Asante Capital Named to PEI’s Inaugural Top Private Equity Placement Agents of 2023
Asante Capital was ranked as one of Private Equity International’s Top Private Equity Placement Agents of 2023, ranking fourth for overall capital raised across all private market strategies and third for both the APAC and North America regions.
PEI’s inaugural list looked at the most active placement agents and winners were chosen based on their performance, rather than submission.
Maximizing chances of success on GP-led transactions
It’s a tough market for continuation vehicles and other GP-led transactions. Transactions fail to finish, with the two key challenges being pricing falling short of expectations and capital raising falling short of the amount required to underwrite the transaction.
Amid this difficult environment, Asante’s secondaries advisory team has an over 90% success rate in closing transactions in the past 18 months across North America and Europe.
Vertex Ventures China (the ‘Firm’, ‘VVC’) closes Fund V at USD 390 million
We are pleased to announce the successful final closing of Vertex Ventures China V L.P. (the ‘Fund’) at USD 390 million. The Fund surpassed its predecessor fund size by over 40%.
Asante Capital Solutions – Q2 2023 Newsletter
As private equity faces uncertainty worldwide, we expect the next five years to see a marked improvement throughout Europe. With the region’s macroeconomic environment showing signs of stability, we anticipate the European market will emerge with new transaction opportunities.
Asante Capital congratulates its partner Maguar Capital on the close of a more than €235 million continuation fund transaction for HRworks
We are delighted to share that Maguar Capital Capital GmbH & Co. KG, managed by Maguar Capital, a leading B2B software investor in the DACH region, yesterday closed on the sale of its portfolio company HRworks Holding GmbH to a newly established continuation fund, Maguar Continuation Fund I GmbH & Co. KG (“Maguar CF I”).
Zamana, recipient of the 2023 Prince’s Trust International Amal Clooney Women’s Empowerment Award Visit’s our London Office
We had the privilege of holding a breakfast with Zamana, the recipient of the 2023 Princes Trust International Amal Clooney Women’s Empowerment Award at the Asante London Office.
Private Equity’s First-Quarter Fundraising Dollars Hold Steady but Closings Fall
Fraser van Rensburg, one of Asante’s managing partners, was quoted in The Wall Street Journal for an article by Chris Cumming about Q1 2023 private equity fundraising activity.
Ex-Carlyle exec’s shop Broad Sky closes in on target for debut fund
We are thrilled to announce that Broad Sky Partners, a private equity firm partnering with leading middle market business services and consumer companies, is making progress in building an outstanding new franchise.
Asante Capital Group Announces Global Managing Director Promotions
Asante Capital Group (“Asante”), a leading independent private equity placement and advisory group, is pleased to announce five team member promotions to Managing Director, effective April 1, 2023.
Asante Market Pulse – Winter 2023
Asante would like to thank all of you who took the time to complete the Asante Winter Survey, which has resulted in Asante donating a record sum to our partners at the Asante Africa Foundation. The foundation has positively impacted over 840,000 lives in East Africa, striving to empower the region’s youth by providing education programs and scholarships to the leaders of the future.
This 2023 Asante Winter LP Survey reflects a shift in investors’ sentiment as a fall in public markets reducing investors allocations for private assets. There were a host of “fear factors” that drove LPs’ slowdown from investing in private markets in 2022.