News

New faces that are attracting capital in very lean times.

While much of the market is struggling to return capital back to LPs, newer, smaller PE managers have multiple paths to exit. With strong performance, the future looks bright for the newbies.

Louisiana State Police Retirement System proposes a 5% decrease to its current 10% PE allocation target.

Town Lane Real Estate Opportunities Fund I's limited partners include university endowments, charitable foundations, family offices and pension funds.

For LPs, one of the main concerns is, when did the GP know about a potential exit of a CV asset? And was that knowledge communicated to LPs who have to make the sell/roll decision?

In a tough capital-raising market, GPs are offering more incentives to LPs. This seems to be the approach taken by Constitution, which is offering a 50% fee discount to early investors in Ironsides VII.

A quick exit out of a continuation fund can also raise questions about whether a GP knew about a potential exit even while pursuing the continuation fund, or if the offer came out of the blue.