Alex Lynn
Traditional revenue sources for asset managers are expected to decline over the next five years.
Japanese LPs provided 40% of the $650m Fund III, investor relations director Lisa Herrell tells PEI.
A heady fundraising environment buoyed the firm’s efforts to build new LP relationships for Fund VI, but created a headache when it came to whittling down allocations.
The state-owned conglomerate's private equity subsidiary will look to tap Chinese fund institutions and corporates, family offices and overseas markets including the UK and US.
Fundraisers can now head down to Starbucks for a $100m fund commitment, but what does this tell us about the market cycle?
European LPs are more tolerant of lower debt-like returns from impact funds, co-founder Urs Baumann told delegates at the Credit Suisse Asian Investment Forum in Hong Kong on 27 March.
Brookfield calculates AUM differently to the likes of Blackstone and includes the debt of companies it controls.
Fund of funds managers are leveraging their GP relationships and resources to operate as an outsourced co-investment consultant.
Institutional investors are trying to do whatever they can to reduce gross-to-net spreads or reduce overall private equity fees to boost performance, according to research by Rede Partners.
Fundless sponsors are winning fans in the fund of funds world, but performance remains front of mind.