Carmela Mendoza
Recent guidance from the US Department of Labor opens up private equity investment to 401(k) plan sponsors, but it's unlikely the market will see a flood of such capital any time soon.
The investment firms’ defined contribution products for the US market include evergreen private equity funds mingled with liquid reserves.
Almost two-thirds of LPs are concerned about exceeding their policy target to private equity, according to a survey from the ILPA.
GPs' abilities to react faster and PE funds’ strong governance framework are key reasons for the stability of the asset class during market volatility, according to eFront.
Firms including Apollo Global Management and KKR are facing potential clawback issues due to covid-19-induced writedowns. What are the implications for GPs and LPs when it comes to sponsors having to pay back carry?
LPs will consider the amount of capital raised and deployed, and whether any investments are already underwater when granting GPs more time to raise funds during the coronavirus crisis.
The investment giant categorised about 30% of its $80.4bn PE portfolio as highly impacted by the coronavirus pandemic, which drove most of the quarter’s depreciation.
The firm’s co-chief executives and board of directors have pledged 100% of their base salaries over the next six months to support portfolio companies.
We look at just some of the ways private equity firms are helping portfolio companies and wider society as the industry grapples with the coronavirus-led business slowdown.
The firm ended last year with €533m in cash, no structural debt and €3.8bn in dry powder.