Fund Administration

Covid-19 could spark a fresh wave of outsourcing that sees little but fundraising and investment left in house.

From accelerated tech adoption to an upswing in outsourcing, here are the fund administration themes making a mark in 2020.

The crisis is presenting a variety of challenges for private equity, but fund administrators are quickly pivoting to the new business as usual.

Conversations have started up on possible deals over the next few weeks and months as the lockdown eases.

Firms including Apollo Global Management and KKR are facing potential clawback issues due to covid-19-induced writedowns. What are the implications for GPs and LPs when it comes to sponsors having to pay back carry?

The investment giant categorised about 30% of its $80.4bn PE portfolio as highly impacted by the coronavirus pandemic, which drove most of the quarter’s depreciation.

Access to incremental debt capital can support follow-on investments in existing portfolio companies to preserve or enhance fund NAV, writes David Philipp of Crestline Investors.

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.

ESG investing is on the up, according to Bain & Co; PEF releases white paper on fund administration tech

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.