After nearly 12 months in operation, over 400 limited partner firms and more than 600 general partner firms from 60-plus countries actively use Palico.
LPs, GPs and advisers have connected on more than 500 investment opportunities posted on Palico in the past year.
Palico is the first regulated electronic platform for the full range of private equity fund investment options, including classic fundraisings, co-investments, secondaries and deal-by-deal structures. Using Palico, LPs, GPs and advisers, meet and engage with qualified counterparts on primary, co-investment and secondary opportunities.
Palico helps LPs and GPs connect in a private equity fund industry that has fragmented dramatically over the past decade by geography, specialisation and investment structure. An expanding range of private equity fund investment options now stretch well beyond private equity's traditional markets in North America and Western Europe, and new money centres are rising in Asia, Latin America, the Middle East, Africa, Australia and New Zealand. Yet neither LP nor GP resources are keeping pace with this diversification.
Palico prioritises the number one problem that LPs, GPs and advisers face, which is how to make informed and efficient choices in an increasingly complex and diverse asset class. The platform lowers costs and stretches resources by bringing private equity fund investment opportunities to the desktops, tablets and smart phones of LPs, GPs and advisers for a low annual fee.
"Palico makes discovery and engagement in the private equity fund space more affordable and efficient for everyone," says Antoine Dréan, Palico founder and chief executive.
As a regulated entity, Palico is populated only by accredited managers, investors and advisers. It is one of the only venues in the world giving LPs from over 100 jurisdictions, immediate, unrestricted access to the full range of GP documents (from track records to private placement memorandums). More than 6,500 regularly updated GP profiles and contacts are accessible via a database customized to each LP's areas of interest. GPs post investment opportunities, market and broadcast messages to motivated investors with a declared interest in their strategy.