May 2017 Issue

The PEI 300 saw more capital raised by the industry’s biggest firms than ever in its history as market conditions drive investors toward brand names.

Analysis by tech group Bison shows firms just outside the top 10 are producing the best returns.

Which influential groups and dealmakers do not make this year’s list?

Private equity capital raised by tech-focused firms among the 30 largest GPs has expanded by more than six times from 2013 to 2017.

Tough macro-conditions make it hard for managers to put money to work in the energy sector, so LPs are entrusting their capital to familiar hands.

As the secondaries market matures and becomes more efficient, market participants are having to get comfortable with complexity.

Is it possible for an organisation – largely funded by general partners – to serve the interests of asset owners and fund managers? We speak to Helen Steers, the first limited partner to chair the BVCA, and its director general Tim Hames.  

EQT transformed the business process automation company with an aggressive growth plan and a game-changing add-on.

GPIF is recruiting alternatives managers for investments in Japan and abroad; this is likely to have a profound effect on the local market.

The strategy has grown in recent years, but impact investment still has its challenges.

A number of US states are seeking to follow California in mandating public funds to disclose carried interest paid to GPs.

Large asset managers are buying insurers as another way to secure access to long-term capital.

The growth of the secondaries market means funds can fall foul of the US’s publicly traded partnership regulations.

Australian superannuation fund First Super is reviewing its private equity portfolio after identifying risk from ‘poor labour practices’. Does this mean the industry is ripe for an overhaul?

Fund managers can benefit from simplified partnership rules introduced in April, but could face a headache under proposed changes to the UK tax rules.

After an unpredictable 2016, Jim Strang, head of Europe at Hamilton Lane, discusses how fund managers can prepare and react to potential changes ahead.

After Britain triggered Article 50 on 29 March, data show UK firms have not yet been hit by post-referendum uncertainty.

Lending a new meaning to zombie funds.

TSG Consumer Partners' bought a 22% stake in BrewDogs for £213m, topping up the Scottish brewery's pint as it eyes a US expansion.

If you build it they will come.

Faced with the closure of his local village shop, the former managing partner of ECI Partners set out to open his own.

The Chinese market has grown in leaps and bounds over the last 20 years, and that is reflected in a more sophisticated approach to dealmaking.

China’s wealth management platforms are among the country’s biggest investors in private equity, and they have their sights set on Silicon Valley.

Chinese overseas investment has grown markedly, with European and US companies among the key targets. But how will more stringent Chinese government controls on foreign investment affect M&A?

Investors continue to seek opportunities in the Chinese technology sector.

Over a six-year period, Bain Capital Private Equity turned a Chinese CCTV manufacturer from a loss-making business into the world’s eighth largest video surveillance firm by focusing on R&D.  

There is a wealth of opportunities if you know where to look.

China’s most active LPs have made sizeable commitments to private equity. Here are four of the biggest Beijing-based investors who should be on anyone’s watchlist to visit.

Actis’s Beijing-based partner Max Lin describes where to pinpoint the growth investment opportunities in China’s vast business landscape.

Increased affluence is driving demand for high-end products and opening up opportunities, says Baring Private Equity Asia’s Guy Cui.

The Chinese economy has reached a turning point with profound implications for the tactics that private equity investors should employ, writes Chris Lerner, the head of Asia for Eaton Partners.