Interview

Opportunity abounds in the small and mid-cap space, where companies are ripe for transformation initiatives, say Koji Sasaki and Toshihide Matsuda at T Capital Partners.

The Japanese market is drawing a lot of attention right now, but integrating into the local community takes time, says LYFE Capital founder and partner James Zhao.

A series of market developments and reforms have unleashed the full potential of private equity in Japan, says NSSK’s Jun Tsusaka.

As mid-market GPs look to scale, GP stakes investors can help by sharing their global expertise and by teeing up new liquidity solutions, explains Brad Pilcher, partner at Bonaccord Capital Partners.

A GP stakes transaction is a good opportunity to address the foundations on which the firm’s future will be built, but it requires a careful approach, Fried Frank Harris Shriver & Jacobson’s Saif Shah Mohammed and Brett Fieldston note.

Experienced and well-resourced GP stake investors can bring large-cap tools and skills to smaller GPs, positioning them for long-term success, say Investcorp’s Anthony Maniscalco, Ravi Thakur and Amir Rezvani.

GP stakes strategies are reaching an age where exits are no longer theoretical. Thankfully, there are now more routes available than ever before, note Hunter Point Capital’s Brian Blaney and Ross Sarraf.

As the GP stakes market becomes more competitive, PE firms are looking for more than just a cheque, say RidgeLake Partners’ Doug Amacher and Nick Assini.

Crafting an exceptional investment track record and building a lasting business are not the same thing, explain Wafra’s Adel Alderbas and Jordan Siskin.

Lower mid-market GP stakes benefit from favourable supply-demand dynamics, operational impact potential and multiple paths to liquidity, say Azimut Alternative Capital Partners co-CIOs Jeffry Brown and Michael Shedosky.