Reputational risk, early secondaries help assuage LP default fears
With the Covid-19 outbreak leading investors to suddenly reassess their exposure to private equity, some GPs have feared that a number of LPs could start defaulting on commitments. But such fears appear somewhat overblown, writes Denise Ko Genovese
More on Fundraising
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
DACH fundraising update: H2 2020 pipeline
Although the coronavirus pandemic has set back plans for many GPs, a number of buyout and venture vehicles are on the road in the DACH region
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
DACH PE looks to mid-term effects as lockdowns ease
Local players do not anticipate a sudden return to action just because lockdowns are eased
Latest News
Wise buys tires specialist Vittoria
This is the second deal inked by the GP via Wisequity V, which closed on its €260m hard-cap in July 2019
HIG hires Meysson as head of European direct lending
Pascal Meysson joins from Alcentra and has previous experience at Deutsche Bank and Charterhouse
Mirabaud buys luxury shoe brand Clergerie – report
Mirabaud is reportedly planning to invest via its Living Heritage private equity fund
Kester-backed Frontier sells business to HIG-backed Vernacare
HIG invested from its Growth Buyout Equity Fund III to acquire Vernacare from Palatine