Managers

PE firms need to explain to nearly a million UK portfolio company employees that the industry's job is to back the 'winners' of the covid-19 crisis, a conference has heard.

As GPs revel in the exuberance of a burgeoning investment trend, some limited partners have begun to question potential conflicts around private equity firms raising SPACs.

Jeffrey Armbrister says deal flow is beginning to pick up, but it might be a while before rescue capital opportunities start to pick up.

Women make up about one in four of senior investment professionals at Neuberger Berman, which employs 'concrete measures' on recruitment and retention.

Buyout funds recorded an average multiple of 1.36x on invested capital in the first half of the year, reverting to the 10-year historical average and down from the near-record 1.45x in late 2019.

The $262bn pension had signaled earlier this year that is was interested in applying its "Collaborative Model" to private equity opportunities amid the covid crisis.

SERS staff says the directives were in response to a 2018 report calling for more transparency from the fund.

KKR Asian Fund IV, which has been in market since March, is already 40% larger than its 2017-vintage predecessor.

Virtual work has allowed some LP staffs to work more closely together as they conduct virtual due diligence, according to a Buyouts webinar panel.

Crosspoint is one of several first-time GPs testing the pandemic-scarred market with new funds.