Tariff Threat Increases the Appeal of Uncorrelated PE Investment
March 16, 2018
|Alternative PE – From the Four Corners of the Earth – is Palico’s Speciality|
That’s just what Palico’s digital marketplace for private equity fundraisings and secondaries specializes in. Fund offerings with an investment focus covering 179 of the world’s 195 countries are listed on Palico, with more than four out of five vehicles focused on investing in the particularly inefficient small cap and lower middle market corporate sectors – far from the world of major indexes. Additionally, some 40 percent of the funds in Palico’s marketplace focus on specialities, covering everything from litigation finance to water technology, with the vast majority intended to show little correlation with the direction of the macro economy. A majority of secondaries sold on Palico involve funds that raised $250 million or less from investors – again hitting that uncorrelated, micro investing sweet spot.
|$227 Million Invested via Palico|
In 2017 limited partners invested $227 million in primary fundraisings and secondaries via Palico’s digital marketplace, overwhelmingly in smaller and more specialized funds. As average fund size grows amidst a record number of fundraisings, Palico’s digital marketplace helps off-the-beaten path fundraisings and secondary offerings in smaller funds standout, bringing them to the desktops and smart devices of interested investors the world over. Palico is making private equity ‘alternative’ again, even as the overall industry becomes mainstream.