{"id":14180,"date":"2024-03-05T06:51:02","date_gmt":"2024-03-05T06:51:02","guid":{"rendered":"https:\/\/www.fundsspectrum.com\/2024\/03\/05\/argentem-creek-partners-and-emerge9-announce-joint-venture\/"},"modified":"2024-03-05T06:51:02","modified_gmt":"2024-03-05T06:51:02","slug":"argentem-creek-partners-and-emerge9-announce-joint-venture","status":"publish","type":"post","link":"https:\/\/www.fundsspectrum.com\/2024\/03\/05\/argentem-creek-partners-and-emerge9-announce-joint-venture\/","title":{"rendered":"Argentem Creek Partners and Emerge9 announce joint venture"},"content":{"rendered":"
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U.S. Investment firm Argentem Creek Partners to expand into PE Secondaries through partnership with wealthtech solutions provider Emerge9<\/p>\n

New York, New York, United States, 5th Mar 2024 \u2013<\/strong> U.S. investment firm\u00a0Argentem Creek Partners<\/u><\/a> (\u201cACP\u201d) an emerging markets specialist investment firm, partners with\u00a0Emerge9 Inc.<\/u><\/a> (\u201cEmerge9\u201d), a Miami, FL based alternative asset platform, to launch a strategic joint venture focused on connecting non-institutional investors to General Partner (GP)-led private equity (PE) investments.<\/p>\n

\u00a0\u00a0<\/p>\n

The joint venture will combine Emerge9\u2019s origination and custom fund solutions with ACP\u2019s global relationships and presence across the Middle East, Latin America, and Asia.\u00a0<\/p>\n

GP-led secondary deals represent a growing segment of the PE secondary market.\u00a0 Given constrained M&A and IPO markets, a growing number of GP\u2019s are providing liquidity to their respective LP\u2019s by transferring prized assets into so-called continuation vehicles, funded by a new set of investors.\u00a0 In these transactions, where GP\u2019s normally roll most (if not all) of their carried interest into the continuation vehicle, investors benefit from a strong alignment of interests and visibility into a given asset\u2019s past performance under the GP\u2019s stewardship.\u201cOur research shows that the PE secondary market grew from $7bn in 2015 transaction volume to $51bn in 2023. Despite strong growth, the GP-led market remains severely undercapitalized, as reflected by a capital overhang ratio (deal volume vs dry powder) of 1.3x expected for 2024 versus 2.0x in 2022,\u201d said John Abbott, CEO and co-founder of Emerge9.<\/p>\n

\u201cThe combination of high-quality transactions and a supply\/demand imbalance favoring investors makes the GP-led market particularly attractive. This joint venture complements our expertise and strategy to explore the market opportunity in PE secondaries. At the same time, our partnership with Emerge9 allows us to execute this strategy in a much more timely, efficient manner,\u201d stated Daniel Chapman, ACP\u2019s CEO and Founder.\u00a0<\/p>\n

As part of the joint venture, both firms will collaborate on a set of initiatives aimed at broadening non-institutional investor access to private equity.\u00a0 \u201cAs Emerge9 seeks to democratize private equity through innovative technology tools, including our new AI Assistant, we believe that this joint venture positions us to accelerate our growth, particularly as we develop our distribution network in the Middle East, Europe and Latin America,\u201d said John Abbott.\u00a0<\/p>\n

About Argentem Creek Partners\u00a0<\/strong><\/p>\n

Argentem Creek Partners LP is an emerging markets specialist investment firm. The Firm invests in private assets through special situations, private credit, high yield, and bespoke capital solutions across the capital structure. Argentem focuses on delivering value for investors, partners, and the local communities.\u00a0<\/p>\n

Argentem Creek Partners was founded in 2015 by Daniel Chapman and his team.\u00a0Since inception, the team has invested $2.5bln across over 75 companies and 20 countries.<\/p>\n

About Emerge9\u00a0<\/strong><\/p>\n

Emerge9 Inc., a tech-enabled marketplace for private equity, provides wealth managers and other non-institutional investors access to both direct investment and custom fund solutions.\u00a0<\/p>\n

Since its launch in 2022, Emerge9 has offered $19.5bn in co-investments in GP-led transactions, featuring the top sponsors in the market.<\/p>\n

Founded by a team with an extensive track record in financial and consumer tech startups, Emerge9 seeks to simplify investments in bespoke private equity transactions through innovative technology solutions, including its AI Assistant.\u00a0\u00a0<\/p>\n

Media Contact<\/h3>\n

Organization<\/b>: Argentem Creek Partners<\/p>\n

Contact Person<\/b>: Loredana Matei<\/p>\n

Website<\/b>: https:\/\/www.argentemcreek.com\/<\/a><\/p>\n

Email<\/b>: media@argentemcreek.com<\/a><\/p>\n

Contact Number<\/b>: +18772354500<\/p>\n

Address<\/b>: 156 West 56th Street, 12th Floor<\/p>\n

Address 2<\/b>: New York, NY 10019<\/p>\n

City<\/b>: New York<\/p>\n

State<\/b>: New York<\/p>\n

Country<\/b>: United States<\/p>\n

Release Id<\/b>: 05032410207<\/p>\n

The post Argentem Creek Partners and Emerge9 announce joint venture<\/a> appeared first on King NewsWire<\/a>. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

U.S. Investment firm Argentem Creek Partners to expand into PE Secondaries through partnership with wealthtech solutions provider Emerge9 New York, New York, United States, 5th Mar 2024 \u2013 U.S. investment firm\u00a0Argentem Creek Partners (\u201cACP\u201d) an emerging markets specialist investment firm, partners with\u00a0Emerge9 Inc. (\u201cEmerge9\u201d), a Miami, FL based alternative asset platform, to launch a strategic […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-14180","post","type-post","status-publish","format-standard","hentry","category-vehement-finance-news-network"],"_links":{"self":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/14180"}],"collection":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/comments?post=14180"}],"version-history":[{"count":0,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/14180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/media?parent=14180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/categories?post=14180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/tags?post=14180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}