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The private equity and credit firm has hired Olli Heinila, a professional with primary, secondaries and co-investment experience.
Providers of subscription lines are increasingly looking to take control of LP transfers, according to lawyers at Debevoise & Plimpton.
Not having negotiated subscription lines themselves, investors may be unaware of terms that could block sales of their interests, writes Andy Thomson, editor of sister publication Private Debt Investor.
Experts at a Duff & Phelps seminar at London’s Shard building shone some light on the implications for private equity of the (latest) unexpected election result.
New OECD rules that would restrict interest payments being deducted against tax include an exemption for ‘public benefit projects’
The secondaries-focused effort, which includes a commingled strategy and separate accounts, is around twice the size of the firm’s 2009-vintage programme.