Brexit

With the Brexit deadline of 31 October pushed to January 2020, Private Equity International takes a look at how fundraising, dealmaking and investor sentiment have fared.

Capital raising, deal financing and talent retention will face more challenges, according to panellists at a private equity conference in London.

The £287m NAV trust posted £25.4m of total realisations and income in H1 2019, down from £29.9m at the same point last year.

PE firms show strong appetite for UK’s business media and information sector and closed on a record €3.6bn in total enterprise value in the 12 months to March.

From the implications of Brexit to the growing number of GP-led restructurings, fund managers are wrestling with some weighty legal issues.

The country’s PE industry gathered a record €18.7bn from investors last year, with foreign LPs contributing nearly half of total capital raised.

Commitments to UK funds account for between 7-10% of Access Capital Partners’ most recent fund of funds, down from as much as 25% in previous vintages.

The placement agent and advisory firm is among the first to announce a new office opening as part of its Brexit contingency plans.

Proponents of the sector are concerned restrictions on EU migration post-Brexit could have an impact on its appeal.