Pledge funds are gaining steam among newer GP groups trying to make an impression with LPs. But the deal-by-deal funding model has some serious weaknesses that fund managers and LPs need to consider.
5 min read · 08 February 2013
An early version of the Senate’s financial reform legislation exempts private equity from registration as an investment adviser – a carve-out which could save firms hundreds of thousands of dollars.
2 min read · 08 February 2013
A side-by-side comparison of the House and Senate draft legislation for the regulation of US private investment funds, by Nathan Greene and Jesse Kanach of law firm Shearman & Sterling.
3 min read · 08 February 2013
The high returns of the boom years have been replaced by another ‘R’ word: risk, according to a series of white papers by Ernst & Young. Real estate companies should now be focused on capital sources, reevaluating their business model and managing global risk.
2 min read · 08 February 2013
The current real estate crisis will be worse than the RTC of the 1990s, but a recovery will not gain ‘traction’ until late 2011 or 2012, according to the latest economic trends report from ULI and PricewaterhouseCoopers.
2 min read · 08 February 2013
There are many parties at the table in CMBS workout situations. It is still far from clear who the winners will be, if any. PERE November issue.
8 min read · 08 February 2013
The Australian sovereign wealth fund's exposure to private equity grew 520% year-over-year.
2 min read · 08 February 2013
Frederic Lemoine embraced a tough challenge when he took over as chief executive at Paris-listed investment group Wendel Investissement earlier this year.
7 min read · 08 February 2013
The world this month 2009-11-01 Staff Writer <strong>FUNDRAISING WINNERS AND LOSERS</strong><br> <sec level="2"><strong>HELLMAN & FRIEDMAN CLOSES $8.8BN FUND</strong><br> The San Francisco firm has raised the year's second-largest fund which, at $8.8 billion, i
6 min read · 08 February 2013
Whisper it quietly 2009-11-01 Staff Writer Are the worst times behind us, as Blackstone Group chief executive Stephen Schwarzman suggests? Certainly, his own firm's recent activity provides some room for optimism: the €2.6 billion sale of Orangina Schweppes to Japan's Suntory Holdings and the $2.7 billion ac
2 min read · 08 February 2013
