Fund Managers

In the rapidly evolving and highly competitive private marketplace, fund managers turn to Bella for solutions to their most complicated or sensitive problems. Our clientele includes fund managers across six continents and every stage of investment, from top global buyout firms to highly-specialized regional seed investors. Bella’s high-touch approach allows us to gain a deep understanding of each client’s unique needs and positioning. Through tailored analysis, tactical recommendations, and high-quality reports we help firms raise funds, build their brands, and enhance their internal operations.

Solutions

Fundraising

Fundraising

Bella Private Markets supports fund managers through the daunting process of raising investment capital. We offer a suite of quantitative performance assessment analyses, custom cases to help you tell your firm’s story and bring your investment strategy to life, and hands-on guidance on how best to position and present your firm to potential investors. Some of the areas in which we have helped clients preparing to raise new funds include:

  • Performance evaluation
  • Investment profiles
  • Social impact assessment
  • Accounts of value creation strategies
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Enhancing Internal Operations

Enhancing Internal Operations and Strategy

Managing an investment fund presents innumerable, often unexpected challenges. In addition to identifying and investing in promising companies, fund managers must guide the growth of their firms, nurture and retain talent, and stay abreast of continuously shifting markets. Bella prepares fund managers for these challenges by providing expert strategic advice and world-class training grounded in rigorous quantitative and qualitative analysis. Our areas of expertise include:

  • Strategic planning
  • Growth and expansion
  • Firm organization and fund structure
  • Performance evaluation
  • Social impact assessment
  • Talent management and compensation
  • Succession and institutionalization
  • Governance
  • Skills development
  • Portfolio company or limited partner training
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Strategic Positioning and Brand Building

Thought Leadership

A strong brand can help fund managers stand out in the crowded private markets. Fund managers commission Bella Private Markets to generate cutting edge research to support their work and cement their positions as industry leaders. We have provided a wide variety of brand building products for our clients, including:

  • White papers
  • Periodicals
  • Investor relations materials
  • Case studies
  • Custom research
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Representative Projects

humpback whale

Sector Specific Deep Dive

humpback whale

Sector Specific Deep Dive

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We produced a deep dive report into a specific sector to identify promising future investment strategies. By analyzing the evolution of that industry in other emerging and developed markets, we outlined possible trajectories for the Indian market and recommended specific strategies for creating value in this evolving space.
Spiral Staircase

Targeted Performance Analysis

Spiral Staircase

Targeted Performance Analysis

Client Type: Fund Manager

Solution: Fundraising

We provided a robust performance analysis of a private equity firm's historical track record to support its efforts to raise a new fund. In a detailed analysis, we recast the performance of the firm's prior funds, many of which had atypical fund structures, in the same fund terms offered by the new offering. This allowed potential limited partners to easily understand the firm's intricate track record and properly assess the investment opportunity.
puzzle pieces

Annual Conference

puzzle pieces

Annual Conference

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We worked with a consortium of mid-market PE firms to develop an annual three-day training program for staff of varying levels of seniority. Taught by world class instructors, the programs addressed topics including leadership, negotiations, talent management, operational improvement, marketing, and strategy development. We worked with the clients and instructors to identify the proper mix of cases, lectures, and exercises and develop custom class material.
clock mechanism

Advisory Support

clock mechanism

Advisory Support

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

Working on an extended advisory capacity, we provided custom research to help a fund manager consider different fund and incentive structures.
tree stump

Governing for the Long-Term

tree stump

Governing for the Long-Term

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We prepared a one-day workshop for the executives, investors, and board of directors of a U.S. long-lived fund. The workshop focused on the governance and evaluation of long-term investments and included a series of custom vignettes and exercises to facilitate and guide meaningful discussions among participants. Following the event, we prepared and disseminated a report summarizing the key insights from the workshop.
Traditional handmade dala horse

