LPs
How the crisis could affect fund T&Cs
In a tough funrdriasing and deal market, GPs will be looking for all the incentives they can possibly provide
Aberdeen Standard hires Cinven's Robinson
Robinson joins from his position as principal at Cinven, where he acted as a non-executive director
PE secondaries volume cut by more than half in H1 - survey
Private debt fund secondaries were hit even harder with an 81.8% plunge, Setter says
LP platform Titanbay launches
Titanbay has a 1% set up fee for clients and a 0.5% annual maintenance fee
LP Profile: CPP Investments
Unquote picks out key takeaways from CPPI’s latest annual report, and hears from head of PE funds Delaney Brown about the Canadian LP's strategy
CPP Investments appoints SNCF's Pepy as senior adviser
Pepy joined SNCF in 1993 and served as chair and CEO from 2008 to 2019
PA SERS appoints Seth Kelly as new CIO
Kelly joins from the Missouri State Employees Retirement System, where he was also CIO
OTPP appoints Frank as senior managing director
Karen Frank will lead the LP's private capital and "high-conviction equities" teams
Video: Cambridge Associates’ Marcandalli on impact investing moving centre stage
In a new instalment of Unquote's Lockdown series, Annachiara Marcandalli explains why it is unlikely that coronavirus will sideline impact investing
Reputational risk, early secondaries help assuage LP default fears
GPs that recently raised are the ones potentially more at risk, but market sources agree widespread defaults would be far-fetched
Vast majority of LPs satisfied with GP transparency – survey
Coller Capital's PE Barometer also reported LP concerns about forward-looking EBITDA add-backs
Third of LPs put fund commitments on hold – survey
Brackendale Consulting survey also revealed that 62% would commit to a fund without a personal visit
BBB appoints Lewis La Torre as interim CEO
In October 2019, Keith Morgan announced that he would be standing down from the role of CEO
Video: CPPIB's Delaney Brown on improved LP/GP relations
In the fourth of Unquote's Lockdown series, Delaney Brown, managing director of CPPIB, discusses improved GP/LP relations since lockdown began
Cambridge Associates opens Munich office
Office will be led by Alex Koriath, head of European pension practice and regional head for Germany
Impact investing: LP perspectives
Three European LPs discuss how they define impact, their favoured measurement metrics, and the kinds of managers they look for
BMO appoints Baxter and Burnet to board
Listed private equity investor is currently valued at £315 per share, at the time of publication
LGPS appoints Ross as CIO
Ross was previously deputy CIO and joined the company two years ago
Impact investing webinar: Capital Meets Conscience
Watch a virtual event on impact investing, with panellists including Bridges' Maggie Loo and Daniela Barone-Soares from Snowball
Video: OTPP's Topley discusses liquidity squeeze, GP discipline
Joe Topley, head of European funds at Ontario Teachers' Pension Plan, shares his LP perspective on the current state of the private equity market
DWS putting secondary capital to work in late-stage co-investments
Secondaries player has found that offering a mid-cycle co-invest can be an option for PE-backed assets to capitalise on opportunities
Cambridge Associates hires Gunnee
Gunee joins from Mercer, where he was a partner and head of fiduciary management
US pension fund pulls back private equity commitments
Milwaukee County reduces commitments to four private equity funds, from $79.5m to $63.5m
17Capital invests €100m preferred equity in European fund
Funds provided will enable the manager to invest further in their existing portfolio companies
