Western Europe

New investor types and changing LP needs are driving demand for more granular, timely data and benchmarking tools, say FTSE Russell’s Gerald Toledano and Ali Zaidi, and StepStone Group’s Tom Keck.

While some LPs are taking a wait-and-see approach to GP stakes investments, others remain bullish, expecting an improving fundraising environment to bolster the strategy’s outlook.

Managers benefit from a favourable regulatory environment and evolving fund structures, say Fried Frank’s Jeremy Berry and Robert MacVicar.

To adapt their processes and practices for the incoming wave of individual investors, GPs will need a patient approach to change, Tikehau Capital’s Margaux Buridant and Christian Rouquerol argue.

Panellists at a wealth conference in London cited inadequacies around data sharing, particularly during the due diligence phase.

Managers across private markets are getting to grips with physical risk, with materiality varying across asset classes.

The private equity business of the asset management arm of German insurer Allianz has grown from €18.5bn in AUM as of end-2020 to around €30bn this year.

LBP AM, a unit of the French bank, plans to tap more retail capital and grow its evergreen funds' AUM to more than €1bn, head of European private markets Peter Arnold tells PEI.