July 2015 Issue
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