Marine Cole
The Harvard Management Company is changing its investment model, but it’s still unclear when it will pay off.
The alternative asset manager has built an internal data group that collaborates with other units.
Former Massachusetts governor Deval Patrick, who leads Bain Capital’s impact fund, was speaking at PEI’s CFOs and COOs Forum 2018 in New York.
The firm closed its debut financial services-focused fund on $2.3bn at the end of 2017 after about six months on the road.
Brian Conway, managing partner and chairman of the private equity firm, explains how the current deal environment and an increased focus on growth has affected his firm’s approach.
Béla Szigethy and Stewart Kohl, co-chief executives of the Riverside Company, believe the current strong seller’s market in private equity will continue this year.
Greg Stento, a managing director at HarbourVest Partners, worries the lessons learned from prior downturns are fading.
The KKR alum, who spent a quarter of a century at the firm, is breaking with the traditional private equity model with his latest fund, and aiming for better GP/LP alignment.
As the economic cycle approaches its peak, it can be challenging to predict what will happen in 2018, but one thing is almost certain: more money will flow into private equity.
Some of the largest private equity managers have unveiled their transition plans from founder control to the next generation.