Adam Le
If you’re a GP trying to figure out how to hold onto prized assets for longer, chances are you’ve had a call with Evercore’s Nigel Dawn.
Devlin, a prolific commentator and prominent lawyer in the private equity industry, has advised some of the market's biggest players on secondaries, M&A and co-investment deals.
The secondaries market is expanding private equity access to individual investors and defined contribution pension plans.
Nicholas Brooks, head of economic and investment research at ICG, discusses the biggest things GPs should be concerned about in an era of inflation and potential interest rate rises.
The development comes a week after the world's biggest private equity investor said it was promoting its Asia-Pacific head to lead its global PE business.
The buyer would join Singapore's GIC and the Kuwait Investment Authority which acquired part of a 10% stake in the buyout stalwart in 2012.
The $261bn New York City Retirement Systems has become the latest institutional investor ready to partner with sponsors on direct private equity deals.
The role involves developing new products, enhancing fund management programmes and managing relationships with strategic partners, PEI has learned.
The bulk of the investors appearing in the ranking for the first time are North American, with a smattering of institutions from around the world.
Whoever assumes the role of head of private equity at CPP Investments will oversee an asset class that has been one of the biggest contributors to the pension’s net income in recent years.