AltAssets
Encyclopedia
AltAssets is an online financial news website focused on the private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 and venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

 industry. Owned and operated as a free service by private equity advisory firm, Almeida Capital, AltAssets was launched in 2001 and is based in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

.

AltAssets covers a number of areas within private equity including:
  • Transactions - leveraged buyout
    Leveraged buyout
    A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...

     transactions, mergers and acquisitions
    Mergers and acquisitions
    Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...

    , venture capital
    Venture capital
    Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

     investments and other deals;
  • Private equity firm
    Private equity firm
    A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital...

    s - news coverage about the activities and operations of the investment firms; and
  • Private equity fund
    Private equity fund
    A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....

    s - Coverage of fundraising activities and issues pertaining to private equity investors.
  • Sectors - venture capital
    Venture capital
    Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

    , the private equity secondary market
    Private equity secondary market
    In finance, the private equity secondary market refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds....

     and funds of funds


AltAssets also sponsors various private equity conferences and other events.

Statistics

According to information provided by AltAssets, they provide services to over 1,000 institutional investors and 2,000 private equity firm
Private equity firm
A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital...

s globally.

According to information provided by AltAssets, the website receives approximately 434,000 visits per month and upwards of 3 million pages are viewed. AltAssets breaks down their readership based on roles within the private equity industry:
  • General partners
    Private equity firm
    A private equity firm is an investment manager that makes investments in the private equity of operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital...

     - 47% (Private equity firms)
  • Service Providers - 29% (Advisors, intermediaries, lawyers, etc.)
  • Limited partners
    Limited partnership
    A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners , there are one or more limited partners . It is a partnership in which only one partner is required to be a general partner.The GPs are, in all major respects,...

     - 24% (investors in private equity firms)

Competition

Competition among publications within the private equity industry has intensified in recent years. Among AltAssets' competitors are PEI Media
PEI Media
PEI was founded in London in November 2001 by a team of managers from the financial media group Euromoney Institutional Investor PLC. The company was originally funded by a number of US-based investors. It is an independent media company....

, The Deal
The Deal (Magazine)
The Deal LLC is a media company that offers The Deal Pipeline, a transaction information service, and publishes finance and business magazine The Deal...

, Buyouts, Private Equity Analyst
Private Equity Analyst
Private Equity Analyst is a newsletter that since 1988 has provided news and information about the private-equity market and its investment specialities, including venture capital, leveraged buyouts, mezzanine investing and turnarounds....

 (published by Dow Jones & Company
Dow Jones & Company
Dow Jones & Company is an American publishing and financial information firm.The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company was in recent years publicly traded but privately...

) as well as PE Week and PE Hub (among other media published by Thomson Reuters
Thomson Reuters
Thomson Reuters Corporation is a provider of information for the world's businesses and professionals and is created by the Thomson Corporation's purchase of Reuters Group on 17 April 2008. Thomson Reuters is headquartered at 3 Times Square, New York City, USA...

)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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