Performance

Thoma Bravo’s funds have satisfied their LPs to justify their streak of no preferred return going forward.

Subscription credit lines can artificially boost IRRs, private equity advisor TorreyCove says in a report.

Data from Cambridge Associates show first and second funds to be some of the best performing, with sector-focused offerings losing less money than generalists.

The $6.1bn university endowment’s investment office, which has more than a quarter of its assets in private equity, is considering a move to the Big Apple to source better candidates for its 20-person team.

KKR and Permira among those named in Private Equity International’s annual celebration of the industry’s best value creation stories.

The Europe-focused buyout firm has agreed to sell its remaining 35% stake in Moleskine, completing its final exit from the luxury notebook maker.

A weakening pound in the wake of June’s Brexit vote drove most of the 15 pence-a-share uplift for the AIM-listed company in the six months to 30 June.

The London-listed private equity investor urged shareholders to take no action on HarbourVest’s £1bn bid, saying the 650p-a-share final offer ‘undervalues the company’.

The London-listed private equity investor urged shareholders to take no action on HarbourVest’s £1bn bid, saying the 650p-a-share final offer ‘undervalues the company’.

High prices and lower debt multiples will take their toll on returns, according to research from alternatives manager Partners Group.