Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

The simple idea of giving all portfolio company employees an ownership stake in their firm could give GPs a competitive advantage.
conflict
The showdown between Dyal and some of its portfolio companies is a headache for LPs, some of whom find themselves enmeshed in a web of conflicts.
money
The buyout giant’s decision to better align compensation with how well its funds perform should be a comfort for LPs.
Given ESG-linked facilities are generating ‘a huge amount of interest’, we discuss whether they are the best way to incentivise change.
With LPs’ focus on ESG showing no signs of abating, GPs’ approaches to the issue look set to play an increasingly important role in manager selection.
Camera lens in colorful light focus
The Apollo chief's decision to relinquish the reins as chief executive is an opportunity for the industry to prioritise governance.
Canada
The Investment Management Corporation of Ontario has a five-year plan to establish itself as a major player in the co-investment market. GPs would be wise to take note.
binoculars
Four of the 10 largest PE funds raised last year were for secondaries. Will the strategy come to dominate fundraising or has it had its day in the sun?
Problem Solving
Competing sources of capital and a strategy yet to be untested during a downturn pose challenges for long-hold fundraisings.
Cast your vote and help decide the outcome in 71 categories making up the 2020 Private Equity International Awards.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination