Coronavirus

Buyout funds recorded an average multiple of 1.36x on invested capital in the first half of the year, reverting to the 10-year historical average and down from the near-record 1.45x in late 2019.

Virtual work has allowed some LP staff to work more closely together as they conduct virtual due diligence, a panel by sister title Buyouts has heard.

Institutional investors want to avoid mistakes they made post-GFC and want to capitalise on investment opportunities working around covid-19-induced limitations, Probitas has found.

As portfolio companies face disruption from covid-19 and accelerating digitalisation, PE firms are hunting for operating teams with more diverse skills.

Private equity investors favouring familiarity in times of crisis could miss out on opportunities to deploy capital, a panel has heard.

Don’t be fooled by the headline numbers; raising private equity funds has become more difficult.

North Carolina-based McGeever Family Office is seeking up to $75m for its debut vehicle focused on backing the commercialisation efforts of US medical devices and diagnostics companies.

Alicia Gregory, head of private equity at the Australian SWF, says investors could be left overexposed if less creditworthy LPs default on capital calls.

The investment giant has requested fundraising extensions of up to six months to accommodate LPs who required more time.

Industry titan George Roberts, in a video with Goldman Sachs, shared lessons on more than four decades in private equity, career advice and pandemic opportunities.