February 2019 issue


    Month: February
    Year: 2019

    Back to Print Editions

    New year resolutions

    Almost half of European GPs plan to launch new strategies in 2019 with family offices and HNWIs key sources of capital, according to an IPEM survey.

    A long way to go

    Gender diversity is inching up the priority list at private equity firms, but progress is slow.

    Brexit brain drain is good news for continental PE

    European firms could be well-placed to snap up talent from their London-based peers.

    Crossing the aisle

    Money, the desire for variety and changing generational priorities could drive more secondaries investment people into the advisory world.

    Private equity has to raise its game

    The competition for hiring top talent in private equity is getting fiercer, and high salaries may no longer be enough to entice candidates.

    How to build a 21st century returns factory

    A move away from Wall Street is the only way to keep outperforming, Partners Group’s Steffen Meister tells PEI.

    Credit firms want a piece of the fund finance market

    Credit shops have traditionally avoided the strategy, but innovative new opportunities are luring them to carve a niche for themselves.

    The Abraaj effect hits fund finance

    Banks are changing the way security notices are issued to LPs following the firm’s collapse.

    No going back

    The use of fund finance facilities is so ingrained in the private equity industry that nothing short of an extreme event can turn back the tide.

    AP6 on ESG: ‘We evaluate the team’

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

    USS on ESG: How the climate is changing

    David Russell, head of responsible investment at USS Investment Management, part of the UK’s largest pension scheme, outlines his ESG priorities

    Five crucial questions for impact investors

    Does the reality match up to the fund managers’ claims?  We ask some of the key questions investors have about this burgeoning area

    ‘Strengthen your balance sheet now’

    The co-founder and chairman emeritus of The Carlyle Group Daniel D’Aniello talks to PEI about performance, fundraising and how GPs should be preparing for a downturn.

    10 years of ESG

    The past decade has seen the private equity industry take huge strides toward advancing a responsible investment agenda

    View from the top

    For Michael Chae, the chief financial officer of Blackstone, the key to a firm’s success is people and investment performance.

    9 things we learned at the CFOs & COOs Forum

    From cybersecurity woes to valuation challenges to benchmark selection, the PEI team rounds up the top talking points from our 16th annual forum.

    How strip sales could insulate GPs

    Managers who want to leave money on the table even if the UK leaves the EU without a deal should look to secondaries for their backup plan.

    ESG: What do LPs want from their GPs?

    Diversity and climate change are two of the issues that investors are most likely to focus on when scrutinising a fund’s responsibility record

    Don’t call it a slowdown

    The numbers are in and it looks like some of the heat has come out of the market. But looks can deceive.

    Working hard or hardly working?

    Co-working is in the spotlight as SoftBank’s interest in key brand WeWork has waned.

    A first for the Netherlands

    Inside the asset management joint venture between airline group KLM’s pension fund, the Dutch railways retirement scheme and Achmea.

    Bleak prognosis for UK healthcare

    Backers of the sector are concerned restrictions on EU migration post-Brexit could harm its appeal.

    Private equity is a ‘trade-off’ between fees and returns

    London Business School professor Florin Vasvari shares his thoughts on fees, investments in technology and the growth of private credit in Europe

    Fee fury spreads to Pennsylvania

    Under pressure to reduce the amount it pays to external managers, the state’s largest pension may begin selling fund stakes.

    Into the weeds of GP-leds

    Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.