Philippa Kent

The private equity industry is likely to see an increasing number of defaults over the coming months as the covid-19 crisis hits LPs. Lawyer Ed Hall lays out the next steps for GPs in this extract from The LPA Anatomised.

Mark-to-market’s first crisis, and why it matters; $2trn CARES Act may not include PE-back companies; Jeffries mourns the loss of its CFO.

Two European LPs have already defaulted on capital calls, and more are rumored, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.

Covid-19 coverage in one place; Europe Forum dates changed; More NAV considerations; Paul Hastings guidance on LP defaults; FCA filing extension (and SEC); New Jersey flexes its allocation rules; Europe’s Forum date moved; King & Spalding’s covid-19 global regulatory update tracker

Although public market volatility doesn't have to weigh heavily on companies' December NAVs, GPs ignore it at their peril.

How to mitigate the impact of covid-19 on portfolio companies; PE firms offer a helping hand with assistance funds and public donations.

Some things to look for when assessing your service providers’ strengths.

What to do about your December marks (and March); GP-leds must produce the goods.

Hark Capital's head of fund finance talks NAV lending; GPs plan early sub line repayments to deal with LP liquidity.

FINRA and the FCA are keeping an eye on cybersecurity in the wake of coronavirus.