Managers

Government-mandated shutdowns of businesses to help control the spread of the coronavirus has negatively impacted the food and beverage industry.

GPs, LPs and placement agents have been working to close deals and ramp up fundraising efforts.

Founder Fraser Preston said if every private equity firm pledged 5% of annual revenue to anti-racism causes, the industry-wide contribution would amount to more than $1bn.

From GP stakes to growth equity, impact funds to long-hold vehicles – presenting a list of the industry's biggest firms and the strategies they manage.

Our interactive presentation explores how savvy secondaries investors can navigate the shifting market landscape brought on by covid-19.

Preferred equity has become one of the options for GPs who need additional capital for existing portfolio companies.

Prior to rolling out a first-time fund, Long Arc appears to have been a deal-by-deal investor, acquiring stakes in Renaissance Alliance, Robertson Stephens and Tinubu Square.

With the initial shock of the health crisis behind them, GPs and LPs have begun to think more offensively about upside opportunities. Hamilton Lane's Brian Gildea, Eaton Partners' Peter Martenson and Northleaf Capital Partners' Jeff Pentland share their insights.

The changes followed a proposed management buyout that was rejected in a London meeting of the LPAC in the first half of last year, PEI has learned.

The DOL guidance was necessary after a 2015 lawsuit by former Intel employee Christopher Sulyma accused the company and its retirement plan managers of increasing risk and costs, hurting plan participants, by including private equity and hedge funds.