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March 25, 2022

Velocity Capital Advisors secures strategic backing from RGA

Velocity Capital Advisors has secured a strategic minority investment from New York-headquartered life and health reinsurer Reinsurance Group of America (RGA).

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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The size of the investment was not disclosed.

As part of the deal, RGA will pick an undisclosed minority interest in Velocity through its wholly-owned subsidiary.

The firm has also signed a long-term investment management agreement with Velocity on behalf of one or more its subsidiaries.

Velocity provides capital to help sponsors of any fund type or sector improve returns, enhance portfolio company balance sheets, or set up liquidity for growth, succession planning or distributions.

The firm also offers customised, non-dilutive debt and preferred equity financing solutions for a range of alternative asset managers.

These includes fund of funds, private equity funds, growth capital, hedge funds, venture capital, real estate, and credit-oriented strategies

Velocity has nearly $1.5bn in assets.

Commenting on the deal, Velocity co-founder and managing partner Ed Levy said: “RGA is the ideal partner for our firm as we enter our next phase of growth. They share our strategic vision for the business which is premised on providing tailored capital solutions to meet the unique liquidity needs of the alternative asset secondary market.

“With RGA’s support, and that of our other investors, we believe that we can continue to strengthen our market position by delivering a differentiated value proposition to all of the constituents that we serve.”

RGA CIO and executive vice-president added: “This is RGA’s first transaction of this type, and we plan to continue evaluating investments in alternative asset managers in the coming years as part of our strategic goal to further expand our investment platform.”

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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