Manager strategy

Managers and their service providers may be struggling to interpret new rules governing private funds, but they’re already gathering the resources for the massive new workload.

The macro environment is creating undeniable challenges for private equity. But it also provides an opportunity for the industry to rethink its operating models, says Vistra’s Abdel Hmitti.

The firm, which collected about $2.8bn for its fifth Japan fund earlier this month, keeps junior and mid-level staff motivated by ensuring they receive hands-on deal experience, Japan co-head Kazuhiro Yamada tells PEI.

The alternatives giant’s systematic employee ownership approach follows a KKR-led initiative aimed at sharing wealth and boosting value creation.

Speaking at the HKVCA's Greater China PE Summit on Monday, Lexington director Niklas Risberg said buyers require discounts and strong GP alignment to get comfortable with the region's higher level of risk.

Speaking at the HKVCA’s Greater China PE Summit, Shirley Ma, senior portfolio manager at APG Asset Management Asia, said the pension giant doesn't support the use of NAV financing in its portfolio.

The alternatives giant doesn't want to enter the sub-sector if it can't be a top-three player, according to chief financial officer Rob Lewin.

As private equity firms increasingly institutionalise and become more complex, investor relations professionals are seeing their roles expand and their status rise.