Home Authors Posts by Rebecca Akrofie

Rebecca Akrofie

Rebecca Akrofie is a News Reporter at private funds management covering private equity management, regulation and legislative developments.

SEC to focus on retail investors in 2018 – Proskauer

The US regulator’s spotlight on ‘Main Street investors’ means private funds enforcement will focus on retail investors with access to non-public investments, according to the law firm.

Legal terms scupper LPAC institutionalisation

Limited partners are acting to preserve their individual interests and make clear they do not represent the LPs collectively in a fund, a conference has heard.
Evercore's secondaries advisory business advised on $5bn in 2014

No change at Duff & Phelps post-acquisition

The management team of the firm, which started up a secondaries advisory business last year, will maintain its equity stake and continue in their current roles.

PE competes with tech on talent and salary

Top talent being enticed away by tech unicorns is pushing up salaries in private equity, says search firm Heidrick & Struggles.

GP-LP relationship ‘challenged’ by transparency demands

Two reports conclude transparency requirements are affecting the GP-LP dynamic and can be difficult to achieve.

Twenty more LPs adopt ILPA template

Limited partners who endorsed the industry body's fees and expenses template during the period include several investors in secondaries funds.

Candover: the saga continues

The acquisition of Arle Capital Partners by a distressed legacy specialist is the latest in an almost decade-old attempt to salvage the UK investor’s legacy portfolio, sister publication PEI reports.

Fed grants extension on seed investments under Volcker

The Federal Reserve Board is allowing banks an additional two years to divest certain types of initial fund investments.

Aquila appoints consultant relations and ESG head

The German firm, which is active in fund and direct secondaries, has hired a former BNY Mellon veteran for the newly created role.

Goldman expects ‘recalibration’ on Volcker rule

The bank already has a five-year extension to comply with the regulation which would push it to divest private fund stakes worth $6bn.