LPs
Q&A: Jeremy Golding talks investment strategies
Emanuel Eftimiu speaks to Golding Capital Partnersт Jeremy Golding about his allocation strategy, expectations for the asset class and what to avoid when fundraising.
State Street acquires Complementa Investment
State Street Corporation has acquired financial services provider Complementa Investment-Controlling.
Q&A: The role of funds-of-funds
Emanuel Eftimiu talks to Tim Creed, executive director and head of Adveqтs European investment programme, about the relevance of fund-of-funds in today's market, the future of large-cap buyout funds and the impact of upcoming regulation.
Central and Eastern Europe – A Continuing Opportunity
Nearly two decades of investment history, superior returns, a universe of experienced fund managers т yet Central and Eastern Europe (CEE) is neglected by many LPs. Henry Potter and Peter Wolfers of Alpha Associates discuss the characteristics of the...
Secondaries in primary position
Secondaries activity breaks $20bn barrier for the first time.
Much ado about very little
Last year was clearly a time for reflection, as record losses prompted many investors to rethink their strategies. GPs paused to concentrate on portfolios and LPs reassessed their manager selections – with some taking it a step further and reviewing their...
Institutional cuts to PE: A mixed bag?
On Wednesday, it was reported that CalPERS is looking to sell another $800m of its private equity commitments. The news came the same week that PA SERS announced it was cutting its allocation to private equity to around 15%. This comes after CalPERS sold...
Princeton cuts GP numbers
Princeton University is halving the number of GPs it invests in, as part of an overhaul of its private equity exposure.
Ontario Pension Plan appoints Jane Rowe
Ontario Teachersт Pension Plan has appointed Jane Rowe to head its private equity unit.
Investments in Asia: Eastern Promise
European nations may have deep historical ties with the Asia Pacific region, but their GPs, and to a lesser extent LPs, have largely been late entrants to the region. This may be changing, though, as Asian Venture Capital Journal’s managing editor Paul...
Candover story: Media picture lacks clarity
The announcement by Candover Investments plc that it is abandoning new investments to focus on returning cash from the sale of its remaining portfolio assets has certainly grabbed many headlines in recent days. But is the mainstream press sensationalising...
Fundraising: GPs face uphill climb
The wheels of the industry are gradually grinding into motion, with some notable fundraisings in 2010 so far. With activity expected to pick up, what awaits the European GPs looking to refill their coffers later in 2010 or into 2011? Julian Longhurst...
Talks over Candover Investment Plc takeover terminated
A statement issued today by Candover Investments Plc confirmed that discussions with a potential bidder for the company have been terminated.
Family offices staying true to private equity
The fundraising market in the past two years can be described as challenging at best with many LPs said to be looking at reducing their private equity allocations. Results of a recent survey that family offices are seeking greater exposure are therefore...
Private equity LPs flock to the Nordic region
The Nordic private equity model is becoming increasingly attractive, according to industry experts. Rikke Eckhoff reports from the unquoteт Nordic Private Equity Congress in Stockholm.
Reporting: Getting a fair view on fair value
Estimating 'fair value' for portfolio companies has become more complex since the financial crisis, due to volatile financial markets and the lack of relevant comparable transactions. The term itself was only incorporated into the private equity industry...
LPs speak out on private equity communications
In a recent study undertaken by IE consulting, 60 Limited Partners from across the globe were invited to share their thoughts on the effects of the financial crisis on their private equity investing and to rate how well their private equity fund managers...
German investment ordinance review - effects on private equity
German insurance companies constitute a significant class of German institutional investors in alternative investments, including private equity. After a period of stagnancy, the German Investment Ordinance on the Investment of Restricted Assets of Insurance...
From recession to concession
With 2009 going down as one of the worst private equity years in history, investors looked on to 2010 knowing things could only get better – and so they have.
SVG doubts permanent shift in LP/GP relations
With the uncertainty that ensued during the financial crisis, many predictions were made regarding the reduction in the number of GPs and their relations with LPs. While we have seen an evolution on both of these issues, there are doubts over how truly...
Uzumeri leaves Ontario Teachers'
Ontario Teachers' Pension Plan is looking for a new head of private equity after Erol Uzumeri announced he is to leave the Toronto-based pension fund manager on 14 May.