Tom Auchterlonie

ILPA’s Prunier says ‘vast majority’ of LPs don’t support using NAV loans

ILPA representative cites transparency and issues of using NAV loans at the Fund Finance Association’s Global Symposium, but the growing market for the facility has its staunch defenders.

ILPA’s Prunier says ‘vast majority’ of LPs don’t support using NAV loans

ILPA representative cites transparency and issues of using NAV loans at the Fund Finance Association’s Global Symposium, but the growing market for the facility has its staunch defenders.

GPs face slog to win fundraising ‘beauty contest’ – PFCFO New York Forum

Panellists at affiliate title Private Funds CFO's New York Forum shared tips including the importance being proactive about LP relationships and having cross-team support.

Secondaries fundraising surge may boost choices for selling GPs

Panelists say fundraising growth can boost bidders and cut pricing spreads.

First-timer wants to support GP employees with 401k-style offering

Henry Capital is in the market with a debut fund to raise the money it needs to launch the matching product. The target is $50 million.

CCOs cautiously eye ChatGPT usage at their firms

Managers’ adoption challenges include leaks of material non-public information and archiving.

ILPA's continuation fund guidance addresses ‘growing LP frustrations’

The trade group has issued guidance to address concerns over conflicts and the speed of GP-led deals.

ILPA wants costs, fiduciary duty ‘off the negotiating table’ with GPs

Group largely backs two proposed items in SEC rule, but with compromise on legal liability.

Sub lines hit a milestone with Fitch’s draft ratings methodology

Ratings could broaden investor base, and may open the door to a future capital markets solution for the fund instruments.

Newer GPs eye credit to fund commitments amid exits slowdown

Some sponsors are in liquidity binds because they must wait longer to get carry.