Coronavirus

Almost two-thirds of LPs are concerned about exceeding their policy target to private equity, according to a survey from the Institutional Limited Partners Association.

The New Zealand operator of retirement villages is seeking legal advice regarding EQT’s decision, which it says has no lawful basis.

PEI caught up with two private equity recruiters to find out about the state of hiring during covid-19 and how the crisis is affecting salary expectations.

One issue not under debate is the pace of GP capital calls, which have been on the rise in recent weeks, sources said.

Our survey sheds light on how sponsors expect coronavirus to affect their plans in the near term, including fundraising, new investments and portfolio company layoffs.

Approximately 85 percent said they anticipate laying off employees in the next month.

Apollo and the Harris Family foundation also bought 200,000 KN95 respirator masks to be delivered to hospitals in New York City.

Total private equity capital raised in the period is the second-highest in first quarter fundraising since 2015.

Vehicles such as HarbourVest Global Private Equity, Pantheon International and Neuberger Berman Private Equity Partners are trading at discounts as wide as 43%.

Emerging managers' innovative investment strategies and hunger to outperform make them an attractive proposition for LPs looking to deploy capital in a dislocated market.