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The sovereign fund giant expects competition to remain fierce or even accelerate next year, as continuation funds and SPACs add to the mountain of dry powder chasing deals.
The GP stakes firm plans to deploy as much as $300m each year using the company’s own money, leverage and proceeds from the planned $5bn listing.
Less than half of LPAs require co-investments to be on ‘substantially similar’ terms as the fund investment, according to asset management consultancy MJ Hudson.
Industry participants share their advice on how to make the transition to on-site work and business travel easier.
The private equity subsidiary of New York Life Insurance Company has lost six senior executives, including CEO Tom Haubenstricker and CIO Quint Barker.
Private equity fund advisers welcoming foreign investors who can potentially exercise certain control in buyout deals involving portfolio companies may well spur a filing.
This year’s ranking of the industry’s biggest secondaries fundraisers is larger and broader than ever.
Private equity accounted for 17.5% of the Future Fund portfolio as of 30 June, up from 14.6% just three months prior.
The UK government has called on its institutional investors to allocate more capital to long-term, illiquid assets as it looks to address regulatory barriers to investing in private markets.
Jeff Hooke, senior finance lecturer at Johns Hopkins Carey Business School, says individual investors will get 'milked for fees' accessing PE.