Manager strategy

KCGI Private Equity is expected to launch Fund II in 2027, managing director Taeyoung Chung tells PEI.

The fast-expanding sports industry offers an array of opportunities to investors that can navigate the ecosystem’s complexities, say Simpson Thacher & Bartlett’s Eric Geffner, Michael Kuh and Matthew Carpenter-Dennis.

As sports investing matures, investors are increasing their focus on differentiation and diversification, say Fried Frank’s Stephen Amdur and Randi Lally.

In the report: Women’s sports attracts a wave of institutional capital; Padel investors look beyond the hype to create returns; How asset managers are partnering with athletes; Expert insight from Fried Frank and Simpson Thacher & Bartlett; And more…

A move from quarterly to semiannual reporting could leave PE firms with older public comparables and greater uncertainty.

The investment giant is seeking to add relationships in Australia’s mid-market after completing a similar process in Japan, managing director Martin Liew tells PEI.

As deploying capital gets harder, lenders and lawyers are turning to hybrid structures that blend sub-line mechanics with parallel vehicles and squeezing more leverage out of uncalled commitments.

Incorporating private markets into target-date funds and managed accounts can 'make a tonne of sense' given their benefits coupled with DC plans’ long investment horizons and historically lower redemption rates, the firm’s global head of retirement solutions tells PEI.

The firm's LPs are generally a collection of serial entrepreneurs, ex-CEOs, and partners and ex-partners from large European private equity firms, according to founder Nicolas Paulmier.