What can be learned from past performance about the future prospects for private equity? Introducing the Peracs PE Barometer, Oliver Gottschalg of HEC School of Management and Robert Ryan from Peracs Due Diligence Services assess the attractiveness of today's environment for private equity.
5 min read · 12 January 2013
Many general partners' recent letters to investors have sought to reassure that, despite market turbulence, current portfolios remain healthy overall and investment capabilities credible. Several firms' founders have also offered perspectives on general economic conditions. Private Equity International here provides excerpts of five “Dear LP” letters issued during the first quarter.
5 min read · 12 January 2013
Established in 1972, and responsible for private equity's first-ever fund of funds, Adams Street Partners is not the kind of organisation to flee in fright when a market downturn looms over the horizon. Andy Thomson and Philip Borel met with Bon French and Hanneke Smits in London to find out more about the firm's history, its take on current conditions and its broad-mindedness when it comes to manager selection.
9 min read · 12 January 2013
The Canada Pension Plan Investment Board moves very large sums of money in and out of private equity. Direct investment is a key component of its strategy finds Philip Borel.
5 min read · 12 January 2013
A fund targeting family businesses in Tunisia, Morocco and Algeria has closed ahead of target thanks in part to the region's improving exit prospects.
5 min read · 12 January 2013
Having listed on the London Stock Exchange in May, Kuwait's Global Investment House has now opted to raise a new fund there as well.
8 min read · 12 January 2013
Investor support for private equity fund managers continues to rise, in spite of concerns that some are not sticking to the agreed script.
6 min read · 12 January 2013
The former European Acquisition Capital partner joins Palamon to focus on the UK.
1 min read · 12 January 2013
The French alternatives firm has smashed its initial fundraising target of €300m against a difficult market backdrop, a week after selling a stake in the management company to Spanish firm N+1.
1 min read · 12 January 2013
The beleaguered airline has secured $75m in debtor-in-possession financing and $100m in equity from the Washington DC-based firm.
2 min read · 12 January 2013
