Friday Letter: “Anyone can generate a 1,000 percent IRR [just] by calling the capital a day before it’s distributed back to LPs.” The use of NAV loans to fund distributions and boost IRRs in the spotlight
"Unless there is more evidence available within the wider society that employees feel good about private markets ownership, we will always have challenges,” says
@partnersgroup
's Steffen Meister
Weekly commentary: The SEC's case against Alumni Ventures is a timely example of why the regulator believes it needs to intervene to protect investors as more regulation for private funds comes around the corner
The number of sponsor-led secondaries coming to market this year is expected to be bolstered by fundraising delays, rising demand in China for US dollar commitments and a backlog of transactions
Two-thirds of capital raised last year – $86bn – was from products outside Blackstone’s four flagship funds, and the majority of this was from perpetual capital vehicles
With an agenda curated by our award-winning editorial team, you'll take away information essential for crafting your plan of action for the year ahead at
#NEXUS2024
.
Find out more about the newest private equity-focused event in North America:
#PrivateEquity
How are firms maintaining their ideal fundraising pace in a challenging economic environment?
In 'Behind the Numbers', Adam Le and Daniel Humphrey Rodriguez examine strategies and statistics of industry-leading firms.
Watch the full video:
Make great savings on these best-selling titles and more before the new year! Save 20% on PEI's range of specialist publications and access best practices and thought leadership from leading industry experts.
The standardisation of ESG reporting has been an enduring issue for the PE industry and participants have long asked for a convergence of reporting templates and management tools
For a limited time only, save up to 50% on PEI's range of specialist publications & access best practices & thought leadership from leading industry experts.
Kurt Summers, City of Chicago's 70th Treasurer, opening up a packed
#RIForum
with a keynote address about the city's comprehensive
#ESG
integration effort and becoming a signatory of
@PRI_News
.
@ChiTreasurer
The $1.2trn China Investment Corporation last year established its first ESG policy framework, as the country bids to reach peak carbon emissions by 2030 and carbon neutrality by 2060
The responsible investing in real assets A-Z wall is coming together nicely. Make sure you contribute and come and say hello to Amy O’Brien, head of responsible investing at
@NuveenInv
#responsibleinvestmentforum
#RIF
Despite the pandemic, capital raised by
#PrivateEquity
funds in H1 2020 remained in line with the two previous years. Check out our interactive report here:
Funds closed on $241bn between January and June, with secondaries mega-funds Ardian Secondary Fund VIII and Lexington Capital Partners IX tied for the largest fundraise of H1
If one were asked to name the world’s largest PE firms, a handful of US blue-chips would no doubt spring to mind. Shenzhen's CMC also deserves to be in the conversation
Getting down to dollars and cents with case studies that show how effective
#ESG
strategies created material value. Speakers include LaSalle Investment Management, Criterion Africa Partners,
@blackstone
, Caspian Private Equity, and
@StarMountainCap
.
#RIForum
#ValueCreation
A host of potential entrants to the double-digit fund club, a raft of fund closes below target and an influx of Indian investment are on the cards in the year ahead
We're delighted to welcome keynote speaker Howard Marks to
#NEXUS2024
.
His wealth of experience in finance and investing make Howard's insights a must for anyone looking to expand their knowledge of private equity.
View our full speaker lineup here:
“Spain has become a core PE market in Europe, we are no longer in the periphery with 3 consecutive years reaching max investment activity,” accdg to Miguel Zurita,
@ascri_info
chairman & co-cio of Altamar Capital
The last panel of
#RIForum
on stage to discuss how
#ClimateChange
is impacting
#PrivateEquity
investments. Speakers include USS Investment Management, NYC Mayor's Office of Pension & Investments,
@CDP
,
@LightsmithGroup
, and Emerging Energy & Environment Investment Group
"There is a movement among local fiduciaries and what they want to do with their assets when it comes to
#ESG
. Cities, states & counties are not waiting for guidelines from regulators. This is your opportunity to be a market maker in
#PrivateEquity
."
@ChiTreasurer
at
#RIForum
Impact investing – viewed as a luxury asset class in some quarters; an untested one in others – seemed a likely victim of a flight to safety in private markets
Congrats to this year's
@lavca_org
#LatAm
#ESG
award winners, announced at
#RIForum
!
Aqua Capital - Environmental Responsibility
Linzor - Social Responsibility
ACON Investments - Gender Diversity PE Deal
Riverwood Capital - Private Equity Deal
Read more:
EBITDA is one of the most critical metrics for private equity investors because it directly reflects value creation.
Find out how you can optimise your EBITDA with our A-Z value of creation:
On the latest episode of Spotlight, senior editors
@tobyoliver
@i_markham
@adamtuyenle
discuss the results of our LP and GP surveys. Topics include appetite for distressed assets, GP requests for more flexible mandates and state aid, among others