Graham Bippart
Two European LPs have already defaulted on capital calls, and more are rumoured, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.
Doug Cruikshank talks with senior editor Toby Mitchenall about the growing asset class: how it works, who it works for and what he thinks it can do for sponsors during an economic slump.
CFOs are largely planning on leaving their 31/12 marks untouched; Duff & Phelps warns now is not the time to diverge from your established valuations practices.
A combination of indebtedness and tanking oil and gas prices led to Southland's bankruptcy, not its valuation process.
FX hedging may be alien to many CFOs, and it can be obscure and expensive, with an ambiguous payout. But the new cross-border advisory firm says that’s all changed.
MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
Industry players say fee transparency has been increasing. So why are more LPs asking for more of it?
Bipartisan words of support for private equity suggest proposed legislation that could devastate the industry would be unlikely to survive Congress – possibly even the House. That doesn’t mean the fight won’t get louder and uglier.
Industry representatives largely dodged a feared thrashing in Tuesday's House Financial Services Committee hearing on private equity.