Coronavirus

LPs have reported frequent and broad communication from GPs, who are keeping fund investors updated on the status of portfolio companies, vulnerable spots, and actions GPs are taking to defend investments.

LPs are encouraging managers to discuss coronavirus over the phone as formal reporting has been limited by the speed at which the pandemic is escalating.

LPs may be better served to make sure they have liquidity elsewhere in their portfolio before making drastic changes to their private markets allocations.

If there was ever a time to prove the industry's sustainability credentials, it is now. Here’s today's brief, for our valued subscribers only.

A massive calling of the credit facilities by banks would lead to GPs calling down huge amounts of capital from LPs, who are already dealing with cratering public equity portfolios. This would be a nightmare scenario.

Are private asset classes better positioned to weather the crisis? Our senior editorial teams covering PE, private debt, infrastructure, real estate and secondaries provide insight.

"The most important thing is to have a plan and stick with the plan. Nobody knows how this is going to play out. Let's not shoot all our bullets at one time.”

MiddleGround, which launched in 2018, joins Leonard Green & Partners as another firm setting up assistance for portfolio company employees who are adversely affected by the coronavirus outbreak.

Chief investment officer Ben Meng outlined the steps taken to mitigate the impact from the ongoing covid-19-triggered volatility in a board meeting on Wednesday.