Private Equity
The industry has long struggled to hold off efforts, mostly by Democrats but supported even by President Donald Trump, to tax carried interest at the higher ordinary income rate, rather than as capital gains.
3 min read · 03 September 2020
The $257bn collected by the 30 firms comprising our latest ranking of the secondaries market's biggest fundraisers could be small fry in years to come.
2 min read · 03 September 2020
The private equity industry is at a crossroads as it hopes to maintain a level of secrecy while gaining exposure to millions of retail investors.
3 min read · 03 September 2020
Luminate Capital's target for its third flagship fund is nearly three times larger than what it raised for its debut offering in 2017.
2 min read · 03 September 2020
Audax is among several well-established private equity firms using the secondaries market to sort out older funds.
2 min read · 03 September 2020
The Retired Public Employees' Association of California wrote a letter complaining about Jones' handling of the investigation into former CIO Ben Meng's personal investments.
4 min read · 02 September 2020
Secondaries fundraising is expected to hit new heights in the months ahead as investors anticipate a booming deal environment created by the health crisis.
3 min read · 02 September 2020
The firm held a final close on €1bn for its third fund – Europe’s largest healthcare vehicle – in late August.
3 min read · 02 September 2020
The firm is also considering exploring a secondaries continuation vehicle for two existing Fund III portfolio companies.
3 min read · 01 September 2020
The market is set to see enormous activity in the latter half of 2020 as GPs seek solutions for older investments.
9 min read · 01 September 2020