There has been an 'explosion' in LP demands regarding compliance, according to attendees at Private Funds CFO Network’s European Forum earlier this month.
'Whenever you see the SEC taking action across rulemaking, exams and enforcement... it should be seen as a clear signal that this is a big focus for them, and you need to get your house in order...'
A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.
At a conference in Paris on Tuesday, ICG's global head of ESG and sustainability Elsa Palanza linked anti-ESG sentiment in certain US states to a 'language problem' in the sustainability industry.
Bold steps and fresh thinking are what’s needed to increase diversity in the private equity sector, says Nathalie Richards, chief exec of SEO London.
Large private markets firms Carlyle, KKR and Apollo are at pains to highlight the connection between ESG and financial performance in their annual sustainability reports.
Linking impact or ESG to financial incentives was a big topic at the Impact Investor Global Summit; it is an 'imperative for the industry' that requires investors and managers to adopt an experimental mindset.
The trade group has issued guidance to address concerns over conflicts and the speed of GP-led deals.
Some LPs have felt so frustrated at the way continuation fund processes have been run that they have decided not to re-up with their manager, representatives from the investor body told Secondaries Investor.
The trade group has opted for continuity after the post became vacant in June.