December 2013 / January 2014 Issue

For private equity's leading lights, picking public fights with politicians is a risky business with relatively little upside

Private equity continues to have a communication problem, according to LPs. But as long as it keeps outperforming other asset classes, GPs can probably get away with it

PEI teamed up with Montana Capital Partners to investigate how family offices and foundations approach private equity.  

Clifford Chance's dubious attempt to help its female staff

Fund managers derive solid benefits from DFI investors, so long as the institutions’ dual motivation is well-understood

Macro issues have clearly roiled emerging markets – but that might not be a bad thing for private equity.

The Actis boss on why the EM specialist changed tack mid-fundraise

How can LPs really know that GPs are walking the walk on value creation?

There are less than a fifth of private-equity backed deals in the UK, compared with six years ago. What went wrong?

Social impact investing requires no compromise on returns, says Jean-Philippe DeSchrevel, chief executive of Bamboo Finance

Firms that are SEC-registered may need to consider some new regulations as part of their succession planning

Disagreements between GPs and placement agents are not uncommon—although the recent dispute between Catalyst and Sixpoint went further than most.

Indian funds are building relationships with the country’s growing domestic LP base

LPs think fund managers are not investing sufficiently in their IR function, according to new research

Debt investors continue to see a mismatch between risk and return in China given difficulties in enforcing contracts

Pye looks forward to bonus season - and reveals that there's a dissenting voice at Big Shop

How does the covenant package of a high-yield bond influence investment returns?

Russia’s economy has slowed noticeably – but there are still good returns available for investors

With Brazil’s economy apparently declining, investors are seeking opportunities in countries like Colombia, Chile, Peru and Mexico

As confidence slowly returns to MENA’s private equity industry, where are firms seeing opportunities?

Kazakhstan’s favourable location and impressive natural resources make it an interesting proposition for private equity

Firms are still riding into new frontier markets, despite some misadventures along the way        

    Conditions seem ripe for a shift from equity to debt funds in India. But it’s not as straightforward as it might seem.    

Private institutional investment is the key to maintaining Africa’s current growth trajectory in the coming years

The gradual recovery in the Benelux economies is finally giving GPs in the region a glimmer of optimism.

Four industry experts discuss how the AIFMD is being interpreted, whether some GPs will begin avoiding Europe as a result, and what LPs think about it all.

Channelling George Bailey to bring to life the magic of PE

 Tesla: stealth crime fighter?

 CEE is beginning to look more like a developed European market. In the current climate, that’s not necessarily positive  

 Hiring people for connections rather than PE experience is under scrutiny in China – but it’s not a practice confined to Asia

L-GAM, a recent Bain/ Investcorp spin-out, has created a fund structure that enables it to own companies for longer