Former SK Group executive David Chung wants to leverage his experience as a strategic investor to bridge the gap between North American GPs and Asian LPs.
GPs are facing more significant DPI challenges than ever, despite valuations having returned to a steady state, according to the direct secondaries specialist's founder David Wachter.
Far from being a quick fix for cash-starved LPs, GP-led processes could soon develop into a much more viable exit route in their own right. Plus: how to raise capital from Indian family offices. Here's today's brief, for our valued subscribers only.
Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.
The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.
Our colleagues at Secondaries Investor celebrate their 10-year anniversary with an exploration of the market's driving forces. Plus: LACERA is the latest to offload a hefty private equity portfolio. Here's today's brief, for our valued subscribers only.
The development comes as part of an ongoing review of certain current and former EQT employees’ carried interest taxation – in particular, whether it should be taxed as employment income.
Speaking at an event in Hong Kong on Wednesday, the firm's head of APAC private wealth said it is 'critical' that open-end funds are valued frequently enough to assist subscriptions and redemptions.
Canada's government wants the nation's pension giants – some of the world's largest private equity investors – to deploy more of their capital at home. Plus: why one prominent US pension is bullish about this year's exit outlook; and the US mid-market appears resilient. Here's today's brief, for our valued subscribers only.
Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.