News/LPs
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
Pantheon promotes four to partner
Petra Bukovec is a member of Pantheon's secondaries team and is based in London
Flexstone promotes three to managing director
Caroline Gibert joined Flexstone in 2014, while David Marcus and Zélie Saint-Zéby joined in 2011
Cambridge Associates hires Amatulli
Amatulli joins from Younited Credit, where she was responsible for Italian Capital Markets
29% of LPs have decreased interest in emerging managers – survey
Placement agent Eaton Partners’ latest LP Pulse Survey collected responses from 61 LPs globally
Ontario Teachers' hires Nick Jansa from Deutsche Bank
Jansa joins from Deutsche Bank, where he spent more than 24 years
Moonfare appoints Winson Ng of UBS as CIO
Moonfare is a platform that allows private individuals to invest in private equity funds
Pantheon appoints Cashion as co-investment partner
Matt Cashion joined Pantheon's New York office earlier in October
