Tom Auchterlonie
The firm believes in MillTechโs mission and commits $60m to help it with a North American expansion.
Debt instruments will eventually be offered to wealth customers for comparison alongside private fund stake sales.
Variable profit-sharing structures are designed to foster alignment between sponsors and secondaries buyers โ but an influential LP group voices caution in proceeding.
With Washingtonโs pressure on the industry eased, fund managers at the 23rd annual Private Funds CFO New York Forum were in a more optimistic frame of mind.
The new AI-powered offering reduces manual work and enables sponsors to view common investment exposure across multiple vehicles.
The reportโs findings show that sponsors are frustrated with information requirements and comparing lending term sheets.
The service providerโs latest acquisition strives to break down barriers between the front and back office.
The asset managerโs investment chief cites 'weird time arbitrage' that the practice causes for evergreen investors who buy into vehicles at similar points.
GPsโ marks feed into faster NAV setting โ and they are subject to legal obligations and distributorsโ oversight.
Professionals named to this yearโs list describe how they got to where they are โ and share advice on supporting the next generation.









