The secondaries market's transformation into a $70bn market is due to both a wave of the Fairy Godmother’s wand and the payoff for years of scrubbing floors, write Houlihan Lokey's Jeff Hammer and Paul Sanabria.
After rumours the US’s largest public pension fund was planning to outsource its private equity business, CalPERS has launched a search for potential partners. Here’s what we know so far.
The prevailing ‘grow or die’ approach to fundraising creates a distinct opportunity for spin-outs to outperform in an overlooked corner of the market, writes Anne Moore, of placement agent Monument Group.
CFOs are largely planning on leaving their 31/12 marks untouched; Duff & Phelps warns now is not the time to diverge from your established valuations practices.
Junior and mid-level employees are widely regarded as attractive targets, while more senior personnel may find themselves on the receiving end of tough questions from future business partners.
The amount of unspent capital is undoubtedly high, but for managers willing to look there are more than enough opportunities out there.
The European private equity stalwart picked Blackstone as a minority shareholder also for the soft benefits that it brings.
What do we think we will be reporting this year?
GPs can pick up non-core businesses with a lot of value potential; getting everything right in these transactions is not simple, according to law firm Baker McKenzie.
Fund finance facilities have traditionally been linked to uncalled LP commitments, but the focus is increasingly now on underlying portfolio investments. Leon Stephenson of Reed Smith explains the trend