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The SEC under President Biden is expected to take a more aggressive role in regulating and punishing bad practices across corporate America, including private equity.
Covid-19 catch-up and high demand for quality assets lifted carried interest to a record 39% of revenue in the first half of the year.
key man
The private equity subsidiary of New York Life Insurance Company has lost six senior executives, including CEO Tom Haubenstricker and CIO Quint Barker.
GPs can be at the mercy of even the weakest connections to adherence to ESG standards – real or perceived.
Private equity fund advisers welcoming foreign investors who can potentially exercise certain control in buyout deals involving portfolio companies may well spur a filing.
A frenzied mid-market deal environment is affecting the way GPs are pursuing targets with shorter processes and more upfront spend on due diligence.
As LPs become more receptive to new relationships, strong networks and track records are helping emerging managers stand out in a crowded mid-market.
Tech sector earnings in Q2 surged by more than 52% on the same period in 2019, according to the Golub Capital Altman Index.
Dealmaking and capital raising continue to gain momentum in a robust mid-market, with emerging managers and ESG making progress.
Hiring, talent, human capital
Recruitment is ramping up in the US mid-market as banks address pent-up demand for fund finance professionals and plan for growth, writes Rory Smith.

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