Private Equity
Private equity's dearth of distributions is prompting one LP giant to consider income-generating asset classes. Plus: why alignment is key to successful consolidation; and a DACH firm has defied fundraising headwinds. Here's today's brief, for our valued subscribers only.
5 min read · 20 November 2023
Malaysia-based impact firm Bintang is requiring portfolio companies in its next fund to achieve B Corp certification within two years.
4 min read · 20 November 2023
Jeff Hammer, global co-head of secondaries at Manulife Investment Management, discusses issues from moral hazard in continuation funds to the ethics of stapled deals with senior editor Adam Le.
1 min read · 20 November 2023
LPs struggle with continuation fund timelines.
3 min read · 17 November 2023
Stellex was founded in 2014 by Ray Whiteman and Michael Stewart, who previously headed Carlyle Strategic Partners, a distressed and special situations platform.
3 min read · 17 November 2023
Hamilton Lane was lead investor on the deal, which the firm closed without intermediation.
3 min read · 17 November 2023
The $21bn California pension is preparing a more hands-on investment approach in private markets, including more co-investments, GP stakes and joint ventures.
2 min read · 17 November 2023
A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.
3 min read · 16 November 2023
The backers include Intesa Sanpaolo S.p.A. and Inarcassa.
1 min read · 16 November 2023
The California pension is planning $58m in commitments for 2024.
1 min read · 16 November 2023
