Growth Capital
With the definition of growth capital having always been somewhat nebulous, many managers are taking advantage by branching out with their own unique approaches to the strategy. For some, this can mean taking on a higher-governance approach to investing; for others, it involves investing in value creation tools to differentiate their services.
Responsible Investment
Under political and fundraising pressure, responsible investment in private equity has become quieter and more pragmatic. But it remains materially important, as focus shifts to implementation and measurement. The challenge for GPs, then, will be to demonstrate how climate, nature and workforce issues are affecting investment risk, resilience – and ultimately returns.
Private Wealth
In an era of fairly dismal fundraising from institutional investors, more and more GPs are turning to high-net-worth individuals, family offices and the mass-affluent users of digital investment platforms as a source of capital. But as many are now discovering, that raises plenty of challenges, from hiring in the right skills through to mastering the practicalities of evergreen structures – and even keeping existing LPs on side.
