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Global pension funds' appetites for private markets has risen 17 percentage points over the past two decades, according to Willis Towers Watson.

Businesses such as McDonald’s China, which is owned by the Carlyle Group and CITIC Capital, have announced temporary closures in certain regions.

Fewer covenants can provide greater flexibility in dealing with portfolio company difficulties, but they may also prevent lenders from negotiating rescue plans with borrowers and sponsors. Andy Thomson and Andrew Hedlund investigate

Permira, Nordic Capital and EQT are all examples of GPs who have acquired minority stakes in assets they've just exited in so-called 'rollover co-investment' deals.

John Vaske is establishing the Singapore government-owned investor as a key player in the North American market.

The firm's private equity activity in Q4 was mostly in Europe and Asia, totalling a little less than half of $4bn of total investments.

Perpetual vehicles, which require no mandatory return of capital, are transforming the firm's asset base and earnings, president and COO Jonathan Gray said on a Q4 earnings call Thursday.

Public pension funds can no longer support funds which engage in monopolistic behaviour, said director of private equity Chris Schelling.

The fund, which could reach $1bn, will invest at least 25% of its capital in Africa.

Raising capital in multiple jurisdictions can bring challenges, warns one operating chief.