Fundraising

With a downturn in the financial markets, limited partners may now find themselves holding more chips at the bargaining table with regard to terms and conditions.

FRONTLINE 2008-10-01 Staff Writer BNP Paribas launches distressed finance team Paris-based BNP Paribas Corporate and Investment Banking has created a new distressed finance group (DFG), and has appointed Alain Dib as its global head. Dib will report to Frederic Janbon, global

The European Parliament's proposal to regulate private equity seems unlikely to change things much at all

LPs are getting choosier over terms and conditions

With $1.3 billion in total capital under management across investment funds in private equity, hedge funds, real estate and mezzanine capital at CITIC Capital Holdings, Eric Chan, the firm's chief financial officer, is a busy man. Chan, who joined CITIC Capital in early 2005 after working as an investment professional at the Government of Singapore Investment Corporation and International Finance Corporation in Singapore, speaks to Wanching Leong about building the fund administration team at CITIC Capital and the fast pace of life in Hong Kong.

Samuel Flax 2008-10-01 Staff Writer <b>CAREER PATH:</b><br />After graduating law school in the early 80s, Flax clerked for a federal judge and then moved at the Washington DC office of Morgan, Lewis & Bockius where he spent one year in energy law before switching to corporate law for a

A recipe for a first-time distressed fund operating on the smaller end of the middle market: a strong team, plenty of deal flow and evidence of true operating wherewithal. Having raised a $280 million fund, New York's Monomoy Capital Partners is finding this formula to be quite popular.

Most of today's private equity funds boast an eclectic mix of investors, many with their own unique needs. To accommodate them, side letters are often used – but experts suggest side letters be restricted to two issues: disclosure and investment restrictions.

Gregory Case has joined middle market-focused LLR, noting that as Apax moved more firmly into mega-market territory, the smaller tech deals he specialised in 'just weren't large enough anymore'.

The US firm is targeting $100m for its first Asian fund. Unlike other fund managers with grand expansion plans for Asia, Riverside is staying away from India and China.