The private equity industry is likely to see an increasing number of defaults over the coming months as the covid-19 crisis hits LPs. Lawyer Ed Hall lays out the next steps for GPs in this extract from The LPA Anatomised.
Although public market volatility doesn't have to weigh heavily on companies' December NAVs, GPs ignore it at their peril.
LPs are encouraging managers to discuss coronavirus over the phone as formal reporting has been limited by the speed at which the pandemic is escalating.
CFOs are largely planning on leaving their 12/31 marks untouched; Duff & Phelps warns that now is not the time to diverge from your established valuations practices.
Global impact PE firm Bamboo has made major strides in its program in recent months. Two of its executives tell Private Funds CFO about operating an impact fund, the firm’s new initiatives, and how it handles impact reporting.
As the European Commission seeks to update AIFMD, Cyril Demaria of Wellershoff & Partners urges the sector to come up with counter-proposals for the sake of the industry and economic growth.
One ‘second IRR’ to rule them all?; The secondaries market is feeling pretty full; important nota bene.
The tech provider completed its Series A round of financing with strategic partners that include Hamilton Lane and Nasdaq Ventures, as the firm looks to scale.
When an IRR has been inflated by subscription lines of credit, does the fund manager need to present a second figure to investors?
Managers often complain that LPs ask for data but don’t do anything with it; investors say this is not the case.