Flashpoint, a leading private equity firm, is ramping up its focus on European direct secondaries deals with the launch of a new $150 million-targeting fundraise. The firm, which specializes in providing liquidity solutions to private equity investors, sees a growing opportunity in the European market for direct secondaries transactions.
Direct secondaries involve the purchase of existing limited partnership interests in private equity funds, as well as the acquisition of individual portfolio companies from existing funds. This type of transaction allows investors to access mature assets with established track records, providing a more predictable return profile compared to traditional primary investments.
Flashpoint’s decision to increase its focus on European direct secondaries deals comes at a time when the market is experiencing significant growth. According to data from Preqin, European direct secondaries deal volume reached a record high of $10.8 billion in 2020, representing a 37% increase from the previous year.
The firm’s new fundraise will enable it to capitalize on this growing market opportunity and expand its presence in Europe. Flashpoint has a strong track record of executing successful direct secondaries transactions, with a focus on providing tailored solutions to sellers looking to exit their investments.
In addition to its expertise in direct secondaries, Flashpoint also brings a deep network of relationships with institutional investors and fund managers, which allows it to source attractive investment opportunities and create value for its investors.
The firm’s decision to target a $150 million fundraise reflects its confidence in the European direct secondaries market and its ability to generate attractive returns for its investors. With a dedicated team of professionals and a proven investment strategy, Flashpoint is well-positioned to capitalize on the growing demand for liquidity solutions in the private equity space.
Overall, Flashpoint’s increased focus on European direct secondaries deals with its new fundraise is a testament to the firm’s commitment to providing innovative solutions to investors and creating value in the rapidly evolving private equity landscape. Investors can expect to see continued growth and success from Flashpoint as it expands its presence in Europe and capitalizes on the opportunities in the direct secondaries market.
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