Unquote
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
Buy-and-building through the storm
Bolt-ons remain one way of deploying capital and building value, but a tough financing market and pricing mismatches make for a challenging landscape
Rede's Yaron Zafir joins Asante
Zafir left Rede earlier this year, after heading the firm's secondaries activities
From PE darling to hard-hit sector: gyms face uncertain post-covid future
As gyms and fitness clubs across Europe gear up to welcome back consumers, Unquote explores their tricky path out of lockdown
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
Schroder Adveq hires Unigestion's van der Kam to head secondaries
Van der Kam was co-head of secondaries at Unigestion and helped build the firm's secondaries platform
Idinvest completes secondaries deal for growth portfolio
Manager has transferred 12 companies into a new fund backed by secondary capital
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
Meta Change Capital launches €100m fund
Fund is dedicated to investments in blockchain companies across Europe, Asia, the Middle East and Africa
Vast majority of LPs satisfied with GP transparency – survey
Coller Capital's PE Barometer also reported LP concerns about forward-looking EBITDA add-backs
Secondaries players weigh up risk and rewards of "ring-fencing" deals
GP-led transactions isolating assets hardest hit by the Covid-19 crisis could appeal to adventurous secondaries players, but challenges abound
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
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
DC Advisory hires Bijoor as managing director
Bijoor joins DC Advisory from Guggenheim Securities, where he was a managing director
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
Unquote Private Equity Podcast: Startups slow down
The Unquote pod asks, when will VC activity return to normal? And how will venture funds rebound in comparison to the previous GFC?
Impact investing: LP perspectives
Three European LPs discuss how they define impact, their favoured measurement metrics, and the kinds of managers they look for
Francisco Partners raises $9.7bn across three funds
Funds target the technology industry, with a focus on software, financial technology and healthcare IT
Q&A: Snowball CEO Daniela Barone Soares on impact trends
Paul Tilt catches up with the CEO of the fully diversified impact fund, to discuss the latest trends, hurdles and outlook for the strategy
Video: Coller's Francois Aguerre on PE's reasons to be cheerful
In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil
Guernsey Finance launches green PE principles
Four key principles to mitigate climate change at every investment stage and within GP boards
Download the June 2020 issue of Unquote
The latest issue of the Unquote magazine is now available to our subscribers, with some added interactive features
Commercial due diligence: Adapting to the new landscape
Three CDD practitioners discuss dealflow, and how their offering is shifting as PE houses contemplate post-Covid scenarios
Spectrum Equity IX hits $1.5bn hard-cap
Fund targets investments in internet-enabled software and information service companies