Leading Limited Partners such as HarbourVest, Hamilton Lane, 57 Stars and Hayfin Capital Management will meet together at the 4th Annual PE & VC Conference in Dublin to speak about co-investments as an interesting opportunity for both Limited as well as General Partners. Get a glimpse of those LPs below.
HARBOURVEST
ABOUT THE COMPANY
HarbourVest is a leading global private markets investment firm with a long history of innovation and success. Since 1989, the HarbourVest team has invested directly in and realized 242 companies. Working alongside other co-investors and company management, HarbourVest has helped companies develop and grow, ultimately realizing 134 investments through M&A events and 73 investments through IPOs.
INVESTMENT SOLUTIONS
They provide clients with flexible private markets investment solutions through fund investing, secondary, and direct co-investments, as well as commingled funds or separately managed accounts.
ASSET UNDER MANAGEMENT
HarbourVest has more than $58 billion in assets under management, as of December 31, 2018.
INVESTMENT FOCUS
HarbourVest invests in companies that represent an array of industries, geographies and stages, including buyout, growth equity, and mezzanine.
Some case studies:
WHO WILL SPEAK AT THE CONFERENCE
Craig MacDonald, Managing Director at HarbourVest. Craig MacDonald joined HarbourVest in 2005 in Boston, transferring to London in 2009 and then Dublin in 2019 to serve as head of office. He focuses on originating, evaluating, and executing direct co-investments in growth equity and buyout transactions, primarily in Europe and has worked on investments including CallCredit, Finanzcheck, Flexera Software, Nordax, Photobox, and Xpressdocs. Craig joined the Firm from Morgan Stanley in New York where he was an analyst focusing on consumer finance. Craig’s prior experience also includes investment banking analyst positions with Citigroup Global Markets in New York and London. Craig received a BA in Political Science and Information Systems (with honors and distinction) from the University of North Carolina, Chapel Hill in 2001, where he was a Morehead Scholar.
Hamilton Lane
ABOUT THE COMPANY
The Hamilton Lane story began in Philadelphia in 1991, when it launched as a private equity advisory firm working with large public pension plans. Hamilton Lane is a global brand and a recognized leader in the private markets, with more than 390 employees worldwide operating in 16 offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With $66+ billion in assets under management and $421+ billion in assets under supervision, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. The firm has been named a Best Place to Work in Money Management by Pensions & Investments for eight consecutive years.
INVESTMENT SOLUTIONS
Primaries
Small & mid-sized investments
Focused on quickly mitigating the J-curve
May include secondaries & direct equity investments
Secondaries
Direct Equity Investments
Small & mid-sized investments
Diversification across industry, geography & fund managers
Access to private equity at a reduced fee structure
Private Credit
Real Assets
Viewed as part of a total portfolio, not in isolation
Dedicated real assets team with significant global direct and fund investing experience
Taft-Hartley
Targeted Investments Programs
Generally, seek to generate top-quartile returns and accomplish an investor-specific set of complementary goals and objectives
Strong track record of successfully managing targeted investment programs across a variety of sectors and strategies
ASSET UNDER MANAGEMENT
Hamilton Line has $66B+ discretionary AUM, and $421B+ advisory AUS.
WHO WILL SPEAK AT THE CONFERENCE
Richard Hope, Managing Director at Hamilton Lane. Richard is a Managing Director on Hamilton Lane’s Global Investment Team and member of the Investment Committee. Richard is based in the firm’s London office and focuses on both co-investment and secondary transactions. Richard represents Hamilton Lane on several fund advisory boards and is a regular conference speaker. Prior to joining Hamilton Lane in 2011, Richard worked as a Director with Alliance Trust Equity Partners, where he helped establish a private equity fund investment business together with making a number of direct investments. Previously, Richard worked in the UK at Noble Group, where he was responsible for making and managing venture and growth capital investments. Richard received a B.Com. from the University of Edinburgh.
57 Stars
ABOUT THE COMPANY
57 Stars is an employee‐owned asset manager focused on alternative investing strategies globally. 57 Stars’ senior team has more than 100 years of collective experience sourcing and investing in private capital investment opportunities. Their institutional investor base includes public and private pension plans, insurance companies, foundations and endowments, a sovereign wealth fund, and family offices.
INVESTMENT SOLUTIONS
Across alternative asset classes, their team has executed investment strategies in growth equity, venture capital, buyout, real estate, infrastructure, secondaries, special situations, and co-investments.
ASSET UNDER MANAGEMENT
Approximately USD 4.0 billion raised and managed.
INVESTMENT FOCUS
57 Stars focuses on countries and regions globally where economic sectors are undergoing disruptive change due to technological innovation and adaption. Sector focus is on tech‐enabled consumer, fintech & financial services, health & care‐related technologies and other tech & growth sectors.
WHO WILL SPEAK AT THE CONFERENCE
Bernard McGuire, Jr., Managing Director at 57 Stars. Mr. McGuire joined 57 Stars in 2008, and is a member of the firm’s Investment Committee. He participates in the sourcing, due diligence, and monitoring of fund investments and co-investments across all of the firm’s markets and represents the firm and its investors on multiple fund and co-investment advisory boards. Prior to 57 Stars, Mr. McGuire served at Overseas Private Investment Corporation as a Director in the Investment Funds Department. During his tenure with OPIC, Mr. McGuire led the origination and execution of emerging markets alternative asset fund investments totalling USD 1.3 billion and USD 680 million, respectively, while managing and restructuring a USD 600 million global portfolio of OPIC legacy investments.
Hayfin Capital Management
ABOUT THE COMPANY
Since 2009, Hayfin has invested more than €17 billion of capital across more than 300 portfolio companies with the ambition of creating one of Europe’s leading investment platforms.Hayfin seeks to recruit and retain exceptionally talented professionals. The company believes in being local in each of their markets, and that their diverse mix of nationalities, cultures and languages makes the Hayfin more connected to these markets. Most of Hayfin’s team are industry generalists, with the edge lying in the origination networks and proven expertise in managing complex restructurings, workouts and liquidations.
INVESTMENT SOLUTIONS
The company focuses on delivering best-in-class risk-adjusted returns for investors across four strategies: Direct Lending, Special Opportunities, High-Yield Credit and Structured Credit.
INVESTMENT FOCUS
Hayfin operates across all major European geographies with offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris and Tel Aviv, and has a growing presence in the United States with an office in New York. The firm accesses a diverse range of asset profiles and sub-sectors, including through its sector-specialist teams focused on shipping, healthcare, and real estate. Hayfin manages strategy-specific commingled funds and tailored separate and managed accounts which combine product exposures.
WHO WILL SPEAK AT THE CONFERENCE
Gonzalo Erroz Beltran, Partner at Hayfin Capital Management. Mr Erroz is a Partner in the Private Equity Funds team at Hayfin Capital Management responsible for private equity investments. Prior to joining Hayfin, Mr. Erroz was Managing Principal at Allstate Investments, heading the firm’s London office and Private Equity investments in Europe, Asia and Africa; holding several BoD and LPAC positions over the last de cade. Before Allstate Investments, Mr. Erroz was part of the Private Equity investment team at the sovereign wealth fund GIC and the investment banking team at Deutsche Bank in London. Mr. Erroz holds a Masters in Business Administration from ESADE Business School.
Either you’re interested in meeting top Limited Partners or getting more insights about co-investments, you’ll find all in Dublin on the 29th of April 2020. Learn more details about the 4th Annual PE & VC Conference in Dublin HERE.
