<br />
THE INDEPENDENT VOICE OF EUROPEAN<br />
September 2023/530/realdeals.eu.com<br />
Spec al s tuat on<br />
funds are here!<br />
iii<br />
...to revive zombie companies<br />
PRIVATE EQUITY<br />
INSIDE<br />
RISK & REWARD<br />
Experts discuss<br />
risk management<br />
DEALMAKING DROUGHT<br />
How GPs are<br />
learning to adapt<br />
FUND FINANCE TRACKER<br />
Key developments in<br />
the fund admin space<br />
Private Equity that<br />
works with you.<br />
Discover a PE firm that invests more.<br />
For us, investing in a business means<br />
investing in its people. So we work<br />
side by side with leadership teams,<br />
as true partners. And because we<br />
believe that more perspectives<br />
bring more perspective, we cultivate<br />
connections with our extended<br />
network, permanently enri<a title="RD-530-Sept-2023 page 1" href="https://secure.viewer.zmags.com/publication/042a20e2?page=1"> THE INDEPENDENT VOICE OF EUROPEAN </a>
<a title="RD-530-Sept-2023 page 2" href="https://secure.viewer.zmags.com/publication/042a20e2?page=2"> Private Equity that works with you. Discover a PE</a>
<a title="RD-530-Sept-2023 page 3" href="https://secure.viewer.zmags.com/publication/042a20e2?page=3"> UNCOMMON UNDERSTANDING</a>
<a title="RD-530-Sept-2023 page 4" href="https://secure.viewer.zmags.com/publication/042a20e2?page=4"> CONTENTS 12 IT’S ALIVE! How special situation GPs</a>
<a title="RD-530-Sept-2023 page 5" href="https://secure.viewer.zmags.com/publication/042a20e2?page=5"> u 10 October 2023 | Grand H aaw s b Speakers</a>
<a title="RD-530-Sept-2023 page 6" href="https://secure.viewer.zmags.com/publication/042a20e2?page=6"> EDITORIAL LEADER Taku Dzimwasha To the re</a>
<a title="RD-530-Sept-2023 page 7" href="https://secure.viewer.zmags.com/publication/042a20e2?page=7"> Prioritising value creation and talen</a>
<a title="RD-530-Sept-2023 page 8" href="https://secure.viewer.zmags.com/publication/042a20e2?page=8"> ALPHαBITES Cerea Partners bags €300m for new debt</a>
<a title="RD-530-Sept-2023 page 9" href="https://secure.viewer.zmags.com/publication/042a20e2?page=9"> Ardian exits Mobius stake in trade sale Ardian ha</a>
<a title="RD-530-Sept-2023 page 10" href="https://secure.viewer.zmags.com/publication/042a20e2?page=10"> FUNDS IN FOCUS Polaris partner Roger Hagborg outl</a>
<a title="RD-530-Sept-2023 page 11" href="https://secure.viewer.zmags.com/publication/042a20e2?page=11"> Traditum’s Stephen Pickup tells Real Deals the fir</a>
<a title="RD-530-Sept-2023 page 12" href="https://secure.viewer.zmags.com/publication/042a20e2?page=12"> SPECIAL SITUATIONS I n the</a>
<a title="RD-530-Sept-2023 page 13" href="https://secure.viewer.zmags.com/publication/042a20e2?page=13"> When businesses require fresh funding, stakeholde</a>
<a title="RD-530-Sept-2023 page 14" href="https://secure.viewer.zmags.com/publication/042a20e2?page=14"> DATA INSIGHT Mid-market fundraising:</a>
<a title="RD-530-Sept-2023 page 15" href="https://secure.viewer.zmags.com/publication/042a20e2?page=15"> AIMA JOURNAL EDITION 135 AIMA JOURNAL EDITION 135</a>
<a title="RD-530-Sept-2023 page 16" href="https://secure.viewer.zmags.com/publication/042a20e2?page=16"> ROUNDTABLE RISK& REWARD In a volatil</a>
<a title="RD-530-Sept-2023 page 17" href="https://secure.viewer.zmags.com/publication/042a20e2?page=17"> Phil Bourne Photography by AT THE TABLE Val Mon</a>
<a title="RD-530-Sept-2023 page 18" href="https://secure.viewer.zmags.com/publication/042a20e2?page=18"> In the current climate, mitigating risks has neve</a>
<a title="RD-530-Sept-2023 page 19" href="https://secure.viewer.zmags.com/publication/042a20e2?page=19"> We believe risk taking is the first step towards s</a>
