Helical Capital brings global private equity to SA
The relatively new local private equity firm has partnered with Swiss-based Partners Group, which manages $83bn worth of funds
Local private equity firm Helical Capital Partners has reached an agreement with Swiss-based counterpart Partners Group to provide investors with access to unlisted investments in developed markets through a new fund. The Partners Group Global Value 2019 fund, which will be denominated in US dollars, will be marketed to institutions and high net worth individuals. “The fund will have a primary geographical focus in North America and Western Europe and a secondary focus on Asia-Pacific and the rest of the world,” says Craig Beney, Helical Capital Partners co-CEO. Partners Group currently manages $83bn across its 19 offices worldwide. The fund will allocate money across three baskets: primary (30% of assets), secondary (20%), and direct investments (50%). Direct investments comprise transactions in which Partners Group makes a minimum investment of $200m. The group adheres to strict investment criteria, one of which favours investing in dominant players in each respective industry. “P...
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