Educational Event | January 18, 2024
Insights into Private Equity Secondaries
Part of An Education Series for Ultra-High-Net-Worth Investors on Alternative Investments
Welcome to an exclusive journey into the world of alternative assets, beginning with an educational series on private equity on January 18th.
Private equity has the potential for substantial returns and growth, and can be coupled with other alternative asset classes to add diversification to a more traditional portfolio of stocks and bonds.
Ultra-high-net-worth investors typically access the private equity asset class through a fund that is broadly diversified across a number of companies.
What is Private Equity?
Private equity funds invest in privately owned businesses that are not traded on the stock market. Though a fund, investors can acquire ownership stakes in companies that are generally smaller than their publicly traded counterparts.
These investments often involve industries that are not readily accessible in public markets. By focusing on businesses beyond the stock exchange, private equity funds provide an avenue for investors to support the growth of companies in sectors that may not be well-represented in public markets.
While funds vary in their requirements, many funds require investors to be a Qualified Purchaser. An individual must have at least $5 million in investable assets to be a Qualified Purchaser.
Managing Director, ICG LP Secondaries
Ryan Levitt joined ICG in 2019 and is a Portfolio Manager of the Advisor. He has experience originating and executing complex secondary deals (including portfolio sales, direct positions, and fund restructurings) and direct PE investments. Ryan joined ICG from Drum Capital where he worked as a Managing Director, investing in lower middle-market companies with identifiable opportunities for improvement through operational, management or capital structure optimization. Prior to Drum Capital, Ryan was a Partner at Pomona Capital, a global, value-oriented private equity firm specializing in secondary investing and providing liquidity solutions for investors, where he worked alongside Co-Portfolio Manager, Oliver Gardey, for over 14 years. While at Pomona, Ryan was also the founder and Portfolio Manager of the 1940 Act Pomona Investment Fund.
Ryan holds a Bachelor of Science degree in Finance and Accounting from the Boston College.
Managing Director, ICG Strategic Equity
Justin joined ICG in March 2015 and is a Managing Director based in New York. Prior to joining ICG, Justin was a Senior Associate on the private equity secondary team at Morgan Stanley Alternative Investment Partners. He began his career at DuPont Capital Management. Justin graduated from University of Virginia with a BS in Commerce.
Request an Invitation
If you meet the event criteria, you will receive a formal invitation on January 5, 2024!