May 2014 Issue
China dealflow strained as dry powder rises
Despite the government’s efforts to stimulate dealflow, committed capital continues to burn a hole in the pockets of China’s private equity funds.
GPIF activates PE investment unit
The decision of the world’s largest pension fund to allocate to private equity might also prompt other Japanese pension funds to follow suit.
Nicholas Pye Buyout Guy The Spy Who Diligenced Me
Pye's old boss tries to enlist his spying skills to strike back at his new boss
First Round: PE takes on another sports team franchise
Private equity firms see beyond the short-term metrics of sports, proof lies in Liverpool and now the Milwaukee Bucks.
LP Radar: The real OC challenge
A new collective fund of funds platform for North American pensions promises dramatically lower fees. But it's probably a little early to be talking about it as a 'game-changer'.
First Round: Kidney kicks SEC
Former SEC lawyer James Kidney received applause after bashing the US watchdog.
Investor Base: Strange bedfellows
Longtime competitors Meketa Investment Group and Pension Consulting Alliance are joining forces to help CalSTRS.
First Round: Vista breaks through traditional HR
The Robert Smith-led firm bases its hiring off something else besides exam results and experience.
US IPOs A very open window
US initial public offerings are well up on last year, with private equity firms accounting for an increasingly large share of activity.
FoFs start to ripen in LatAm
Interest is growing in funds of funds in Latin America, but some argue that most of its markets aren't broad enough for country-specific vehicles.
Goldmans cable cartel fine
The antitrust fine levied by the European Commission against Goldman Sachs highlights the challenges of hands-off private equity ownership, writes Bailey McCann
Does private equity have a social value?
A new study of LDC’s UK investment activities offers a new way for private equity to think about its social impact. But is it really likely to change behaviour? By James Taylor
Just Eat and the High Growth segment
The London Stock Exchange’s High Growth Segment finally has its first member: private equity-backed Just Eat. Will it spark a trend? Thomas Duffell reports
Deal Mechanic: Gulf Capital/ Gulf Marine Services
Gulf Capital helped GMS growing its profits by 11-fold, ultimately netting Gulf a 10x return.
Secondaries roundtable: Getting complicated
Six industry experts discuss the current secondaries market: activity levels have been high, but could a public market correction bring deal flow to a halt?