Home Ts & Cs

Ts & Cs

Tiger Shark and Remora Fish
The asset manager is targeting space left by the ballooning mega-fund market, according to documents from US public pension fund VCERA.
US Capitol Building
We surveyed 90 fund managers and lawyers to ascertain how the industry could be affected by changes to carried interest. 
money
There’s a little fee LPs must pay when making a late commitment to a fund, which can make some secondaries investments unviable.
The crisis has put pressure on the relationships between GPs and LPs. As many look to renegotiate fund terms, what will the lasting effects be?
risk
Buyers are proposing fresh ways of ensuring sponsors stay aligned, according to a panel at PEI's Investor Relations, Marketing & Communications Forum.
books
The buyout shop is making a €300m investment from its latest fund in the process, which values Springer Nature at about $7bn.
tech
The $31bn manager is targeting secondaries investments through its 2019-vintage Fund XI and an in-market follow-on vehicle.
legal
Ropes & Gray advised on more than 150 deals worth $17.5bn in 2019, according to the Secondaries Investor Law Firm Survey 2020. 
Light painting photography - long exposure, blue and purple fairy lights in swirling patterns on a clean black background
Buyers are requesting a bigger GP stake in continuation vehicles and cross-fund investments are on the rise, according to the advisor.
Iceberg ice water
This so-called 'status quo' option has gone a long way in helping get LPs comfortable with GP-led liquidity processes.
si
si

Copyright PEI Media

Not for publication, email or dissemination