Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The private industry's growth warrants scrutiny from media and politicians, Invest Europe chief executive Eric de Montgolfier told Private Equity International.
The €33bn Fonds de Réserve pour les Retraites' supervisory board will review its asset allocation plan in April.
Private equity fundraising for the year has kicked off with a bang with at least $41.9bn in final closes already, PEI data show.
More attractive entry conditions, an increase in activist investor campaigns and PE becoming more mainstream will drive public-to-private activity this year.
Global pension funds' appetites for private markets has risen 17 percentage points over the past two decades, according to Willis Towers Watson.
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.
INVL Asset Management held a €165m final close on its latest fund and will back up to 10 companies in the Baltics, Scandinavia and Central Europe.
The $30bn pension is building a five-year road map for Europe PE and seeks to back up to 10 GPs.
Secular trends in fundraising are more dominant than macro themes, said chief executive Mario Giannini on the firm’s third quarter fiscal 2020 earnings call.
Jonathan Lavine, co-managing partner of Bain Capital, said the private equity industry should engage more with policymakers and be more transparent on both good and bad outcomes.