Commentary

Thought leadership from the private equity industry’s leading voices including legal experts, industry veterans, asset class specialists and academics.

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LPs warming to NAV loans, a surprising degree of liquidity, and a spate of evergreen entrants could define the rest of this year.
Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.
A court of appeals decision in the US this week to render null and void the SEC’s private fund rule doesn’t signal the end of efforts to better protect investors.
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Knowing exactly why you want to co-invest and formalising your strategy will go a long way towards making you a sought-after co-investor, say Steven Hartt and Ethan Samson, managing principals at Meketa Investment Group.
Ludovic Phalippou
Charging 10% carried interest on a deal-by-deal basis is not necessarily cheaper than 20% or even 30% charged on a fund basis, argues University of Oxford's Saïd Business School's Ludovic Phalippou.
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?
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Investors remain bullish on the long-term outlook for private versus public markets investing in the face of high interest rates and inflationary pressures, according to PEI’s LP Perspectives 2024 Study.
Joseph Lombardo Houlihan Lokey
PEI recently caught up with Joseph Lombardo, head of private equity general partner advisory at Houlihan Lokey, to discuss why LPs appear to be warming to the fund of firms strategy.
A recent continuation fund exit by TPG is further evidence that such vehicles can reward investors with the capacity and desire to roll over, or those who opt to back funds investing in these deals.
A firm launched this week with the backing of US pension funds represents a new breed of fund of firms vehicles.
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