Carmela Mendoza
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?
LPs will consider the amount of capital raised and deployed, and whether any investments are already underwater when granting GPs more time to raise funds during the coronavirus crisis.
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.
The firm’s co-chief executives and board of directors have pledged 100% of their base salaries over the next six months to support portfolio companies.
We look at just some of the ways private equity firms are helping portfolio companies and wider society as the industry grapples with the coronavirus-led business slowdown.
The firm ended last year with €533m in cash, no structural debt and €3.8bn in dry powder.
PE returns lag behind US stocks and firms use higher levels of debt to finance ever-expensive purchases, according to latest reports from Bain and McKinsey.
Eurazeo chief executive Virginie Morgon says the private equity industry has 'enormous responsibility' to address inequality and the consequences of climate change.
The firm's private equity activity in Q4 was mostly in Europe and Asia, totaling a little less than half of $4bn of total investments.
From spreading the wealth to dealing with Brexit, here are four themes expected to shape the dialogue between the private equity industry and European governments this year.
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