Now on its 21st year, the Private Equity International Awards celebrate firms and institutions that have thrived in a highly volatile year for the industry.
Foreign exchange is too unpredictable to influence private equity decisions in the long run, but some portfolio companies could receive a boost from FX shifts in the near term.
It’s a crowded fundraising market where established names dominate, but start-ups can still grab the attention of LPs wanting to juice up their returns.
Long-term stability, transparency and accountability are needed to ensure such programmes benefit all parties involved, as our latest Deep Dive found out.
It’s a private fund innovation that could be a force for good, and one that some investors may struggle with.
Why? Because lower returns will be a temporary phenomenon and because private equity has operated in a much higher interest rate environment before, according to industry participants.
A trio of private equity giants with enormous existing LP bases are using digital securities platforms to unlock new sources of capital.
A demand that the $206bn state pension consider only ‘pecuniary’ factors when investing does little to change its sizeable private markets programme.
The new British PM’s pledges to commit to investment, growth and lowering taxes received applause from private equity sources we spoke to this week; dealing with the fallout of an economic downturn will be no small task.
Though this year’s ranking of the biggest secondaries fundraisers has a different name at number one for the first time ever, many of the most interesting subplots can be found further down.