Alan MacKay from Hermes GPE talks to unquote's Kimberly Romaine about private equity performance, and warns GPs to be cautious and ensure potential LPs can meet their commitments.
While private equity's performance has often been measured, MacKay believes that proven LPs will see performance far in excess of the market average.
He also discusses the role of family offices in private equity fundraising, and warns GPs to be cautious and ensure they have done their due diligence on potential LPs to ensure they can meet their commitments.
Hermes GPE's Alan MacKay talks to unquote's Kimberly Romaine about private equity performance
Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist