Analysis & Consulting
for
Private Markets

In the face of a deluge of capital, GPs are seeking ways to gain a competitive edge in attracting top investors and top portfolio companies. To this end, many VC firms are increasingly trying to differentiate themselves by providing value added services (VAS). In this post, Jake Ledbetter discusses some of our recent research into this phenomenon and explores its staying power.

In today's crowded PE industry, fund managers are facing pressure to deploy capital in a hot market while still achieving the outperformance PE is known for. But LPs are becoming frustrated with stagnating returns and high fees, leading some to question the classic PE fund structure itself. Could this moment in time be an opportunity for alternative PE models to flourish? In this post, Alex Billias considers the rise of the independent sponsor model, and how its potential benefits to both fund managers and LPs may .make it particularly well-suited to the current PE environment.

In this blog post, Alex Billias and Jake Ledbetter discuss how Bella Private Markets uses Monte Carlo- style simulation methods and historical data to model the cash flows and valuations of portfolios of private equity funds. They also explore how investors and fund managers alike can benefit from this powerful, customized approach to modeling risk and returns.

Bella Private Markets collaborated with the Coller Research Institute to produce the fourteenth issue of Private Equity Findings, a publication that curates the most important cutting-edge academic research on private equity and brings together leading practitioners to discuss its implications. This issue examines whether the current size of the private equity industry poses a risk to the wider economy, "unicorn" valuations, how to value originality in companies, the rise of co-investments, and the relative performance of funds-of-funds, among other topics.