<a title="RD-530-Sept-2023 page 20" href="https://secure.viewer.zmags.com/publication/042a20e2?page=20"> The world is returning to a state where conflict </a>
<a title="RD-530-Sept-2023 page 21" href="https://secure.viewer.zmags.com/publication/042a20e2?page=21"> Karan Khemka: Political risk analysis is not</a>
<a title="RD-530-Sept-2023 page 22" href="https://secure.viewer.zmags.com/publication/042a20e2?page=22"> We've observed a shift in focus from background a</a>
<a title="RD-530-Sept-2023 page 23" href="https://secure.viewer.zmags.com/publication/042a20e2?page=23"> Q&A Navigating choppy fundraising waters Mounir </a>
<a title="RD-530-Sept-2023 page 24" href="https://secure.viewer.zmags.com/publication/042a20e2?page=24"> REPUTATIONAL RISK RISKY BUSINESS Managing portfo</a>
<a title="RD-530-Sept-2023 page 25" href="https://secure.viewer.zmags.com/publication/042a20e2?page=25"> they operate in or the way they deal with their c</a>
<a title="RD-530-Sept-2023 page 26" href="https://secure.viewer.zmags.com/publication/042a20e2?page=26"> COMMENT New era for fund domiciles </a>
<a title="RD-530-Sept-2023 page 27" href="https://secure.viewer.zmags.com/publication/042a20e2?page=27"> WINTER EDITION Uniti</a>
<a title="RD-530-Sept-2023 page 28" href="https://secure.viewer.zmags.com/publication/042a20e2?page=28"> MID-MARKET DEALS adapting to the </a>
<a title="RD-530-Sept-2023 page 29" href="https://secure.viewer.zmags.com/publication/042a20e2?page=29"> Regional mid-market deal„ow by quarter Benelux/F</a>
<a title="RD-530-Sept-2023 page 30" href="https://secure.viewer.zmags.com/publication/042a20e2?page=30"> Flor Kassai PARTNER, INFLEXION The supply-demand</a>
<a title="RD-530-Sept-2023 page 31" href="https://secure.viewer.zmags.com/publication/042a20e2?page=31"> Kerim Turkmen PARTNER, MIDEUROPA The importance </a>
<a title="RD-530-Sept-2023 page 32" href="https://secure.viewer.zmags.com/publication/042a20e2?page=32"> Q&A Going rate: the emergence of subscriptio</a>
<a title="RD-530-Sept-2023 page 33" href="https://secure.viewer.zmags.com/publication/042a20e2?page=33"> Gathering leading private fund regulatory and com</a>
<a title="RD-530-Sept-2023 page 34" href="https://secure.viewer.zmags.com/publication/042a20e2?page=34"> FUND FINANCE TRACKER While the last six months in</a>
<a title="RD-530-Sept-2023 page 35" href="https://secure.viewer.zmags.com/publication/042a20e2?page=35"> SUBSCRIPTION FACILITIES The liquidity gap – the d</a>
<a title="RD-530-Sept-2023 page 36" href="https://secure.viewer.zmags.com/publication/042a20e2?page=36"> NAV LINES Sponsor appetite for these facilities c</a>
<a title="RD-530-Sept-2023 page 37" href="https://secure.viewer.zmags.com/publication/042a20e2?page=37"> to LPs. In some cases, the managers are looking t</a>
<a title="RD-530-Sept-2023 page 38" href="https://secure.viewer.zmags.com/publication/042a20e2?page=38"> DEALS IN FOCUS Bregal Milestone bags 5x return in</a>
<a title="RD-530-Sept-2023 page 39" href="https://secure.viewer.zmags.com/publication/042a20e2?page=39"> SEP exits Tryzens in WestBridge-backed MBO WestBr</a>
<a title="RD-530-Sept-2023 page 40" href="https://secure.viewer.zmags.com/publication/042a20e2?page=40"> PEOPLE TPG Alternative asset managem</a>
<a title="RD-530-Sept-2023 page 41" href="https://secure.viewer.zmags.com/publication/042a20e2?page=41"> KEY MOVE LDC announces senior promotion and appoi</a>
<a title="RD-530-Sept-2023 page 42" href="https://secure.viewer.zmags.com/publication/042a20e2?page=42"> Vulture HOLD YOUR HORSES! Lion Capital's recent t</a>
<a title="RD-530-Sept-2023 page 43" href="https://secure.viewer.zmags.com/publication/042a20e2?page=43"> Real Deals publishes the most important Europe</a>
<a title="RD-530-Sept-2023 page 44" href="https://secure.viewer.zmags.com/publication/042a20e2?page=44"> </a>