PEI Staff

Side Letter: 21 years of PEI; HIG's $5bn target; Temasek in Paris

To commemorate Private Equity International's 21st anniversary, we take a look back at the last two decades (and one year) of private equity. Plus: Blackstone's Strategic Partners unit surpasses the target for its debut GP-led fund; and Temasek opens its third European office. Here’s today's brief, for our valued subscribers only.

Side Letter: UK DC schemes get boost; Tesco's £1bn-plus stake sale; Ares' climate culture

Happy Thanksgiving to our readers in the US! Today's edition of Side Letter will be slightly abridged and will return to full strength on Monday. Here’s today's brief, for our valued subscribers only.

Side Letter: CalPERS' PE overhauler; PJT's predictions; Morgan Stanley's climate bet

CalPERS' newest private equity boss has pedigree when it comes to radically overhauling investment programmes. Plus: PJT Partners reckons this year will be the second-busiest year for secondaries to date and Morgan Stanley Investment Management has launched a $1 billion climate platform. Here’s today's brief, for our valued subscribers only.

Side Letter: Eurazeo's APAC 'acceleration'; Family offices eye PE; Kohlberg's $5bn target

Eurazeo wants to accelerate its activity in Asia through the launch of a 'hub'. Plus: North American family offices are turning to private equity to mitigate macro headwinds and Kohlberg & Co is seeking $5 billion for its next mid-market fund. Here’s today's brief, for our valued subscribers only.

Side Letter: LPs' crypto writedowns; EY's alts survey; Palico's PE pricing

Private equity's FTX blow could raise questions over whether due diligence processes are always robust enough. Plus: Results from EY's latest alternatives survey; and LPs stomach greater discounts to offload fund stakes. Here’s today's brief, for our valued subscribers only.

Side Letter: Rede's liquidity index; PE's comp crunch; ex-Rhône trio Px3's first close

We see divergent takes on how LPs really feel about PE deployment next year. Plus: a trio of former Rhône Group execs have reached a first close on their debut fund; and private equity bonuses could be on the decline this year. Here’s today's brief, for our valued subscribers only.

Side Letter: MassPRIM's markdowns; Europe's resilience; Asia's ESG progress

MassPRIM posted a loss for its private equity portfolio in the third quarter. Plus: PE-backed companies in Europe and the UK defy the slowdown; and a surprisingly low number of APAC GPs are thinking about climate change when dealmaking. Here’s today's brief, for our valued subscribers only.

Q&A: Crédit Agricole CIB's Stéphane Barret

Stéphane Barret of Crédit Agricole CIB discusses financing for LBOs and how GPs are waiting for markets to settle.

Side Letter: The main thing keeping LPs up at night; BC's de Rosière leaves role; fundraising during a war

Montana Capital shares its latest LP survey exclusively with Side Letter. Plus: another BC partner moves shop; and Central and Eastern Europe GPs feel the effects of Russia's Ukraine invasion. Here’s today's brief, for our valued subscribers only.

Side Letter: Europe's best PE market for women; Brookfield's 6x return; LACERA's boost

Ireland has the highest proportion of women in senior investment roles, according to Level 20. Plus: Brookfield's cross-fund transaction delivers for LPs and LACERA wants to co-investments and secondaries. Here’s today's brief, for our valued subscribers only.