Madeleine Farman
Three family offices will acquire a 20% stake in Armen, which was founded last year by Ardian’s Dominique Gaillard and Capza’s Laurent Bénard.
There is misalignment between investors and GPs on the topics of obstacles, red flags and expectations, a Capstone survey finds.
Buyers are increasingly splitting out their fund strategies as institutional investors seek specific risk/reward categories for secondaries.
Conditions are favourable for deal-by-deal transactions, adding to the growing ocean of manager types in an already competitive market.
PEI’s annual investor survey indicates that LPs aren’t rushing to exit every deal, but they do expect third-party valuations.
The valuation process is key to determining the fair value of a GP’s portfolio. How is this undertaking managed?
Sweta Chattopadhyay, who joined Moonfare in 2020 from bfinance, is leaving the digital fundraising platform at the end of the month, PEI has learned.
A total of 1,520 funds closed in 2022, raising $727.3bn between them – this is down from the $829.8bn raised in 2021, according to PEI data.
Amid market volatility, managers of investment trusts are using education tools to ensure investors stick with the asset class.
The consensus view from the south of France is that this will be the year that valuations come down to earth.