Private Equity
A think tank of industry players has developed a list of straight-forward questions for LPs to use when evaluating GPs’ responsible investment practices.
2 min read · 23 January 2014
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
2 min read · 23 January 2014
In his recommendation, Public School Employees’ Retirement System of Pennsylvania’s private markets chief Charles Spiller called Bain’s operational capabilities a ‘competitive advantage’ over the firm’s peers.
2 min read · 23 January 2014
The Paris-based fund of funds has expanded its investment team to include executives with direct deal experience in a bid to respond to increased LP demand for co-investment exposure.
2 min read · 23 January 2014
The decision by the Boston-headquartered firm – which opened its Istanbul outpost in 2010 – underlines the immediate challenges facing the market, says Deloitte’s Mehmet Sami.
3 min read · 23 January 2014
The Kansas Public Employees Retirement System increased its private equity allocation target from 5% to 8% late last year, according to documents.
1 min read · 23 January 2014
Morgan Stanley executive Barry Kenneth will oversee investments for the UK’s £13bn Pension Protection Fund, which allocates 20% to alternative assets.
2 min read · 23 January 2014
The listed fund of funds – whose recent commitments include funds from Advent, IK, Charterhouse and Towerbrook – recorded a slow-down in distributions and capital calls in the fourth quarter.
2 min read · 23 January 2014
As LP concerns with portfolio liquidity fall, willingness to invest in illiquid strategies like private equity and venture capital has grown.
2 min read · 23 January 2014
A University of Oxford analysis of CalPERS’ private equity portfolio has found that GPs inflate valuations of existing portfolio companies while marketing follow-on funds.
3 min read · 23 January 2014
