Home Terms & conditions

terms & conditions

From fees to style drift – what LPs really think

An interactive presentation on how investors are thinking about seven of the most topical issues in private equity today, drawn from Private Equity International's LP Perspectives survey.

LPs want to get in on the ground floor

Institutional investors are coming up with new ways to back managers before they take off.

Don’t let end-of-life ambiguity sour your relationships

Who pays if you need to restructure your 10-year-old fund? It is a question that could cause friction.

Europe: Home of the no-fault divorce clause

US funds often offer a no-fault suspension of the investment period, which is relatively rare in European funds, according to a report from MJ Hudson.

UK regulator taps USS exec to drive fee template adoption

The Cost Transparency Initiative – which covers around £180bn of scheme assets – will run a pilot phase to test the new templates and supporting materials until January 2019.

Compensation for impact managers could distort performance

Two former CIOs from the International Finance Corporation discussed whether financial rewards should be tied to impact results at a London conference.

Texas Municipal fights to claw back terms from GPs

In a heady fundraising environment, GPs are pushing fund terms in their favour, and it’s up to LPs to walk them back, Texas Municipal Retirement System’s director of private equity Christopher Schelling.

GPs experiment with waterfalls

Recent fund launches have seen general partners tinker with the distribution waterfall, writes Proskauer’s Andy Shore.

Lessons for a smooth succession plan

Hellman & Friedman and Blackstone’s Strategic Partners began transfers of power this year. Other firms should take note of some key elements.

Silicon Valley Bank on Abraaj, evolving credit lines & HNWs

The lender’s head of global fund banking for EMEA tells PEI about the implications of the Abraaj Group saga, enhancements in underwriting, changing LP bases and fee structures.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination