Rod James
Follow-on funds are the latest proof that buying, holding and selling within five years is largely a thing of the past.
NMSIC cut its commitment to Fund V due to the outperformance of investments in prior TDR funds, showing that even top managers are facing cutbacks.
A full 63% of LPs worry about lower returns, though most are confident of maintaining access to the asset class, according to the latest Coller Barometer.
As the economy turns downward and the rationale behind GP-led deals changes, the SEC’s fairness opinion mandate could be a good thing for the secondaries market.
Low-risk AUM, and steady, predictable fees are among the reasons why the longer-term approach to fundraising has gained momentum.
Managers with a tech focus performed well again this year. However, amid a changing macroeconomic picture, can they maintain their fundraising momentum?
The PE manager's GP commitment will account for 10% of Bain Europe VI's total.
Advent International Global Private Equity X found itself on LP 'priority lists' thanks to the strong performance of its predecessors, global co-head of LP services Robert Weaver told PEI.
The fund will invest in assets acquired by 2019-vintage Insight Venture Partners XI, following the launch in 2021 of a vehicle targeting Fund X investments.
It is right to scrutinise the relationship between public pensions and investment managers; the long-term health of the private markets industry will benefit.