60 Seconds with Sixpoint

The Attraction of Investing in a Re-sized or Re-Positioned Fund with a New Story

The current market environment seems to be replete with examples of fund managers exceeding their fundraising goals with a “one and done” close and accomplishing these efforts in record speed – often less than 6 months in market. Many of these sponsors are top-quartile performers where their outperformance has enabled them to command excess LP… Read More

What if I want to hold on to one asset in my portfolio…forever?

This is a common question we get from a variety of sponsors in the market, so we interrupt our regularly scheduled topic therefore to address this question put forward by many readers of the previous issue of 60 Seconds. Last week, I talked about why and how you might manage out the entirety of your… Read More

Solutions for Managing out Your Legacy Portfolio

As a result of the Global Financial Crisis, many successful GPs, including those who have recently raised new funds, are still managing legacy funds from vintages within the 2005 to 2009 timeframe. Typically, these legacy portfolios contain a few tail assets that have held back the sponsor because they have underperformed, are in need of… Read More

How to Ensure Your Fund is 2x Oversubscribed

While out on the road meeting with sponsors recently, I have been speaking about the importance of generating outsized LP demand in every given fundraise. GPs uniformly look to meet (or exceed) their fund hard cap, but rarely do they have a true capital target or LP profile in mind.  Simply stated, if you are… Read More

Key Private Equity Trends in the Middle-Market

Analytics that reflect patterns of behavior are useful underpinnings upon which to make judgements about where institutional LPs and middle-market sponsors are headed. It is important, however, to view such analysis within the broader context of the alternatives industry or the markets generally. In that spirit, Sixpoint has relied on a combination of market research… Read More

How to Keep Your Best Talent from Spinning Out and Competing with You

From the football gridiron to the modern day battlefield, coaches and generals alike have often subscribed to the principle that “the best defense is a good offense.” The same is true in private equity where the market is constantly evolving and the firms that are most willing, and capable, to adapt to meet the challenges… Read More

Communication is Key: Telling Your Firm’s Evolution Story

Private equity is no exception to the old adage: the path to success is paved with failure. In fact, any seasoned GP will attest to the fact that establishing a successful private equity firm, or any business for that matter, is rarely a smooth or linear process. From their infancy, the best private equity firms… Read More

Trendlines for 2017 (Survey Results and Analysis)

A special thank you to everyone who participated in our 2016 year-end GP survey. We hope that you find the collection of responses helpful as you plan your approach to 2017. The driving theme as you go through the results is that this coming year poses a unique set of pressures for sponsors given the… Read More

Celebrating a Milestone

2016 was another busy year at Sixpoint Partners. We closed approximately $2.0 billion of new capital across 5 managers from over 150 unique investors representing every major class and type of institutional LP. As we turn our attention to the opportunities of the upcoming year, we also take a moment to mark an exciting milestone… Read More