WATCH: Private equity prepares for a downturn

Speakers at May's PEI Operating Partners Forum Europe comment on how the asset class can make sure it has a Plan B.

The crippling effect of ‘governance correctness’

Partners Group's Steffen Meister believes the days of being able to buy private assets cheaper than public ones are over, but PE will continue to outperform public equities.

Glendower leads $530m US GP-led

The Deutsche Bank spin-out has led a consortium comprising Blackstone, Hamilton Lane and GCM Grosvenor that backed a deal involving six of Argonne Capital's assets.

Performance room: Growing pains

IRRs in China are comparable with those in US and Europe, but a maturing economy is forcing funds to work harder to generate returns.

Soaring valuations hit rollover terms

Sellers have less negotiating power and reduced financial standing when it comes to reinvesting in their business, according to Goodwin’s 2018 Rollover Survey.

Bain & Co: 2017 was the year of China mega-buyouts

Transaction value picked up last year with $73bn worth of private equity-backed investments led by mega-deals.

TPG’s Rise Fund makes first China investment

TPG and its co-investors put in approximately $1bn for Baidu’s financial services group.

Stapled deals can push the boundaries of fiduciary duty

Why it can be problematic to connect a GP-led secondaries deal to a primary fundraising.

Is Nordic’s really the world’s largest GP-led secondaries deal?

A lack of industry standards makes measuring the size of secondaries deals tricky in a fast-evolving market.

EMEA GPs rein in spending

GPs deployed €19.2bn into entry deals in the first quarter of the year, down from €37bn in the same period in in 2017, according to S&P Global Market Intelligence.

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