Private Equity
Riding high on their access to top venture funds, endowments left other categories of limited partners in the dust, performance-wise, in the 1990s. But by the following decade they had largely lost their Midas touch.
3 min read · 13 February 2013
An official in the enforcement division of the Securities and Exchange Commission said last month that the agency has its eye on several industry practices that could disadvantage investors, such as the charging of deal fees and the cherry-picking of deals.
2 min read · 06 February 2013
An official in the enforcement division of the Securities and Exchange Commission said last month that the agency has its eye on several industry practices that could disadvantage investors, such as the charging of deal fees and the cherry-picking of deals.
3 min read · 06 February 2013
TIAA-CREF is hardly a newcomer to private equity. But a 25-person start-up operating under the umbrella of the giant insurance company—Covariance Capital Management Inc.—is.
3 min read · 23 January 2013
3 min read · 24 December 2012
A recent client presentation provides insights into how advisory giant Hamilton Lane outperforms the public equity markets, such as by staying flexible in the face of changing market conditions.
3 min read · 24 December 2012
Earlier this year I wrote about a rift forming among small and large investors, given the more favorable fees large investors can command in limited partnership negotiations. Now a presentation by one of the deepest-pocketed limited partners shows just how much leverage large investors are wielding.
3 min read · 07 December 2012
Big investors can save major money on management fees and carried interest by skipping limited partnerships, and investing directly in private companies. But after taking into account the considerable costs of doing so, are investors truly better off on their own?
4 min read · 12 November 2012
Did you enjoy a generous bonus for your performance in 2011? Look to do at least as well this year.
2 min read · 12 November 2012
The buyout market is doing its part to ease the nation’s unemployment rate—at least judging from its own staffing plans. According to a survey of North American private equity firms conducted this spring and summer, more than half of buyout and growth equity firms (61 percent) had planned to hire investment professionals into analyst, associate and other non-partner positions by year’s end.
3 min read · 31 October 2012
