Fundraising

Cutting a special deal with one of your LPs can create conflict with the rest of your investors. Know what you're getting into before giving anyone preference

Salaries at private equity firms are holding steady or rising, although bonuses look set to fall

Moelis Capital Partners also participated in financing the launch of mid-market healthcare industry lender MidCap Financial, which is led by the former Merrill Lynch Capital Healthcare Finance team.

The New York-based mid-market buyout firm has acquired two hospital laundry companies to form Healthcare Laundry Systems in a ‘conservatively financed transaction’ that was more than a year in the making.

The world's largest private manager of infrastructure assets also saw its fiscal 2009 half-year profit plummet 43% to A$604m. Its unlisted funds continued to post strong base and performance fees, while listed funds did not.

The European Union-focused infrastructure fund is expected to hold a second close early next year. DIF’s first infrastructure fund, DIF PPP, is now almost fully invested and its renewable energy fund is expected to be fully invested by the first quarter of 2009.

Many GPs are finding it necessary to go on longer road shows in the current market, but they should be careful in seeking extensions from LPs

After the tech bubble burst in 2000, venture funds shrank dramatically, and so did their management companies. Buyout firms may now have to take a page out of the VC playbook as many follow-on funds shrink in size. One move - reducing the partner roster

Energy Investors Fund is building its team amid recent growth in its assets under management

What will the credit crisis mean for GPs in terms of budgeting and management?