PARIS, May 30, 2012 /PRNewswire-iReach/ -- Palico SAS announces the launch today of Palico, the first global online marketplace for the private equity fund community, bringing together fund investors ("LPs"), fund managers ("GPs"), placement agents and gatekeepers.
(Photo: http://photos.prnewswire.com/prnh/20120530/CG14931)
Over two years in development, Palico is the first electronic platform to win broker-dealer licenses for the full range of private equity fund investment options, including opportunities in fundraising, secondaries and co-investment. Using the Palico self-service marketplace, private equity LPs, GPs, placement agents and gatekeepers, based in over 100 countries, have the ability to meet and engage with qualified, accredited primary, secondary and co-investment counterparts.
With Palico, LPs achieve unprecedented market coverage and productivity in their discovery process for fundraisings, co-investments, pledge funds and other private equity fund structures, while easily buying and selling secondary fund stakes. GPs leverage unique online capabilities to broaden their marketing efforts beyond their established business circle. Placement agents extend the reach of their fundraising and secondary mandates. Gatekeepers discover and select investment opportunities on behalf of their LP clients.
Palico has a rapidly growing subscriber base of private equity LPs, GPs and advisors from the Americas, Europe, Asia, the Middle East, Africa, Australia, and New Zealand. Access to the Palico platform is provided for a flat annual subscription fee. No success fees or commissions are levied on members.
"Our ambition is to unite the fragmented, multi-trillion dollar global private equity fund community," says Antoine Dr?an, founder and chief executive officer of Palico SAS. "Palico is a groundbreaking way for LPs, GPs and advisors to maximize manpower and a finite budget in an increasingly global and complex private equity world."
Using Palico an LP or gatekeeper can:
- Anonymously search for GPs in strategies of interest.
- At each visit, via an efficiently designed dashboard, consult an automatically updated news digest for strategies of interest, see GP communications ? including invitations to meet face-to-face ? and discover new, targeted opportunities that match declared strategies of interest.
- Compare all the GP teams, fundraisings, secondaries and co-investment programs in strategies of interest, while maintaining anonymity.
- Easily access the private placement memorandums, marketing documents and due diligence materials of GPs, dispensing with time consuming processes designed to prove qualified investor status.
- Anonymously gauge interest in potential secondary sales with the option ? but not the obligation ? to conduct commission-free auctions via Palico.
- Anonymously use Palico's non-binding, commission-free secondary auctions as benchmarks for further offline sales efforts.
Using Palico a GP or placement agent can:
- Promote investment opportunities without restriction, via an online profile, and present marketing documents there.
- Discover the identity of potential investors in exchange for giving them access to requested confidential investment documents (for example, a private placement memorandum).
- Send short Twitter-like marketing messages to a global community of LPs and gatekeepers with a declared interest in a particular strategy.
- Communicate before, during and after fundraising.
- Generate investor leads easily, whether sales efforts are led by a placement agent, or by a GP's own investor relations team.
Palico's platform allows all of its members to easily ? and effectively ? discover and engage with qualified counterparts on a global scale, in a compliant, regulated and secure environment.
For LPs, GPs and advisors, Palico is a revolution in the making.
ABOUT PALICO
Palico is the first online private equity fund marketplace bringing limited partners, general partners, placement agents and gatekeepers together ? in one place ? to meet and engage with qualified counterparts. A broker-dealer in the United States and the European Union, it is secure, regulated and neutral. Palico is a member of the Financial Industry Regulatory Authority, and is licensed by the Autorit? des March?s Financiers and the Banque de France's Autorit? de Contr?le Prudentiel. The self-service platform is conveniently accessible throughout the world from Internet browsers and Apple? iPhone?, Android?, and RIM? Blackberry? mobile applications. For more information about Palico, visit www.palico.com.
MEDIA CONTACT
David Lanchner
Lanchner Communications
New York ? Paris
+ 33 (0)6 33 43 50 76
dlanchner@lanchner.com
###
Media Contact: David Lanchner Lanchner Communications, 12126614700, dlanchner@lanchner.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Lanchner Communications
ohio state football capital one bowl winter classic 2012 georgia bulldogs football rashard mendenhall rachel zoe penn state football
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.