News & Analysis

Brookfield makes over 30% GP commitment to latest PE fund

The asset manager is targeting up to $9bn for its fifth flagship private equity vehicle.

Side Letter: Russian ‘reiderstvo’, babbling Brookfield, tech bet

"Reiderstvo" comes to Russian private equity. Here’s today's brief, for our valued subscribers only.
Milan, Italy

Italian SWF spinout raises €1.4bn for country’s second-largest fund

FSI I marks Europe’s third-largest debut fund targeting a single country since the global financial crisis.

Cambridge: Tech deals drive PE outperformance in H1 2018

The recent dip in public-market tech companies is likely to affect future valuations, according to Cambridge Associates.
Moscow, Russia

Baring Vostok founder and three employees detained in Russia

The four members of one of Russia's oldest private equity firms were detained on Thursday due to a dispute pertaining to retail bank Orient Express, a Baring Vostok portfolio company.
Gilets jaunes

France Invest’s Gaillard on why PE isn’t at odds with the gilets jaunes

France’s parliament is working on legal reforms that introduce a tax-efficient system to distribute a portion of capital gains among all employees of an acquired company.

UK pension group makes $2.6bn foray into PE

LGPS Central, which manages assets of nine UK pensions, joins Northern Pool and Local Pensions Partnership in setting up a dedicated private equity fund.

Has private equity lost its ‘edge’?

A paper estimates US private equity will return less than 100bps more than US stock market returns for the next five to 10 years.

VIDEO: Blackstone’s CFO on how to prepare for a downturn

Speaking at the PEI CFOs & COOs Forum, Blackstone CFO Michael Chae warns that in a downturn, the macro can overwhelm the micro.

Responsible Investment special: How AP6 judges ESG

Sixth Swedish National Pension Fund (AP6) sustainability manager Anna Follér highlights the significance of voicing a commitment to ESG and sharing best practice

Copyright PEI Media

Not for publication, email or dissemination