Insights

Past Research

No Country for Old Funds Read More Revenge of the Clawback - $25B+ Problem? Read More The Dirtiest Words in Private Equity: NAV Loans Read More Are All CVs Created Equal? Read More

Latest Research

Have You Seen The Dead Walking? A Zombie Fund Story

Continuing on our previous research, this white paper provides context on the growing universe of zombie funds and, importantly, the key metrics that LPs can utilize to identify them. Specifically, using data on US buyout funds from 1998 to 2024, we provide context regarding timing of liquidity and the Realization Ratio (DPI/TVPI Max) as it relates to fund performance.

Media

October 3, 2024

Private Equity International: It’s never too early for LPs to engage with GPs on clawbacks

August 2, 2024

Upwelling Capital Group Announces Structured Liquidity Solution to Family Office

Upwelling Capital Group LLC (“Upwelling”) is pleased to announce the completion of a structured liquidity solution (“SLS”) on behalf of a family office for an undisclosed amount. The SLS was provided by Felicitas Global Partners, LLC (“Felicitas”) through its third credit secondaries fund. With the…

February 26, 2024

Loan Note: Political outlook prevents clarity around prospects; LPs urged to tread carefully on NAV loans

Previous 1 … 3 4 5 6 7 Next

News

February 29, 2020

Upwelling to provide course during the 2020 EMPEA | LAVCA PE Masterclass

August 7, 2019

Private Equity Law Report Features Upwelling Research in Article

May 31, 2019

Secondaries Investor Features Upwelling Report on “Tail-End” Funds Performance

May 29, 2019

Upwelling Releases Research on Tail-End Funds

Previous 1 … 3 4 5 6 7 … 14 Next

#uw-cursor-bg { isolation: isolate; } #uw-cursor-bg .uw-blob { pointer-events: none; will-change: transform; transition: transform 0.1s ease-out; } @media (max-width: 767px) { #uw-cursor-bg .uw-blob { filter: blur(24px) !important; opacity: 0.45 !important; } } (function () { var container = document.getElementById('uw-cursor-bg'); if (!container || container.dataset.uwInit) return; container.dataset.uwInit = '1'; document.body.appendChild(container); var blobs = Array.prototype.slice.call(container.querySelectorAll('.uw-blob')).map(function (el) { return { el: el, depth: parseFloat(el.dataset.depth) || 0.03, curX: 0, curY: 0, targetX: 0, targetY: 0, phase: Math.random() * Math.PI * 2, driftSpeed: 0.00045 + Math.random() * 0.00055, driftAmp: 22 + Math.random() * 26 }; }); var mouseX = null; var mouseY = null; var lastMoveTime = Date.now(); var reduceMotion = window.matchMedia && window.matchMedia('(prefers-reduced-motion: reduce)').matches; function handleMove(e) { var clientX = e.touches ? e.touches[0].clientX : e.clientX; var clientY = e.touches ? e.touches[0].clientY : e.clientY; mouseX = clientX - window.innerWidth / 2; mouseY = clientY - window.innerHeight / 2; lastMoveTime = Date.now(); } window.addEventListener('mousemove', handleMove, { passive: true }); window.addEventListener('touchmove', handleMove, { passive: true }); function animate(t) { var idleFor = Date.now() - lastMoveTime; var influence = mouseX === null ? 0 : Math.max(0, 1 - Math.max(0, idleFor - 3000) / 4000); blobs.forEach(function (b) { var driftX = Math.cos(t * b.driftSpeed + b.phase) * b.driftAmp; var driftY = Math.sin(t * b.driftSpeed * 0.8 + b.phase) * b.driftAmp; var reactX = mouseX !== null ? mouseX * b.depth * influence : 0; var reactY = mouseY !== null ? mouseY * b.depth * influence : 0; b.targetX = driftX + reactX; b.targetY = driftY + reactY; b.curX += (b.targetX - b.curX) * 0.12; b.curY += (b.targetY - b.curY) * 0.12; b.el.style.transform = 'translate3d(' + b.curX.toFixed(1) + 'px,' + b.curY.toFixed(1) + 'px,0)'; }); if (!reduceMotion) { requestAnimationFrame(animate); } } if (reduceMotion) { blobs.forEach(function (b) { b.el.style.transform = 'translate3d(0,0,0)'; }); } else { requestAnimationFrame(animate); } })();

INSIGHTS