Sustainability is turning into a numbers game and moving into the finance chief’s wheelhouse, write Toby Mitchenall, Brian Bonilla, Philippa Kent and Connor Hussey.
A hello from the new editor. Plus, the CFO of Cloverlay on developing its ESG policy; getting caught in the revolving door; LPs’ surging need for liquidity; and an update on our directory of secondaries law firms.
ILPA’s Jennifer Choi discusses what GPs should be doing with their ESG data.
Daniele Gatti, CFO at Ambienta, shares his insight on ESG reporting at a firm focused on positive environmental impact.
ILPA's Jennifer Choi shares some insight into carried interest from an LP perspective in this extract from The Definitive Guide to Carried Interest.
ILPA’s bid to shed more light on fund terms won’t be adopted overnight.
The LP-friendly limited partnership agreement is intended to cut down the need for negotiation and side letters when establishing a private equity fund.
Some LPs envision a world in which sustainability goals are linked to carried interest, they said at an event in London.
A tiny proportion of EQT's €40bn AUM is paying carried interest, but the listed firm forecasts a significant increase for that figure in the medium term.
1. Fund restructuring How does it work In a fund restructuring, also called fund recapitalization, the GP moves assets in an older fund into a new special purpose vehicle. The GP offers its LPs the possibility to sell their interests in the fund and cash out or have the option to roll over into the […]