North America

More than 90% of LPs say they require impact funds to perform in-line or better than their generalist private equity benchmark, according to a survey by Rede Partners.

Sources said a concern among potential buyers is that, without the SVB branding and operations, access to top VCs may not be as robust for a third-party buyer.

Many GPs are interested in finding ways to deliver proceeds to liquidity-hungry investors in older funds as well as boosting fundraising in the challenging environment.

The SEC had proposed last year to enhance transparency in the private fund industry through various means, including via regulatory filing requirements.

We’ve been predicting real-life examples of fundraising processes failing to achieve their goals, or even falling apart completely. Now we're starting to see these things coming into sharper relief.

Golde is transitioning out of daily dealmaking as Genstar pursues its largest fund target to date.

Disclosure requirements are 'problematic', the Institutional Limited Partners Association says.

As growth gets muted, and LPs pull back on their commitment pacing, certain strategies may be out of favor.

Managers need to ensure access points are right and educate individuals about the terms and structure of private markets funds, says BlackRock alternatives chief Edwin Conway.

'The word is out that we can be a strategic partner and agile in providing solutions for balance sheet restructuring or a provider of patient, long-term capital,' said CIO Nicole Musicco.