Isobel Markham
While fund ownership should be shared, the management company needs to ‘build out a vision’ around one leader when starting out, Coller said.
The industry is digesting the implications of a surprise, and, for many, unpopular victory.
At the BVCA Summit 2016, investor relations partner Marc St John said overloaded funds would inevitably lead to lower returns.
Florman, former CEO of UK industry body the BVCA, is the first chairman appointed from outside the listed private equity trade body’s membership.
.jpg?id=12885345128 "CMS expands in Asia, adding Hong Kong office")
The office will initially focus on M&A and dispute resolution.
Carsten Stendevad, who has led the $120bn Danish pension since 2013, is returning to the US for family reasons.
GAMMA has secured authorization from the FCA and becomes the first Icelandic financial player to operate in the UK since the 2008 financial crisis.
.jpg "Altamar seeks hard-cap extension on VC FoF – exclusive")
The fund has already hit its €250m hard cap; the firm has approached investors to ask permission to extend it to €275m.
Christian Kvorning, an investment director at the €31.5bn Danish pension fund’s alternatives arm, on worsening fund terms, the need for a ‘healthy crisis’ and elusive US managers.
Here are the key issues the UK private equity industry would like new UK Chancellor Philip Hammond to tackle.