Managers

Firms including Apollo Global Management and KKR are facing potential clawback issues due to covid-19-induced writedowns. What are the implications for GPs and LPs when it comes to sponsors having to pay back carry?

We examine the firm's private equity funds in the latest instalment of a special series looking at quarter-on-quarter performance amid the downturn.

Mario Giannini told Louisiana Teachers' investment committee to start looking into rescue capital opportunities "fairly quickly."

Israel-based Qumra Capital sold the assets out of its $100 million debut fund, which the firm raised in 2013.

Investors rushed to participate in the country’s digital revolution but, as the market matures, diminishing returns and an increasingly saturated customer base have curbed appetites.

Brookfield's private equity, real estate and other platforms will share oversight of the retail initiative, which will make non-control investments in merchants with pre-pandemic revenue of $250m or more.

Soundcore has several companies under letter of intent it expects to buy between now and July.

The firm raised $1bn more than its original $2bn target and could go as high as $3.5bn, partner Scott Graves said.

Investors who rushed to join the country’s digital revolution are facing issues pre-dating the pandemic that could spell the end of private equity’s golden age.

While a coronavirus-driven down-cycle is unlikely to shut down fundraising for viable GPs with first-time offerings, it has multiplied their challenges.