GP-Leds

New and existing secondaries firms are becoming more focused on particular niches, which is a boon for LPs wanting more specificity but also a sign that returns will be less uniform in the future.

Restructurings are supposed to be a win for all parties involved, but most LPs believe they better serve GPs' interests, a new Palico survey finds.

The distressed debt fund, raised about 10 years ago, was caught in Lehman Brothers' collapse, which impacted its returns.

Merely trading LP positions won’t address deep problems of funds that haven’t raised new capital for at least eight years, explains Joncarlo Mark, founder of Upwelling Capital Group.

Changes to the types of investments the tax-advantageous vehicles can make in the UK will result in more firms restructuring assets into new funds.

Speaking at a private equity conference in London, Adams Street Partners' Pinal Nicum said there were three elements to executing a successful restructurings deal.

Stapled deals and restructurings can fall through for many reasons, but it’s often related to pricing that’s too low and LPs who don’t feel the need to sell.

As restructurings and stapled deals become more mainstream, very large funds and Asian funds will provide more deal flow for such transactions, according to speakers at the British Private Equity and Venture Capital Association Summit 2015 in London on Thursday.

The New York-based private equity real estate firm has acquired the bulk of the assets in a 2007-vintage vehicle.

At least seven private equity firms have backed Core's latest fund, with some of the fresh capital raised being used to buy out stakes from its previous fund.