News/LPs
Titanbay launches co-investment programme
Private markets platform plans to make 10-12 deals per year and has a live opportunity in Germany
Record number of LPs to cut "new money" commitments – Rede Partners
Biannual LP sentiment survey also reveals that LPs are expecting a drop in distributions
LPs' net returns highest since financial crisis – Coller Capital
Secondaries specialist’s Summer 2022 Barometer shows that half of LPs want to increase their allocation to alternatives, with 91% still committing to PE first closes with incentives
Nest mandates Schroders for PE strategy
Defined contribution workplace pension scheme is seeking exposure to growth and mid-market PE deals
LP Profile: Novo Ventures ready for steady deployment amid IPO lull
Danish biotech investor’s Naveed Siddiqi on opportunities arising from larger funding rounds and benefits of a two-pronged investment strategy
Pamplona to liquidate LetterOne-backed funds, to sell LP stakes in cut-off process
GP to begin formal wind down process on three funds after sanctions hit the LP’s Russian backers
ESG from ‘nice to have’ to prerequisite for almost all LPs – survey
Adams Street Partners’ 2022 Global Investor Survey gauged LPs’ views of 118 LPs globally
Most LPs seek to improve co-investment appeal – Coller Capital
Coller Capital's winter 2021-22 Global Private Equity Barometer covers topics including secondaries
Connection Capital hires Anas Afzal as fund associate
Afzal joins from Aberdeen Standard, where he was a portfolio analyst on the fixed income team
StepStone announces leadership transition
Scott Hart becomes sole CEO, while Monte Brem is to be named executive chairman
Vast majority of LPs plan to increase impact allocations – survey
HarbourVest's 2021 ESG, Sustainability, and Impact Investing Survey collated responses from 130 LPs
CapMan Wealth Services forms Investment Partners Fund
EUR 90m fund will invest in cooperation with AlpInvest, backing US mid-market funds chosen by the GP
One third of LPs plan to increase PE allocation within a year – survey
Schroders' Institutional Investor Study surveyed 750 investors in February and March 2021
Calpers, Carlyle lead LP-GP ESG Data Convergence Project
Initiative aims to bring about a standardisation of ESG reporting, with yearly reviews
One in four LPs willing to trade lower performance for better ESG - survey
ESG-focused LPs "motivated to divest positions in funds where they perceive ESG efforts to be lacking"
British Patient Capital launches £600m life sciences programme
Programme will invest in later-stage life sciences funds targeting at least £250m
Over a third of LPs track GPs on social media - survey
Survey finds that 38% of LPs use social media to track GPs and a further 29% use social media as part of their due diligence on potential investments
LP returns from PE at "record levels" – Coller Capital
Two thirds of LPs have now achieved overall net returns of between 11% and 15% from private equity
Schroders rebrands private assets under Schroders Capital
Private equity, private debt, real estate and infrastructure are all part of the platform
Altamar and CAM combine businesses
New group is named Altamar CAM Partners and has a presence in Europe, America and Asia
Essling founder sells business to private investors
Frank-Noël Vandenberghe exits the business he co-founded with Michele Mezzarobba, who left last year
European GPs get top ESG marks, but diversity remains sore point - survey
Only 23% of Aberdeen Standard Investments' GPs have clear diversity targets in their portfolio companies
Ardian buys LP interest in Bregal Freshstream
Freshstream I is a fund established in 2015 with €600m in commitments, and targets mid-market companies
Majority of LPs happy to commit without in-person meeting – survey
Cebile Capital survey finds that 51% of respondents expect to increase PE commitments in 2021
