November 2013 Issue

The LP50 is a unique new ranking developed by PEI to identify the biggest and most active investors in private equity funds today.

Our hero is unimpressed by the new European operating partner (aka the guy who's spent his whole career running companies rather than buying them)

Leverage levels remain lower than they were in the pre-crisis years - apart from in the US, where the good times seem to be back already.

Online platforms are trying to revolutionise the way investors connect with fund managers. It’s hard to see them ever replacing the existing process — but they can certainly be a helpful additional tool

The New York City Employees’ Retirement System is rudderless again, having lost its CIO just months after its head of private equity also quit

With The Gym Group, Bridges Ventures developed a business that opened up a whole new market segment in the UK.

On 6 October, Team PEI competed in the Royal Parks Half Marathon in London – and raised more than £26,000 for charity.

With the US SEC has eased fundraising regulations, First Round looks at a first mover - and suggests some more interesting options.

Jimmy Choo founder Tamara Mellon continues to be cross with the private equity people who made her very rich.

Australia’s returns are respectable, if not entirely compelling. But LPs seem less concerned about mediocre multiples than they are about getting cash back via realisations.

A trade union attack on KKR-owned Alliance Boots over tax avoidance is unlikely to be the last call for the ‘modernisation of taxation of private equity-backed businesses’.

In October, Greenpark Capital announced it had been taken over by StepStone Group. For investors, it’s probably the best possible outcome from a difficult situation.

Karmijn Kapitaal closed its debut fund just below its €50m target last month for investments in Netherlands-based businesses partly led by women.

Are secondary deals the answer to India’s problems? Or just a way of kicking the can down the road?

Why are Asia’s fundraising targets highest in the world when private equity investment in the region seems to be going backwards?

The expected deluge of distressed deals may not have happened yet — but there are plenty of reasons for investors to be optimistic.

The Nordic region’s private equity market is in an enviable position but a number of challenges face the region's managers and investors.  

After overhauling its entire approach, is CalPERS now ready to start committing $6bn a year to private equity?

Six essays on some of the hottest topics on the minds of private equity COOs and CFOs.