Client Benefits
- J-curve mitigation: Significant portion of targeted capital committed before clients invest.
- Mature underlying assets: Limited blind pool risk, as many underlying portfolios are funded when AIG Investments acquires them.
- Well-diversified: Across currency, strategy, geography, vintage year and manager.
- Strong alignment of interests: Significant AIG commitment to secondary funds.
Key Differentiators
Highly experienced investment team
The secondaries investment team is comprised of seasoned private equity professionals with extensive and highly differentiated experience in primary fund investing, secondary investing and direct investing. The team also calls on other specialized private equity experts across sectors, geographies and investment vehicles. These experts provide a valuable perspective on the secondary market and extensive relationships across markets.
| Sourcing and execution advantage with complementary private equity activities |
- Sourcing advantage: Our limited partner relationships and global private equity presence increase secondary transaction opportunities from potential sellers, as well as from fund managers, intermediaries, consultants and others.
- Execution advantage: AIG Investments information advantages allow us to reduce risks, while capturing otherwise unrecognized value.
- Broad institutional knowledge: Both AIG and AIG Investments resources and networks provide a significant information advantage in evaluating secondary market opportunities.
- Expansive fund investment activities: Deep pool of data from which to draw in evaluating fund managers, individual funds and their portfolio companies.
- Significant co-investment and direct private equity investment experience: Knowledge of specific companies, sectors and geographic markets.
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Global asset management platform
AIG Investments’ position as one of the largest global asset managers provides further support and resources with more than 2,000 professionals in 46 offices worldwide.
Proven investment process
AIG Investments has developed a rigorous approach to fund, manager and direct investment due diligence, as well as a disciplined approach to portfolio construction. We have also developed proprietary methodologies to address the unique aspects of secondary market opportunities. These include statistical models to evaluate the potential future value and risks inherent in portfolios that may contain investments in hundreds or even thousands of portfolio companies.
Strong sponsorship by AIG Investments
Private equity general partners view AIG Investments as an in-demand limited partner due to its long and consistent history as an institutional investor within the private equity market. This is an important advantage in sourcing transactions and successfully executing transfers of secondary interests that generally require general partner consent.
