Jennifer Banzaca
The risks of using generative AI may be too costly for PE firms, law firm Debevoise & Plimpton said.
The growth comes despite a decline in capital from traditional sources for closed-end funds, according to a new report from McKinsey.
Today’s GPs are revamping their sustainability programs away from broad mandates and toward tailored initiatives that drive value creation and mitigate risk.
The law firm has hired a Kirkland & Ellis partner to bolster its fund formation capabilities.
The new partner joins the law firm’s private fund practice in Washington, DC.
The law firm added a fund formation specialist to its private funds and investment practice.
The law firm has rehired a former special counsel as it continues to build out its private equity and investment funds practice.
Private equity firms are placing cybersecurity providers on retainer to shrink incident response times.
According to the survey, managers are using more flexible investment models to meet LP demands for greater transparency and control.
The fund administrator’s report finds plenty of retail appetite for private funds, in the pursuit of diversification, risk management and higher returns.