Armen related stories
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Getting individual investors in on the GP stakes actionCash income, J-curve mitigation and diversification make GP stakes an attractive option for private wealth and retail investors. But a lack of liquidity could be a problem.
More European GPs offering carried interest to staff as competition grows – studySmaller GPs are more likely to have better value sharing mechanisms than their larger counterparts, with French and Nordic managers the most generous, according to research from Armen.
Why GP stakes is the strategy of the momentNewcomers are flocking to the market, drawn by a growing base of targets and the promise of increased fund sizes.
Integrating GP stakes and secondariesBlackstone’s move to combine its GP stakes and secondaries businesses raises questions about how players in both markets should address potential conflicts of interests.
How to break into GP stakesManagers hoping to launch a GP stakes strategy may find more luck if they pick a segment or region that is underserved by incumbent players.
GP stakes start attracting individual investorsPrivate wealth investors are developing a taste for GP stakes.
What's next for the UK mid-market?With some managers looking offshore, and a general election on the horizon, the UK mid-market is undergoing something of an evolution.
GP stakes and secondaries far from strange bedfellowsBlackstone’s decision to fold its GP Stakes unit into Strategic Partners underscores the clear synergies between the two strategies – though a few questions remain.
Side Letter: PE's top growth funds; APAC's deal drop; ESG's cost controversyA new ranking charts private equity's greatest growth capital firms. Plus: APAC dealmaking is on the decline; and cost controversies continue to plague ESG data collection. Here’s today's brief, for our valued subscribers only.
The key to buying a minority GP stake isn’t in the priceExisting relationships between acquirer and seller, perceived strategic benefits and cultural fit can make or break a partnership transaction.