Improving the PE Pipeline

Traditional handmade dala horse

Improving the PE Pipeline

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We conducted a comprehensive review of a mid-market private equity firm's due diligence process. Through analysis of firm data and employee interviews and surveys, we identified and addressed inefficiencies and developed solutions that optimized partner time and streamlined the investment committee decision-making process.
south america globe

Supporting a Regional Leader

south america globe

Supporting a Regional Leader

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We serve as trusted advisors to a regional investment firm, providing strategic support in topics ranging from fundraising and investor relations to growth and expansion efforts. We also speak at events sponsored by the firm to present research on the development of the region's PEVC ecosystem and related topics.
colorful powder

Long-lasting Advisory Partnership

colorful powder

Long-lasting Advisory Partnership

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

In an ongoing advisory relationship, we worked with a mid-market PE firm to train its portfolio company CEOs, facilitate strategy off-sites for the firm’s staff, and develop annual research projects.
exit sign

Preparing for Profitable Exits

exit sign

Preparing for Profitable Exits

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We designed and presented a three-day workshop for the internal investment staff of a buyout and growth equity firm. The program focused on key strategies for realizing value in the rapidly evolving PEVC industry, including the important steps early in the investment process to prepare portfolio companies for profitable exits in the future.
harvesting carrots

Optimizing Incentives and Compensation

harvesting carrots

Optimizing Incentives and Compensation

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We advised a leading alternative investment manager on the restructuring of its team's compensation and incentive structure. The report and recommendations compiled information from industry data and reports, academic research, and our firm's intimate knowledge of the PEVC industry. We augmented this work with a series of performance analyses that benchmarked the firm's track record against its peers and identified key areas of competitive advantage.
cactus plant

Advising for Growth

cactus plant

Advising for Growth

Client Type: Fund Manager

Solution: Enhancing Internal Operations and Strategy

We conducted an in-depth review of a mid-market PE firm’s options for growth and evaluated its internal structure. We've continued the relationship in an advisory capacity, attending annual LP meetings, holding monthly check-in calls, and producing annual research projects.
starry night sky

Quarterly Performance Benchmarking

starry night sky

Quarterly Performance Benchmarking

Client Type: Fund Manager

Solution: Fundraising

We provide comprehensive performance tracking and benchmarking for a major emerging markets PE fund on a quarterly basis, comparing overall and fund-by-fund performance against relevant public and private market benchmarks. We also evaluated the sources of value creation within the firm through a detailed attribution analysis that assessed the proportion of returns created through market selection, use of leverage, and portfolio company outperformance.
dandelions

Planning to Expand

dandelions

Planning to Expand

Client Type: Fund Manager

Solution: Fundraising

We performed a comprehensive performance assessment for a mid-market PE firm to evaluate its competitive advantages and inform the firm's expansion strategy.
dart on dartboard

Raising a Targeted Fund

dart on dartboard

Raising a Targeted Fund

Client Type: Fund Manager

Solution: Fundraising

We conducted an extensive evaluation of an emerging market PEVC fund manager's Latin American portfolio, and placed its performance in the context of a series of relevant public and private equity benchmarks. Additionally, we combined the firm's investments in a certain country--investments that had been made through multiple regional funds--into a single hypothetical fund in order to examine the firm's track record in that country and evaluate the potential for a country-specific fund.
london bus and big ben

Curating Research for Practical Application

london bus and big ben

Curating Research for Practical Application

Client Type: Fund Manager

Solution: Thought Leadership

We partnered with a global PE firm to produce a semiannual publication that gathers cutting edge research on the private equity industry and engages academics and practitioners to discuss its practical implications for alternative asset investors. View an issue of PE Findings here.
lotus flower bud

PEVC Insights for Emerging Market Investors

lotus flower bud

PEVC Insights for Emerging Market Investors

Client Type: Fund Manager

Solution: Thought Leadership

Using proprietary data as well as publicly available information, we created a series of working papers that provided a comprehensive assessment of emerging markets private equity. The papers examined various topics such as the evolution of private equity investment, prevalence and impact of various exit routes, the relative merits of minority and majority investments, and the relationship between public and private markets. The first paper in the series is available here.