Matilda Battersby
CalPERS, USS and CalSTRS are among the LPs calling for GPs to provide material consideration of environmental, social and corporate governance risks to their portfolios, according to a survey conducted by the UN’s Private Equity Principles for Responsible Investment.
HgCapital and Electra Partners stressed yesterday that listed funds with longer-than-average holding periods can achieve excellent returns and still find interesting investment opportunities, despite recent difficulties encountered by the sector.
A study released today has found private equity-controlled firms are 2% more productive and have 72% more effective management than their government, family or privately owned equivalents. Harvard Business School professor Josh Lerner also said that private equity-backed firms ‘come out on top’ during recessions.
David Burns and Richard Daw have joined the UK firm’s management committee.
Three high profile socialists and MEPs have written to the EU Commission president to demand action proposals for private equity regulations, following a war of words triggered by remarks from EU Commissioner Charlie McCreevy in December.
Only half of the 32 participating private equity firms are in full compliance with the BVCA-backed Walker Guidelines, the first report shows. The guidelines were established in 2007 by David Walker. Participating private equity firms include The Blackstone Group, 3i and Kohlberg Kravis Roberts.
Twenty-five years after it spun out from 3i, Bernard Fairman's traditional 80s-style venture capital firm has been reincarnated as a forward-thinking, cleantech-focused, alternative asset manager
Private equity, real estate and infrastructure are the asset classes most likely to see increased allocations from LPs, according to a trio of recent studies.