Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JPE
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use

User menu

  • Sample our Content
  • Subscribe Now
  • Log in

Search

  • Advanced search
The Journal of Private Equity
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Subscribe Now
  • Log in
The Journal of Private Equity

The Journal of Private Equity

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JPE
    • Editorial Board
    • Published Ahead of Print (PAP)
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter
Article

Private Equity Trends to Look Out for in 2019

Simon Raftopoulos and Jacob MacAdam
The Journal of Private Equity Summer 2019, jpe.2019.1.077; DOI: https://doi.org/10.3905/jpe.2019.1.077
Simon Raftopoulos
is a partner and a member of the corporate finance and private equity teams at Appleby in the Cayman Islands
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
Jacob MacAdam
is a partner and a member of the corporate finance, private equity, and regulatory teams at Appleby in the Cayman Islands
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.
Don’t have access? Sign up today to begin your trial to the PMR platform 

Abstract

  • 1. Prevailing market conditions - Despite continuing global geo-political risks and uncertainty, private equity continues to deliver strong returns aided in no small part by the prevailing climate of low interest rates. Asset prices have consistently risen as large pools of yield hungry private equity backed cash have sought out limited quality assets.

  • 2. Private equity still an attractive proposition to investors - The private equity model remains attractive to investors resulting in significant quantities of dry powder in the market ready to be deployed.

  • 3. Recent offshore trends – Cayman – The sheer size of private equity funds being raised is ever increasing. This has resulted in ever larger M&A deals with private equity backing/involvement. With deals valued at over USD60 billion in the first half of 2018 alone and Cayman Islands companies being the target of 421 transactions, the Cayman Islands, by deal volume, ranks as the number one offshore jurisdiction for M&A transactions with considerable private equity capital backing those deals. Deals are typically structured via a statutory merger, (ii) a scheme of arrangement and/or (iii) a tender offer.

  • 4. A focus on the offshore fiduciary space – Ever increasing interest in the sector by private equity is resulting in aggressive consolidation in the fiduciary space. Examples include (i) the disposal by TMF Group, a global provider of compliance and administration services, to CBC partners for total consideration of $1.75 billion and (ii) Apex Group Ltd. and Genstar Capital acquiring the Deutsche Bank Alternative Fund Services business. Fiduciary assets are attractive to private equity given the strong recurring cash flows derived from annuity like revenues and the opportunity to apply rigorous management methods. These deals are almost exclusively cross-border often involving Cayman Islands structures highlighting the importance of careful structuring.

  • © 2019 Pageant Media Ltd
View Full Text

Don’t have access? Register today to begin unrestricted access to our database of research.

Log in using your username and password

Forgot your user name or password?
Next
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Private Equity: 23 (1)
The Journal of Private Equity
Vol. 23, Issue 1
Winter 2019
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Private Equity.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Private Equity Trends to Look Out for in 2019
(Your Name) has sent you a message from The Journal of Private Equity
(Your Name) thought you would like to see the The Journal of Private Equity web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Private Equity Trends to Look Out for in 2019
Simon Raftopoulos, Jacob MacAdam
The Journal of Private Equity Feb 2019, jpe.2019.1.077; DOI: 10.3905/jpe.2019.1.077

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Private Equity Trends to Look Out for in 2019
Simon Raftopoulos, Jacob MacAdam
The Journal of Private Equity Feb 2019, jpe.2019.1.077; DOI: 10.3905/jpe.2019.1.077
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • PREVAILING MARKET CONDITIONS
    • PRIVATE EQUITY STILL AN ATTRACTIVE PROPOSITION TO INVESTORS
    • RECENT OFFSHORE TRENDS—CAYMAN ISLANDS
    • A FOCUS ON THE OFFSHORE FIDUCIARY AND FUND ADMINISTRATION SPACE
    • ENDNOTES
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • Editor’s Letter
  • Editor’s Letter
  • Long-Run Management of Private Equity Investment
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN: 1096-5572 | E-ISSN: 2168-8508

  • Site Map
  • Terms & Conditions
  • Privacy Policy
  • Cookies