Private Equity
The U.S. auto industry was hit particularly hard by the Great Recession, but that didn’t stop SunTx Capital Partners from scoring a big gain on an auto supplier during a 7.5-year holding period.
4 min read · 19 March 2014
In their first annual report “Navigating the headwinds: 2014 global private equity survey,” EY and PEI found that the largest regulatory change expected to impact the private equity industry is the implementation of FACTA by the US government, with 55 and 41 percent of CFOs believing that it will either have a high impact or medium impact, respectively.
1 min read · 07 March 2014
Driven by a bull market for public stocks and record distribution activity, the average high secondary bid for all funds increased to 89 percent of NAV in the second half of 2013.
1 min read · 27 February 2014
In their report “Secondary Market Trends & Outlook, January 2014,” Cogent Partners found that one significant trend in the secondary market in 2013 was the emergence of GP-sponsored transactions.
1 min read · 21 February 2014
The Canada Pension Plan Investment Board (CPPIB), one of the world’s biggest pension funds, notched another quarter of strong returns but its chief executive officer said he wishes the fund had been more aggressive when prices were cheap, sister news service Reuters reported.
2 min read · 14 February 2014
The vast majority of LPs continue to use a GP’s website as a primary source of online research when determining who to make fund commitments with.
1 min read · 14 February 2014
Sun Life Financial Inc has launched an asset management business to provide private asset class pooled funds for pension plans and other institutional investors looking to boost yield with alternative investments like real estate, sister news service Reuters reported.
2 min read · 11 February 2014
According to the latest research by Pivot Partners, the private equity industry continues to have a poor reputation, which in turn continues to impact stakeholder perceptions.
1 min read · 07 February 2014
In the last few years, the Financial Accounting Standards Board has ruled that, to be in compliance with GAAP, private equity shops need to use fair value to establish valuations.
1 min read · 31 January 2014
Tweny percent remains the standard for carried interest across both North American and international venture capital and buyout funds, although it’s not quite as standard as it once was.
1 min read · 17 January 2014
