Selin Bucak

Paris

Freelance Journalist at Freelance

Correspondent at Citywire

Freelance journalist & Citywire alts correspondent. Sign up to substack via: https://t.co/46SyJlBxZ5 Views my own...

Articles

Private markets groups boost efforts to capture Middle East wealth

2 weeks ago | citywire.com | Selin Bucak

LONDON: The Middle East has long been a destination for closed-end private equity funds looking to raise capital. The region is home to sovereign wealth funds, managing vast sums of money generated via oil revenues. But beyond the institutional investors, there is a growing population of ultra-high net worth individuals (UHNW). According to Knight Frank, there were 47,437 people with a net worth of more than $10m (R179.8m) in the region in 2024 - up 7.1% year-on-year.
Connection Capital's Madden: Public-private funds not the answer for wealth access

2 weeks ago | citywire.com | Selin Bucak

Combining public and private assets in a single fund can create a whole host of problems, Claire Madden, managing partner of Connection Capital, has warned. Madden is one of the founders of Connection Capital, the alternative investment specialist working with high-net-worth (HNW) individuals and family offices since 2010. The firm offers opportunities to invest in private equity and other alternative strategies, both in direct deals and funds, to its clients from £25,000.
HSBC frontier star says tariffs can't stop progress

2 weeks ago | citywire.com | Miles Costello |Chris Sloley |Selin Bucak |Joseph Eden

To use a musical analogy, you could say frontier markets are fund management’s rock’n’roll: sometimes edgy and unpredictable, regularly volatile, but more often than not exciting to spend time with. The world’s least developed, but often fastest-moving economies, are certainly the most precarious, even for the canniest investor. They tend to be less regulated, more politically unstable and less well covered by analysts and other fund managers.
L&G takes majority stake in real estate specialist

2 weeks ago | citywire.com | Selin Bucak

Legal & General has acquired a 75% stake in global real estate investment specialist Proprium Capital Partners, as part of its efforts to bolster its private markets capability. Proprium Capital Partners, which has $3.5bn in assets under management, spun out of Morgan Stanley’s real estate special situations team in 2013 and has operations across the US, Europe and Asia Pacific. As part of the deal, L&G will commit up to $300m of capital to Proprium’s future fund strategies.
Market volatility creates distressed debt opportunity

2 weeks ago | alternativecreditinvestor.com | Selin Bucak

Global News, Top 3 Ares Management Corporation, David Hamilton, Howard Marks, Moody's, MSCI Research, Oaktree Capital Management, Patrick Warren, Strategic Value Partners Oaktree Capital Management closed the largest distressed debt fund ever raised at the start of this year, attracting $16bn (£12.2bn) in capital.
ETF investors dump US equities as home bias takes hold

3 weeks ago | citywire.com | Selin Bucak |Nour Azhar |Chris Sloley

European exchange traded fund (ETF) investors demonstrated a strong preference for domestic and global exposures in April, slashing their US equity allocations in a decisive market rotation. Investors pulled more than €3.6bn from US equity exposures while pouring capital into European large-caps and global strategies, according to Morningstar data.
Fund firms chase public-private partnerships to lure retail money

3 weeks ago | citywire.com | Selin Bucak

Partnerships between alternative and traditional asset managers are taking off as the investment management industry looks for innovative ways to attract retail money, at a time when institutional capital has become harder to come by. From Blackstone’s tie-up with Vanguard and Wellington to KKR’s partnership with Capital Group, the largest alternative asset managers and the biggest traditional fund shops have realised that it may be better to work together than compete against each other.
The public-private combo: AMs find new solution to attract retail money

3 weeks ago | citywire.com | Selin Bucak

Partnerships between alternative and traditional asset managers are taking off as the investment management industry looks for innovative ways to attract retail money, at a time when institutional capital has become harder to come by. From Blackstone’s tie-up with Vanguard, and Wellington to KKR’s partnership with Capital Group, the largest alternative asset managers and the biggest traditional fund shops have realised that it may be better to work together than compete against each other.
AllianzGI lève 400 M€ pour un fonds de marchés privés semi-liquides

3 weeks ago | citywire.com | Selin Bucak

Allianz Global Investors a levé plus de 400 millions d’euros de capitaux pour son fonds de marchés privés semi-liquide, lancé à l’été 2023. Le fonds Allianz Core Private Markets investit dans les infrastructures, la dette privée et le capital-investissement. Avec environ 10.000 positions sous-jacentes, le fonds est actuellement alloué à 40% aux actions et à la dette d’infrastructure, et à 30% à la dette privée et au capital-investissement. Déjà inscrit(e)?
AllianzGI raises €400m for semi-liquid private markets fund

3 weeks ago | citywire.com | Selin Bucak

Allianz Global Investors has raised over €400m in capital for its semi-liquid private markets fund, launched in the summer of 2023. The Allianz Core Private Markets fund invests across infrastructure, private debt and private equity. With around 10,000 underlying positions, the fund currently has 40% allocated to infrastructure equity and debt, and 30% each to private debt and private equity. Already have an account?