Manager strategy

For distressed debt firms concerned about a lack of dealflow, there’s a simple solution: do litigation funding instead.

The Paris-listed investment firm has picked up a minority stake in Madrid-based MCH Private Equity as part of its internationalisation plans.

Overseas managers, lured by the promise of corporate divestitures, face an uphill climb in breaking into Japan.

The Japanese market has long held tantalising opportunities for private equity, but it’s only in the past few years that deals have started to come through.

Robust performance and a deep pool of opportunities are drawing GPs and LPs alike to commit more capital to the market.

Fund manager-turned-activist Bill Browder made his money investing in public equities in emerging markets; now he has all his capital invested in private equities in developed markets. As a man wanted dead by the Russian establishment, he has an interesting take on investment risk.

Institutional investors may be increasing their allocations to private equity, but GPs still need to take a thoughtful and strategic approach to the fundraising market, say FIRSTavenue executives Michael Henningsen and Colin Dinneen.

Both institutional investors and equities shareholders have been pushing for consolidation in private markets in a bid to stabilise profits.

PEI's interactive charts paint a picture of how the two would marry together.