Limited Partners

The Japan Science and Technology Agency's university endowment will initially rely on gatekeepers until it has enough internal resources to invest directly, PE head Yasuyuki Tomita tells PEI.

AXA Hong Kong and Japan will source PE opportunities as an extension of the insurer's current primaries model, which is managed centrally from Germany.

The current private equity fundraising environment is proving challenging for LPs and GPs alike, with limited timeframes and ever-larger funds creating gridlock.

Firms must ensure individual investors are sufficiently educated, said executives from Skandia Mutual Life Insurance Company and Ontario Teachers’ Pension Plan at Invest Europe’s Investors’ Forum last week.

'In the short term, the industry is definitely experiencing some indigestion', said TPG CFO Jack Weingart on the firm's first public earnings, noting TPG expects to hit its targets quicker than it initially thought.

The firm's 14th flagship programme is seeking $16bn and will enjoy a GP commitment of more than $1.1bn.

PE’s heady fundraising environment has left many LPs overallocated, forcing them to ponder who should receive their commitments and how much they should get.

While GP-led clauses in fund agreements are not a silver bullet, certain LPA provisions could help GPs and LPs better navigate these transactions should they arise.

Co-investment funds can enable investors to pivot their portfolio construction to reflect a fast-moving investment landscape, says managing partner and co-CEO of SwanCap Partners, Florian Kreitmeier.

Chris Hayes has been a force behind the US Securities and Exchange Commission’s investor protection-focused proposed reforms to private fund regulation.