A trio of private equity giants with enormous existing LP bases are using digital securities platforms to unlock new sources of capital.
A demand that the $206bn state pension consider only ‘pecuniary’ factors when investing does little to change its sizeable private markets programme.
The new British PM’s pledges to commit to investment, growth and lowering taxes received applause from private equity sources we spoke to this week; dealing with the fallout of an economic downturn will be no small task.
Though this year’s ranking of the biggest secondaries fundraisers has a different name at number one for the first time ever, many of the most interesting subplots can be found further down.
Greater transparency is welcome. But given the role side letters have in securing ESG-related reporting, we fear the asset class will be poorer with a weakening of those provisions.
When faced with an unexpected succession issue, it helps to be a huge, multi-strategy business.
The pressure placed on the healthcare sector over the last two years has spurred a wave of digitalisation, and GPs with the right skill sets could benefit from a slew of opportunities.
An attempt to reform US carried interest tax has raised questions about holding periods and the continuation fund market LPs should not ignore.
Talent outflows are putting LPs in a difficult position at a time when having a sufficient number of experienced staff has become more important than ever.
Private asset repricing could help to alleviate some LP allocation pressures, spark a slowdown in exits and drive a resurgence in secondaries activity.