Nicholas Donato
Just as the SEC publishes guidelines over registration requirements for buyout groups, a Republican-led effort to exempt private equity firms from SEC oversight has taken another step forward.
The reasons may have changed, but the outcome is still the same. Fewer LPs cite fund terms as a reason to shed relationships with GPs, but an overwhelming majority still plan to refuse managers’ re-up requests in the near future.
In a sign of limited partners’ interest in renewable and green energies, London-based zouk Capital has closed Europe’s largest fund for investments in clean technology.
Investors’ top priority when committing to new funds is not track record, but hard to quantify management performance measurements such as succession planning and depth of talent bench, according to a new survey.
The state-backed development group will have to strike a new balance between attracting top-tier talent and keeping pay in line with its mandate as an investor in impoverished regions.
After expanding the company’s geographic presence in the greater Nordic region and beyond, Litorina has exited its stake in Swedish IT security group Coromatic to regional rival EQT partners for a 35% IRR.
Europe’s private equity trade association is launching a transparency initiative to shed greater light on the industry’s activity and concerns.
Anis Bibi has resigned from Dubai-headquartered SHUAA Capital, which is slashing 11% of its workforce amid first quarter losses.
A California ethics board is once again investigating the $237bn public pension – this time over allegations investment staff failed to properly report gifts as required by state law.
The European Investment Bank’s small business arm has helped push RiverRock European Capital Partners to a €76mn first close.