Home Authors Posts by Preeti Singh

Preeti Singh

Why LPs are upping the ante on fee verification

A number of factors are pushing investors to seek outside help in sifting through their fees, expenses and carried interest payments.

Apollo LPs raise concerns over Leon Black’s relationship with Jeffrey Epstein

The private equity firm has not been proactive in reaching out to LPs but has sought to assuage concerns when contacted, sources said.

How family office Stephens Group created a private equity-like structure

The group has invested in around 30 platform companies and add-ons, and is building out its investment team.
Panellists at Emerging Manager Connect 2019 said LPs were looking for strong teams, skin in the game and honest dialogue

Four things we learned at Emerging Manager Connect 2019

LPs are looking for strong teams, skin in the game and honest dialogue, delegates heard at sister title Buyouts’ fourth annual gathering devoted to new managers.

Texas TRS to co-underwrite co-investments

The pension system is in the process of expanding the direct investment portion of its private equity portfolio from 26% to 35%.

Florida SBA’s John Bradley on its next moves

Five years into restructuring its private equity portfolio, the $160bn Florida State Board of Administration limited partner is now expanding its focus into distressed strategies and building its Asia exposure.
Chart, decline

Blackstone’s private equity returns fall in second quarter

The asset manager still expects to cross $100bn in total capital inflows in 2019, having already raised $64bn so far this year.
New York

Warburg Pincus’s Joseph Landy to step down

The co-CEO has led the firm alongside Charles Kaye since 2000, growing its assets more than fourfold while remaining a pure-play private equity player.
Charts

CalPERS’ private equity returns fall by 50% in fiscal 2019

The asset class was still the second highest return generator, and the pension system is expanding its programme to help achieve a 7% actuarial rate of return.
Abu Dhabi

ADIA’s direct private equity investments double in value in three years

Almost 40% of the sovereign wealth fund’s new commitments in 2018 were sourced by its internal team.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination