Graham Bippart

Lenders are rethinking due diligence after a private equity manager was arrested on charges that he forged LP commitments.

Subscription credit facilities linked to ESG have piqued the interest of many GPs in the past year. Could these lines be right for you?

Firms foresee permanent change to their operating models as a result of the pandemic, and their focus has shifted from employee productivity to diversity and inclusion initiatives.

The organisation aims to cut down on the time, money and energy put into the NDA process.

Can private equity be a force for good? We interviewed the key leaders at Blackstone, KKR and Carlyle who are aiming to transform an industry and leverage its economic and social power to drive change.

Everyone in the subscription credit facility market is ‘busy’, but it is far from business as usual. Industry players wonder what the future of the sector looks like, and reveal critical changes that may suggest a new, if still evolving, normal for the market.

The organisation hopes to spark debate with its new deal-by-deal model LPA, which incorporates recent changes to its whole-of-fund model LPA. Sister title Private Funds CFO spoke with some of the people who developed it ahead of the LPA’s release.

The industry organisation is circulating a draft proposal recommending a host of disclosures on GPs’ use of subscription credit lines, with an eye to helping LPs manage exposure to the lines, allocation to PE and overall liquidity.

Two European LPs have already defaulted on capital calls, and more are rumoured, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.

Doug Cruikshank talks with senior editor Toby Mitchenall about the growing asset class: how it works, who it works for and what he thinks it can do for sponsors during an economic slump.