Private Equity
Hoffman shares with us his crush-it karaoke song, his fantasy job at a New England bed-and-breakfast, and his thoughts on why reputation is everything in private equity.
6 min read · 19 August 2022
Virginia Retirement System is the latest pension system to show where private equity valuations are headed in a turbulent economy.
1 min read · 18 August 2022
Big financial institutions are increasingly looking for ways to expand into secondaries advisory to help meet the demand of the growing market.
2 min read · 18 August 2022
When faced with an unexpected succession issue, it helps to be a huge, multi-strategy business.
3 min read · 18 August 2022
Professor Oliver Gottschalg of MJ Hudson explains why LPs might want to reconsider their fixation on whether managers can be considered top quartile. Plus: A lack of deployable capital is hindering secondaries dealflow and Australia could be the next market to crackdown on ESG. Here's today's brief, for our valued subscribers only.
4 min read · 18 August 2022
The former co-head of the SEC’s Private Funds Unit and managing partner of regulatory consultancy firm Iron Road Partners details where GPs should be spending their time.
3 min read · 18 August 2022
As fundraising becomes tougher in the volatile market, with many LPs at or above their allocation caps, more GPs may use tender offers as a way to reach their fundraising targets.
3 min read · 18 August 2022
The $104bn fund is among the first large state pension systems to update highly anticipated marks for the second quarter.
2 min read · 17 August 2022
Software-focused giant Hg has collected roughly $17 billion across two funds – one of which is still in market. Plus: Dyal founder Michael Rees seems to be fishing in deep waters with his latest GP stakes fund. Here's today's brief, for our valued subscribers only.
4 min read · 17 August 2022
The software-focused firm has delivered an average 5.2x multiple and 60% IRR across eight exits in recent months, PEI has learned.
2 min read · 17 August 2022