Greater transparency is welcome. But given the role side letters have in securing ESG-related reporting, we fear the asset class will be poorer with a weakening of those provisions.
Institutional investors want to avoid mistakes they made post-GFC and want to capitalise on investment opportunities working around covid-19-induced limitations, Probitas has found.
Heavily invested legacy vintages might suffer more than funds in market, with the jury still out on whether this crisis will be sharp and short like the GFC, or sharp and longer-lasting running through various cycles.
Less than two years since becoming executive vice president for private equity and infrastructure at the Canadian pension, Andreas Beroutsos is stepping down.