Upwelling Capital Group overview
Stories about Upwelling Capital Group
How many PE funds are at risk of GP clawback? One in 14 – study
There could be almost $80bn of NAV in funds where carry is owed back to LPs that have backed US vehicles, according to research from Upwelling Capital Group.
Side Letter: PE's dirtiest words
NAV loans are the dirtiest words in private equity, according to a report from Upwelling Capital. But first, notes from the London School of Economics' annual alternatives conference. Here's today's brief, for our valued subscribers only.
LPs are missing the boat when it comes to continuation funds – research
Investors who do not participate in GP-led secondaries opportunities could be incurring an opportunity cost of at least 15% over the long run, a study by Upwelling Capital Group has found.
Upwelling Capital: How do we get out of this misaligned mess?
GPs and LPs need to be realistic and flexible to reconstruct alignment in the most challenging of situations, write executives from the boutique investment advisory firm.
Five minutes with Upwelling Capital
Founder Joncarlo Mark, a former senior portfolio manager at the California Public Employees’ Retirement System, answers our quick-fire LP quiz.
Upwelling Capital Group contact information
Offices
2820 Fifth Street, Suite 120, Davis, 95618, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Joncarlo Mark | Job titleFounder & Partner | LocationDavis, United States | Email  ------- |
| Mr. Eric Green | Job titlePartner | LocationDavis, United States | Email ---------- |
Upwelling Capital Group funds managed
Funds in market: 1
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size -------- | Open dateJun 2024 | Strategy -------- | |
Closed funds: 1
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------ | Close date- | Strategy ----- | |
Stories that mention Upwelling Capital Group
Side Letter: The walking dead?
In today's edition, Why zombie funds could lead to a markdowns 'reckoning'; Asian giant MBK closes below target as a controversy rumbles on; Federated Hermes racks up more capital for co-investments.
Side Letter: Black hole fund
LPs without the technical capacity or appetite for secondaries could find themselves with a trophy asset blind spot. Plus: San Bernardino reckons emerging managers could prove key to unlocking exit opportunities. Here's today's brief, for our valued subscribers only.
It’s never too early for LPs to engage with GPs on clawbacks
There are multiple ways an LP can avoid having to take the last resort route of suing a GP over return of paid-out carry.
What do LPs really think of continuation funds?
Investors including Alaska Permanent, Caisse des Dépôts, Skandia, New York City Retirement Systems and TRS Texas share their views on how this market can be improved and how they are positioning themselves to take advantage of CVs.
NPS shows LPs are keen not to miss the boat on continuation funds
Institutional investors can no longer ignore the fact that exposure to high-quality assets is increasingly accessed via the secondaries market.
PODCAST: Unlocking the power of stakeholder-driven exits
The fifth and final episode of Disruption Matters season two delves into the ways PE firms can ensure they're creating value for all stakeholders.
Side Letter: Continuation fund comparisons
A new paper from Upwelling suggests that not all continuation funds are created equal. Plus: What APAC investors are seeking from their lawyers; and how to pick deals using AI. Here's today's brief, for our valued subscribers only.
OpEx Awards 22: Meet the judges
The judging panel brought their extensive private equity market experience to bear on the awards selection process.