July 2015 Issue


    Month: July
    Year: 2015

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    First Round: Top Trump

    Donald Trump is finally running for President

    First Round: Murray Mint

    Tennis star Andy Murray has agreed to join Seedrs' advisory board and invest in some of the firm's schemes

    Germany Roundtable: Broader acceptance?

    As understanding of the asset class improves, is a broader acceptance of private capital finally taking place in a country which remains one of the most popular destinations for LP capital, and yet one many international GPs struggle to crack?

    First Round: Coup de grace

    PAI Partners’ chairman and chief executive Lionel Zinsou is stepping down to become Benin’s prime minister

    Data Room: Double delight

    The UK private equity and venture sector has produced impressive returns over the past decade, with venture in particular producing a strong showing

    Staying data safe

    As the SEC casts an eye on PE firms with poor cybersecurity, has your firm done enough to satisfy its crackdown? Ari Berman of Vinson & Elkins lawyers provides a security checklist

    Fees: A question of size

    LPs are tired of fees on undrawn capital commitments. A wholesale switch to managers charging for invested capital only may be an answer, but it’s not the solution

    Reprogrammed outlook

    GPs wanting to energise and engage closely with the firms they have bought could take a leaf from The Riverside Company, which brings its portfolio company executives together once a year for an educational forum where they push their skills in front of each other

    LPs shorten their GP rosters

    With large institutions reducing the number of funds in their portfolios, what is the outlook for smaller GPs?

    Going public in private

    This summer has seen an IPO boomlet in London for PE firms as they eye alternative ways to access long-term liquidity

    Jimmy Lee: Tribute to a titan

    PEI pays its respects to JP Morgan Chase vice-chairman James ‘Jimmy’ Lee, an industry titan credited with changing the blueprint for modern private equity deal-making

    LP Radar: Tunnel vision

    Faced with an underfunded pension system, SERS is focused on making bigger private equity investments, but to fewer managers

    The rise and rise of flexible capital

    For US clean energy fund managers, the growing role of family offices, endowments and charities is probably the key takeaway from President Obama’s recent announcement

    Privately Speaking: Bregal Partners

    Bob Bergmann and Scott Perekslis formed such a close working relationship with one LP that they struck out to form their own mid-market GP. Here, the Bregal Partners duo break down their investment model

    MENA: Ready for more

    Managers in MENA are optimistic about the industry’s prospects in the region, thanks in no small part to the continued consumer story and an improved exit environment

    Hong Kong Forum: Softly, softly

    With prevailing winds no longer at the backs of GPs operating across Asia-Pacific, operational improvements are taking more of a leading role. But when it comes to working with company founders, the key to successful implementation is a respectful approach

    Faulty goods

    Disputes in private M&A have been on the rise thanks to a steady rise of warranty claims

    Pleasure and pain: Silverfleet, Caird and IPOs

    Our pick of memorable moments of the month just gone

    Investor Base: Investment continues on for WSIB

    The Washington State Investment Board isn’t slowing down its alternative asset investments

    LP 50: Private equity’s preferred partners

    PEI’s Research & Analytics team’s third annual LP 50 ranking pinpoints the limited partners anchoring global private equity

    Fresh alliances

    As rising costs and onerous regulation make life more difficult for insurers, many are seeking new capital to help revamp their business models, which has sparked a flurry of M&A deals with cash-rich private equity houses