Fundraising

Considerations and deal terms for private equity fund managers negotiating seed investments or joint ventures. By Blayne Grady counsel for Akin Gump Strauss Hauer & Feld

The fragile nature of the relationship between firms and public pensions was highlighted recently by two events - an SEC ban on unregistered placement agents, and a controversial speech given by a Blackstone executive. Christopher Witkowsky explores.

Executives with Atlantic-Pacific Capital, including CFO Anthony Bossone, discuss the SEC's ban on unregistered placement agents.

The threat presented by Solvency II should not be underestimated.

Investment decisions require ongoing due diligence. By Yuliya Oryol at Nossaman and Jeremy Wolfson, CIO of Los Angeles Water and Power Employees’ Retirement Plan

In the wake of the financial crisis, the private equity industry is undergoing tentative recovery and the initial phases of structural evolution. In this environment, limited partners are demanding new transparency, robust systems and scalable global solutions. Third-party administrators will play a critical role.By George Sullivan and Iain Stokes of State Street

GPs will need to go further to raise funds, and in an environment characterised by lower fees

Margot Wirth, head of private equity for the $133bn pension, sees a shift away from totally ‘blind trust arrangements’.

GPs under pressure to deploy capital are easy prey for asset-touting M&A bankers, writes Philip Borel.

A San Diego pension recently committed to the fund after negotiating carried interest down to 15% from 20%. Highland is raising the fund in partnership with investment firm PetroCap.