News

Fund III’s LPs include endowments and foundations, investment advisers and fund-of-funds, public and private pension plans, family offices, and financial and insurance institutions.

The multifamily office is exploring opportunities across PE/VC, international public equities and private debt.

Private equity’s liquidity premium appears to be eroding at a faster rate than ever before. Plus: a UK pension giant is pumping more into PE; and a German LP gets a new CIO. Here's today's brief, for our valued subscribers only.

There is now proof of concept that institutional and retail products can successfully be managed side by side, say Davis Polk’s Andrew Ahern, Oran Ebel, Christopher Healey and Leor Landa.

Further technology advances are required to truly unlock the potential of the private wealth market.

With the retailisation of alternatives set to transform the industry, building brand awareness with individual investors has become a priority for managers.

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It's an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

The firm wrapped its fund up in about a quarter of the average industry time.

The Montana Board of Investments will target buyout, growth equity, distressed and co-investment opportunities.