Welcome to the official website of BSAI,

We are a student association dedicated to researching and promoting alternative investments. Our association is focused on exploring the potential of alternative investment strategies across various sectors, including Private Equity, Real Estate, Venture Capital, Private Credit, and Infrastructure and Energy.

Our mission is to provide our members with in-depth research, analysis, and insights on alternative investment opportunities, as well as organize events and networking opportunities to help students build connections with industry professionals.

Through our website, you can access our extensive library of research reports, market insights, and expert opinions on various alternative investment strategies. Our team of researchers and analysts work tirelessly to produce high-quality content that provides our members with a comprehensive understanding of the alternative investment landscape.

In addition to our research publications, we also organize a variety of events, such as industry speaker series, workshops, and networking sessions, that bring together students and professionals from various alternative investment sectors.

Whether you are a student looking to expand your knowledge of alternative investments or an industry professional looking to connect with the next generation of alternative investment leaders, BSAI is the perfect platform for you. Join us today and become a part of a thriving community dedicated to exploring the potential of alternative investments.

Latest Articles

Rescue by Private Credit Funds: A Lifeline for Debt-Burdened Companies

According to business insiders, KKR & Co. is nearing a deal with a group of private credit lenders to refinance more than $3 billion in loans of its portfolio company PetVet Care Centers, a veterinary hospital operator.

This refinancing initiative is crucial for the highly indebted company, aiming to extend the maturity of its debts that are set to mature in 2025. The private equity firm is close to receiving a new $2.3 billion unitranche loan from a group led by Blue Owl Capital Inc. The loan pays an interest margin of 6 percentage points over the Secured Overnight Financing Rate. The recapitalization also includes $400 million of preferred equity from third-party investors and $600 million of additional common equity provided by KKR. KKR, the private equity behemoth, could still attempt to refinance the debt through the syndicated leveraged loan market, particularly if conditions in financing markets improve.

Building Tomorrow: Advancing Infrastructure in Developing Countries

In the realm of both economic and social progress, infrastructure serves as the vital foundation that supports the functioning of a country or region. It encompasses various crucial systems and facilities, including but not limited to transportation networks, energy systems, clean water supply mechanisms, and telecommunications infrastructure. These components are essential for facilitating economic activities, enhancing the overall quality of life, and ensuring the efficient provision of indispensable services. Infrastructure in developing nations encompasses various components that are crucial for both economic and social development. A strong transportation system facilitates trade and connectivity, while energy infrastructure is essential for powering industries and households. Additionally, access to clean water is critical for maintaining good health and sanitation, and robust telecommunications infrastructure is necessary for global information exchange and connectivity.

Elliott’s turnaround of AC Milan: The Rise of Institutional Influence in European Football Ownership

Football teams used to be considered trophy assets of very wealthy and passionate individuals who decided to pursue an expensive leisure activity rather than a profitable investment. Over the past years, however, this old-fashioned view has changed as more institutional entities have entered the European football market to exploit its untapped potential. As of November 2023, according to the financial analysis firm PicthBook, 35.7% of clubs across Europe’s top five football leagues (Spanish Liga, Italian Serie A, English Premier League, German Bundesliga, and French Ligue 1) have a percentage of their ownership held by private equity, venture capital or private debt investors. The most notorious deals that recently brought this shift in ownership under the spotlight were the $ 5.4 B acquisition of Chelsea Football Club by a consortium of investors, including Clearlake Capital, that currently owns 62% of the club, and AC Milan’s ownership transfer from Elliot Management to RedBird Capital Partners at a $1.33 B valuation.