Side Letter: UTIMCO bites big, pref’s allure, two-and-20 redefined
On the lookout for the next big strategy in private equity? Preferred equity could be your best bet. Here’s today's brief, for our valued subscribers only.
UTIMCO shifts to large buyouts to scale PE portfolio
The endowment will trim its private equity manager list by almost 50% and increase cheques to core GPs to maintain its $3bn annual investment target.
PODCAST: Everything you wanted to know about preferred equity
Preferred equity isn’t new but firms such as 17Capital are applying it to private equity via dedicated funds. In this 26-minute podcast we speak to managing partner Augustin Duhamel about the strategy that is quietly taking the market by storm.
Side Letter: Alaska’s Asia aspirations, TPG’s $14bn, more adventurous LPs
Alaska Permanent Fund eyes more Asia exposure, TPG's double haul and the LPs from QIC and U Michigan you need to know. Here’s today's brief, for our valued subscribers only.
Five ways Alaska Permanent will boost its Asia exposure
The $65bn fund is underweight the region and is looking at China, Indonesia and pan-Asian funds, according to senior portfolio manager Yup Kim.
Abraaj’s Abdel-Wadood pleads guilty in US court
Mustafa Abdel-Wadood admitted to racketeering and fraud, and has agreed to co-operate with the US probe on the fallen emerging markets firm.
Side Letter: ILPA on GP clawback, $2.5trn powder keg, Abraaj latest
ILPA's latest how-to guide for LPs, private markets' $2.5 trillion piggy-bank, "political interests" behind Naqvi accusations. Here’s today's brief, for our valued subscribers only.
Invest Europe’s Baudon hopeful of EU parliament compromise
Thierry Baudon, the industry body's recently appointed chairman, said the rise of the Greens in Europe is not incompatible with the interests of the private equity industry.
Naqvi lawyer: US ‘political interests’ behind Abraaj charges
Barrister Hugo Keith QC says the US government's case is politically motivated due to the threat Abraaj Group and Arif Naqvi represent to US interests.
Nordic Capital seeks local hires for new US office
The firm is looking to hire up to four people for its New York office, which will focus on providing service to existing and new US healthcare portfolio companies.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@peimedia.com.