February 2016 Issue
Privately Speaking: Neuberger's fertile ground
Neuberger Berman’s Anthony Tutrone and Joana Rocha Scaff believe the company’s shared ownership structure has helped create the ideal vehicle to drive its ambitious growth plans.
First Round: Time off from time off
Has Acadia Healthcare bought the perfect place for the deal addict.
Privately Speaking: Neuberger's specialist focus
Neuberger Berman's niche Specialty Strategies have helped the firm grow organically.
First Round: Chip off the old Blackstone
Where Cecil Rhodes blazed a trail, Steve Schwarzman now follows.
First Round: Christmas comes early for Cherry Hill
Private equity firms are not ones to ignore a gift in the festive season.
Why private equity is growing closer to hedge funds
Some of private equity’s big beasts find the allure of hedge funds irresistible, but success in the niche can prove elusive.
Fund terms: LPs enjoy the freedom of choice
Funds offering flexible fund terms are being warmly received by investors.
The time is now for private equity spin outs
For mid-level private equity executives thinking of striking out on their own, there has never been a better time.
OPIC's $200m impact investment in LeapFrog
OPIC’s commitment to LeapFrog shows more than just faith in one fund; it highlights the private equity industry’s confidence in the sector as a whole.
Dick Smith leaves private equity back in the dock
The collapse of an Australian retailer has drawn the private equity industry back into the public eye.
Claudio Sposito: 1955-2016
Private Equity International remembers a man who brought private equity to the ‘Italian financial establishment’.
Deal Mechanic: ECN
In less than four years Riverside more than doubled EBITDA at emergency notifications business ECN and created a demonstrable growth opportunity for the next owners.
Doug Miller's global roll-out reaches Africa
Following success in Europe and Asia, Doug Miller’s project of creating a globe-spanning support network for goal-oriented philanthropists is about to reach another continent.
LP Radar: MassPRIM
Diversification and careful manager selection has seen Massachusetts Pension Reserves Investment Management Board rise to the top.
Investor Base: Coller Capital
Secondaries firm Coller Capital amassed more than $7bn for its latest vehicle.
Data Room: US leveraged lending dips
New rules on lending appear to be taking effect in the US, the data suggest.
Responsible Investing: Raising the bar
Thanks to pressure from LPs the majority of fund managers have made huge strides on responsible investment in the last decade, but it shouldn’t end there.
Responsible Investing: OTPP on direct responsibility
Ontario Teachers Pension Plan's Barbara Zvan talks about the challenges of backing private equity funds and investing directly into portfolio companies when it comes to responsible investment.
Responsible Investing: Finding the right approach
With no industry standard on how to due diligence, measure and report ESG issues at portfolio companies, fund managers have come up with their own way of addressing the challenge. PEI examined four GP initiatives making waves.
Responsible Investing: ESG needn't mean lower returns
A new benchmark shows that backing impact investment funds needn’t require making a financial sacrifice.
Responsible Investing: Asking the right questions
The UN PRI’s guidance on ESG due diligence should make life easier for both LPs and GPs.
Responsible Investing: Continental divide
Investment professionals say ESG integration is more developed in Europe due to limited partner pressure.
Keynote Interview: Actis on taking ESG responsibility
Actis's head of responsible investment, Shami Nissan, explains why RI is a core element of investment decision-making and how Actis’s approach continues to evolve.
Keynote Interview: Cinven's ESG legacy
With the right backer, portfolio companies can build sustainable and meaningful frameworks that endure beyond private equity ownership, say Cinven partner David Barker and corporate affairs director Vanessa Maydon.
Expert Commentary: ERM on ESG as a value driver
Responsible investment is a route to operational value creation.
Expert Commentary: Meridiam on risks and opportunities
Environmentally responsible infrastructure is vital for both planet and portfolio.
Expert Commentary: Goldman Sachs Asset Management
Goldman Sachs Asset Management’s John Goldstein and Taylor Jordan discuss the evolution of ESG and impact investing, and how investors are approaching the space today.