Plunging asset values could cause a wipeout in carried interest for fund managers, pushing them to look for other means of funding commitment to future funds.
The fund finance market is producing innovative solutions to the liquidity crisis, but they come with complexities.
Uncertainty over valuations, the denominator effect and LP defaults could be on the cards in the second half of a very unusual year for the private equity industry.
What did we learn about private equity amid the unfolding of a pandemic?
The Neuberger Berman unit’s management-fees securitisation this week shows GPs are coming up with novel ways to give liquidity.
A new paper argues LPs are turning a blind eye to high fees and mediocre performance in their PE portfolios. Is this a fair assessment?
Fund managers won’t be happy with every recommendation the LP body is making, but in a more challenging market environment investors will surely welcome the extra disclosure.
The leaders of some of the most prominent firms have spoken out about discrimination.
The time will soon come when a pre-coronavirus track record won’t count for much; LPs will be judging managers on how they rise to the challenges in the coming quarters.
Private equity sponsors may find themselves in need of capital due to the covid-19 crisis. Enter: the secondaries market.