（原标题：北京新源股权投资基金完成备案 | 企查查LP周报(06.30-07.06)） 新备案私募基金数量表 企查查大数据研究院依据上周(06.30-07.06)新备案私募股权、创业投资基金信息，剔除GP及自然人后， 涉及169家LP投资方企业（去重后），将未公开认缴出资金额和认缴比例信息剔除后，累计认缴金额 380.89亿元人民币。从LP所属地区分布看，主要分布在江苏省，占比为江苏省15.38%；累计认缴金额最 高是湖南省和浙江省，占比为湖南省14.21%、浙江省12.81%。本周政府背景资金认缴金额最高，累计 307.61亿元人民币，占比80.76%。 企查查数据显示，上周(06.30-07.06)中国证券投资基金业协会（简称"中基协"）新备案私募股权、创业 投资基金共79支，累计募集认缴金额404.48亿元人民币。从基金所属地区分布看，新备案基金数量最多 是浙江省，新备案18支基金，合计占比22.78%；累计募资认缴金额最高是北京市和湖南省，占比为北 京市13.68%、湖南省13.23%。募集认缴金额较大的基金是北京新源股权投资基金，规模40亿元，该基 金由中国中信金融资产管理股份有限公司、海港人寿保险 ...

图片来源：视觉中国 蓝鲸新闻6月27日讯（记者 敖玉连）准入趋严、出清加速，是这两年私募业的关键词。 月内已有90家私募管理人注销牌照，而同期拿到牌照的机构仅有11家，还多是正规军，包括太保、淡马锡、汉斯等中外金融巨头。拉长到年内， 私募管理人的注销、注册的数量分别为604家、 69家。 2022年2月，全市场有2.47万家私募管理人，如今缩减到1.98万家，两年减少20%。管理人变少了，但私募年内规模却净增了0.36万亿，至20.27万 亿元，行业开启"扶优汰劣"的良性循环。 私募规模坐稳20万亿 6月26日晚间，中基协公布了最新一期私募登记备案月报。月报指出，在中基协AMBERS系统办理通过的机构共4家，其中，私募证券投资基金2 家，私募股权、创业投资基金共2家。 截止五月末，私募基金总规模为20.27万亿元。其中，私募证券基金规模5.54万亿，私募股权投资基金10.98万亿元，存续创业投资基金3.41万亿 元，私募股权规模在私募市场总规模的占比超过了50%。 2024年11月以来，私募基金的存续规模已经7个月连续增长。 备案层面，5月备案私募产品共1219只，新备案规模607.26亿元。其中私募证券投资 ...

Financial Performance - Invalda INVL reported equity of EUR 238.1 million at the end of March 2025, representing a 30.9% increase year-over-year, with a per-share value of EUR 19.82, up 30.8% from the previous year [1] - The company achieved an unaudited net profit of EUR 15.9 million in Q1 2025, which is 3.4 times higher than the EUR 4.7 million net profit recorded in the same period last year [1] Asset Management - The asset management group experienced a EUR 3 million loss for clients in Q1 2025 due to global market corrections, yet the total value of client assets under management grew by 27.9% year-over-year, exceeding EUR 1.9 billion [2] - Revenue from asset management activities reached EUR 3.9 million in Q1 2025, marking a 32.8% increase compared to the same period in 2024 [4] Strategic Developments - The successful launch of the INVL Private Equity Fund II was highlighted as a significant achievement, making it the largest fund in the Baltics [3] - The INVL Baltic Sea Growth Fund completed the sale of InMedica Group, demonstrating a successful growth strategy and returning a significant portion of capital to investors [6] Investment Activities - The INVL Renewable Energy Fund I completed an oversubscribed EUR 8 million bond issue in February 2025 [7] - The company is actively seeking investment targets for the INVL Private Equity Fund II, with expectations to finalize at least two acquisitions by the end of 2025 [6] Equity Investments - Invalda INVL's other equity investments contributed EUR 17.7 million to earnings in Q1 2025, positively influenced by strong performances from banks in which the company holds stakes [9] - Maib, Moldova's largest bank, reported a record net profit of EUR 20.1 million in Q1 2025, while Artea Bank earned EUR 17.35 million [10] Additional Insights - The agricultural business group Litagra positively impacted Invalda INVL's results with EUR 1.6 million in Q1 2025, supported by a favorable market environment [11] - The INVL Family Office expanded its client base in the Baltic region and joined an initiative to support the Vilnius Lyceum Alumni Endowment fund [8]

TPG (TPG) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Speaker0 Please be advised that today's call is being recorded. Please go to TPG's IR website to obtain the earnings materials. I will now turn the call over to Gary Stein, Head of Investor Relations at TPG. Thank you. You may begin. Speaker1 Great. Thanks, operator, and welcome, everyone. Joining me this morning are John Winklereed, Chief Executive Officer and Jack Weingart, Chief Financial Officer. In addition, our Executive Chairman and Co Founder, ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported a year-over-year growth in management fees of 18%, FRE growth of 22%, and after-tax realized income per share of Class A common stock growth of 36% [6][25][32] - The total AUM reached $546 billion, marking a significant milestone as it crossed over $5 trillion for the first time [7][25] - The company declared a quarterly dividend of $1.12 per share, representing a 20% increase over the same quarter last year [4][5] Business Line Data and Key Metrics Changes - Fundraising activities reached over $20 billion in gross new capital commitments, the highest level for Q1 fundraising on record [7][15] - The private credit strategies saw a gross to net deployment ratio of 49%, with capital deployment in drawdown funds increasing nearly 20% over the previous quarter [7][9] - The company experienced strong performance across various strategies, with significant inflows in real estate, infrastructure debt, secondaries, and private equity [15][17] Market Data and Key Metrics Changes - The company noted a shift in market conditions due to increased volatility and uncertainty, particularly following the announcement of tariffs and geopolitical events [8][22] - Despite market challenges, the company maintained a record amount of dry powder, with $142 billion available for deployment [9][12] - The European direct lending business saw a 20% year-over-year increase in deployment, indicating a modest acceleration in the European market [82] Company Strategy and Development Direction - The company aims to leverage its asset-light business model and flexible private market strategies to capitalize on market dislocations [10][11] - A focus on credit-related products is emphasized, with over 72% of total AUM in credit-related assets, primarily senior loans [12][22] - The integration with GCP International is progressing well, with expectations of realizing significant synergies in the coming months [24][76] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about navigating current economic uncertainties, citing a strong investment pipeline and the ability to invest opportunistically [22][37] - The company anticipates slower M&A activity until more certainty regarding tariffs and economic conditions is established, but sees potential for enhanced investment opportunities [22][23] - Management highlighted the resilience of the business model during past market dislocations, reinforcing confidence in future performance [10][37] Other Important Information - The company reported a significant increase in fee-related performance revenues, totaling $28 million, a substantial rise from $4 million in Q1 2024 [27] - The effective tax rate on realized income was reported at 8.1%, with expectations of a lower range of 8% to 12% for the remainder of the year [32] Q&A Session Summary Question: What is the outlook for private credit quality given potential negative GDP growth? - Management indicated that 96% of exposure in the Global Credit business is in senior loans, with low loan-to-value ratios, suggesting limited risk of defaults [40][42] Question: Can you discuss the momentum in wealth management and product growth? - Management noted record capital gathering in wealth management, with a broadening distribution network and new product offerings [50][51] Question: What is the outlook for FRE margin expansion? - Management remains optimistic about achieving zero to 150 basis points of margin expansion, despite some drag from GCP integration [58][59] Question: How is the pipeline for M&A and deployment in the current market? - Management highlighted the ability to invest across various strategies even in a subdued M&A environment, with significant dry powder available for opportunistic investments [63][67] Question: What are the opportunities in the European market compared to the U.S.? - Management noted an increase in investor appetite for European products and a modest acceleration in deployment in Europe [80][82]