Former Abraaj partner: How to mitigate against GP ‘sharp practice’

Ahmed Badreldin, former head of MENA for The Abraaj Group, writes for PEI about his thoughts for LPs on fund due diligence lessons and investor safeguards.

ShawKwei closes fourth and largest fund on $812m

ShawKwei Asia Value Fund 2017 is almost double the size of its predecessor and raised more co-investment capital from LPs than the firm’s previous vehicles.

Texas Municipal fights to claw back terms from GPs

In a heady fundraising environment, GPs are pushing fund terms in their favour, and it’s up to LPs to walk them back, Texas Municipal Retirement System’s director of private equity Christopher Schelling.

Longer-dated funds: the shifting return focus of private equity

Macfarlanes' Christopher Good examines how such vehicles should be structured in order to maximise incentives while managing return expectations.

CDPQ launches $3bn JV to hold assets for up to 15 years

The Canadian pension has teamed with Generation Investment Management and will target companies with strong ESG attributes.

Japan’s Marunouchi Capital closes second fund short of target

The Mitsubishi Corporation-backed manager raised about $830m to invest in large-scale corporate carve-outs and succession-led deals.

The 10 largest fundraises of 2018 (so far)

Firms raised more than $259bn between Q1 and Q3, marking the lowest total since 2015 for the same period.

Europe braces for mega-fund mania

Cinven, Apax and Permira are among those due major raises in the next 12 months, forcing investors to make tough decisions.

Too early to tell if Toys ‘R’ Us severance fund will become industry standard

The retailer’s severance fund may, however, change future discussions at the negotiating table.

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