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?
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.
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.
The pace in Europe for developing routes by which individual investors may access private markets has quickened, and incoming reforms may help accelerate this progress even further, write lawyers from Simpson Thacher & Bartlett.
A confluence of market events are fuelling growth in the demand for NAV and hybrid facilities, write lawyers from Reed Smith.
The pace of deal-making recently is notable and it’s the distinct nature of insurance that’s especially enticing, write lawyers from Debevoise.
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.