Tom Auchterlonie
The complexity of doing business means PE and VC firms are seeing rising legal costs, according to a survey from Apperio.
Industry players say the Inflation Reduction Act’s environmentally friendly energy breaks will drive investments and returns, especially for newer-vintage funds.
Our biennial survey looks at costs as the SEC mulls stricter oversight.
The service provider has named its first-ever operating and commercial chiefs.
Keeping legacy funds open can be a financial drag.
Winding up legacy funds and side pocket investment vehicles can improve performance and free up investment capital, outweighing the cost of fairness opinions, writes VRC valuations expert Chad Rucker.
The private equity firm is also adding top personnel positions.
The firm’s current operating chief will stick around as general counsel.
Tougher fundraising climate may spur GP tie-ups.
The hire is Advent’s second this month for a top role due to retirement.