Upwelling feature in Buyouts (a PEI publication): How do we get out of this misaligned mess?
Upwelling shared insights with PEI’s Buyouts magazine into the alignment concerns faced by GPs and LPs during economic downturns, in particular when facing a reduction in carry and in clawback situations. “When events lead to unfavorable return outcomes, however, the hurdle rate becomes an impediment, driving misalignment. Unfortunately, such misalignment will be exacerbated today given […]
PEI interview with Joncarlo Mark – Impact of COVID-19 on PE market
In an article published today by PEI, Joncarlo Mark provides perspective on current market conditions during COVID-19 crisis. Click here to read the article, ‘Most GPs are simply in fire control mode.”
Muzinich: Strategic Investment in Arbor Centers for EyeCare and Chicago Eye Institute Completed
Chicago Eye Institute (“CEI”) and Arbor Centers for EyeCare (“Arbor”), two of the leading ophthalmology practices serving the Chicago market have entered into a strategic partnership with MoonSail Capital, LLC (“MoonSail”) and Plenary Partners (“Plenary”). The parternship forms Ocular Partners, Inc. (“Ocular Partners” or the “Company”), and solidifies its place as the second largest ophthalmologist platform in […]
Muzinich: Strategic Investment in Arbor Centers for EyeCare and Chicago Eye Institute Completed
Chicago Eye Institute (“CEI”) and Arbor Centers for EyeCare (“Arbor”), two of the leading ophthalmology practices serving the Chicago market have entered into a strategic partnership with MoonSail Capital, LLC (“MoonSail”) and Plenary Partners (“Plenary”). The parternship forms Ocular Partners, Inc. (“Ocular Partners” or the “Company”), and solidifies its place as the second largest ophthalmologist platform in […]
Upwelling to provide course during the 2020 EMPEA | LAVCA PE Masterclass
On Tuesday, March 4, 2020, Joncarlo Mark (Founder) and Mike Dutton (Industry Advisor) will lead a discussion during the EMPEA | LAVCA Private Equity Masterclass in Association with ColCapital. The conference, taking place in Bogota, Clombia, serves as an opportunity for LATAM fund managers and investors to gain practical insights from EM PE practicitioners. The […]
Private Equity Law Report Features Upwelling Research in Article
The Private Equity Law Report (PELR) released an article highlighting Upwelling Capital’s white paper, “Watch Your Tail-End,” an analysis on tail-end funds. The article summarizes the findings of the report on whether investors might be better off selling their tail-end fund interests, even at a steep discount, and reinvesting the proceeds in a different fund. […]
Secondaries Investor Features Upwelling Report on “Tail-End” Funds Performance
Secondaries Investor featured Upwelling’s report in an article published on 5/30/19. Selling at a discount is better than holding tail-ends – report An analysis of private equity funds by Upwelling Capital shows holding funds for longer than 10 years brings more downside risk than upside potential. By Adam Le Limited partners could be better off […]
Upwelling Releases Research on Tail-End Funds
Upwelling released an in-depth research report which examines the performance of private equity funds operating beyond 10 years (“Tail-End Funds”). The report details key findings, such as: • On average, Tail-End Funds lose value, regardless of quartile ranking • The opportunity cost of holding Tail-End Funds is enormous • Stellar returns aren’t required to compensate […]
ILPA Releases Guidance on GP-led Secondary Transactions
Today, the Institutional Limited Partners Association (ILPA) released a Guidance on best practices for GP-led Secondary Transactions. The document, titled “GP-Led Secondary Fund Restructurings: Considerations for Limited Partners and General Partners,” addresses the growing number of such transactions and offers parameters for an efficient and transparent process. Upwelling is proud to have contributed insight to […]
