick, Andrew, and Ayako Yasuda. "The economics of private equity funds."Review of Financial Studies (2010): hhq020. A private equity fund is raised and managed by investment professionals of a specific private-equity firm (the general partner and investment advisor). Typically, a single private-equity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Energy
Energy system, Energy is sustainability, sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs." Definitions of sustainable energy usually look at its effects on the environment, the economy, and society. These impacts range from greenhouse gas emissions and air pollution to energy poverty and toxic waste. Renewable energy sources such as wind power, wind, Hydroelectricity, hydro, solar energy, solar, and geothermal energy can cause environmental damage but are generally far more sustainable than fossil fuel sources. The role of Non-renewable resource, non-renewable energy sources in sustainable energy is controversial. Nuclear power does Low-carbon power, not produce carbon pollution or air pollution, but has drawbacks that include radioactive waste, the risk of nuclear proliferation, and the Nuclear and radiation accidents and incidents, risk of accidents. Switching from coal to natural gas has enviro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Industry
The energy industry refers to all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, oil refinery, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries. In particular, the energy industry comprises: * the Fossil fuel industry, fossil fuel industries, which include petroleum industry, petroleum industries (oil companies, Oil refinery, petroleum refiners, fuel transport and end-user sales at gas stations), Coal industry, coal industries (extraction and processing), and the natural gas industries (natural gas extraction, and coal gas manufacture, as well as distribution and sales); * the electrical power industry, including electricity generation, electric power distribution, and sales; * the nuclear power industry; * the renewable energy industry, comprising alternative energy and sustainable e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distressed Securities
In corporate finance, distressed securities are security (finance), securities over companies or government entities that are experiencing Financial distress, financial or operational distress, Default (finance), default, or are under bankruptcy. As far as debt securities, this is called distressed debt. Purchasing or holding such distressed-debt creates significant Financial risk, risk due to the possibility that bankruptcy may render such securities worthless (zero recovery). The deliberate investment in distressed securities as a strategy, while potentially lucrative, has a significant level of risk as the securities may become worthless. To do so requires significant levels of resources and expertise to analyze each investment, the related going concern risk and assess its position in an issuer's capital structure along with the likelihood of ultimate recovery. Distressed securities tend to trade at substantial discounts to their intrinsic or par value and are therefore consi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mezzanine Capital
Mezzanine capital is a type of financing that sits between senior debt and equity in a company's capital structure. It is typically used to fund growth, acquisitions, or buyouts. Technically, mezzanine capital can be either a debt or equity instrument with a repayment priority between senior debt and common stock equity. Mezzanine debt is subordinated debt that represents a claim on a company's assets which is senior only to that of the common shares and usually unsecured. Redeemable preferred stock equity, with warrants or conversion rights, is also a type of mezzanine financing. Mezzanine capital is often a more expensive financing source for a company than secured debt or senior debt. The higher cost of capital associated with mezzanine financings is the result of it being an unsecured, subordinated (or junior) obligation in a company's capital structure (i.e., in the event of default, the mezzanine financing is only repaid after all senior obligations have been satisfi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Growth Capital
Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority interest, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business. Companies that seek growth capital are often small, rapidly growing, and their assets are often intangible. They will often do so to finance a transformational event in their lifecycle. These companies are likely to be more mature than venture capital funded companies, able to generate revenue and profit but unable to generate sufficient cash to fund major expansions, acquisitions or other investments. Because of this lack of scale, these companies generally can find few alternative conduits to secure capital for growth, so access to growth equity can be critical to pursue necessary facility expansion, sales and marketing initiatives, equipment purchases, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
