Terms & Conditions

Some investors are in favour of reducing the frequency of capital drawdowns, but many are concerned about the risks of extending loan periods.

Olivier Carcy, who oversees a $3.2bn private equity programme at wealth manager Indosuez, said LPs should be compensated for the use of their credit rating.

Per Olofsson, head of alternative investments at the Swedish pension fund, said subscription credit lines should be used for capital efficiency and not to artificially boost IRRs.

A number of US states are seeking to follow California in mandating public funds to disclose carried interest paid to GPs.

Negotiating a Limited Partnership Agreement can be fraught, particularly when it comes to the issue of where litigation should be heard.

The firm had over $20bn in demand for Clayton, Dubilier & Rice X, which it started raising in October.

Quantum Energy Partners’ previous fund closed on its $4.45bn hard-cap in July 2015.

A look at the performance and terms on some of the manager’s flagship funds prior to its shares beginning to trade in New York on Wednesday.

The LP body is consulting with members on a range of topical issues as it prepares to refresh its ‘Private Equity Principles’ document.

Genstar Capital Partners VIII has a $3bn cap and plans to raise additional co-investment capital for a planned final close in March.