There are multiple reasons why spin-out teams are uniquely positioned to overcome hurdles facing first-time fund managers, writes Karl Adam, a partner at placement agent and advisory firm Monument Group.
Pension funds, endowments and asset managers are being drawn to the mid-market's flexibility and wide range of exit options.
The departure comes six months after the firm said it was opening in the UAE to deepen its push into the Gulf region.
BlackRock paints an optimistic picture for private equity dealmaking in 2025. Plus: Bain & Co thinks the picture around exits may be less bright; and Japan's fundraising total ekes closer to a new record. Here's today's brief, for our valued subscribers only.
The SAR government has proposed broadening the number of qualifying asset classes exempt from tax and creating more flexibility in its carried interest tax concession.
Despite rampant LP appetite for co-investments, commingled funds in this space face natural barriers to their growth, including a more limited investor base and the need for extensive GP networks.
The strategy has played a critical role in LP-GP negotiations this year.
Among the pension giant's appointments is Sam Blaichman to global direct private equity head, replacing Hafiz Lalani in the role.
The SEC, a recent private funds sceptic, could attempt to unlock retail access to private markets. Plus: a new entrant to The 70% Club; and women-led VC firms have been disproportionately impacted by a fundraising slowdown. Here's today's brief, for our valued subscribers only.
Record activity in the secondaries market has led to a surge in semi-liquid vehicles.