Fundraising & Structuring

According to Proskauer’s latest fundraising terms and trends report, the cost of raising a fund is increasing. There are a few culprits behind this pattern.

GPs tend to like externally set pricing as it represents a market-based mark.

What was an exception is now mainstream, with buyers using leverage as bridging finance and to boost returns, according to Investec.

Any attempts to streamline the GP-led process should provide guardrails, write Maurice Gindi, Kenneth Blazejewski and Sophie Smith from law firm Cleary Gottlieb.

While initial secondaries volume estimates point to a record first half, expectations for full-year 2022 may have to be revised downward.

'Super carry' provisions letting GPs keep more than the traditional 20% help boost larger funds' profit-sharing proportions.

The former Kirkland & Ellis partner joins two other recent hires in Latham's private equity practice.

Family offices, endowments also plan on increasing private equity allocations this year.

LP skepticism, co-investor grievances and a disregard for fairness opinions were some of the secondaries-related themes to emerge at last week’s CFO’s and COO’s Forum in New York.

More non-EU alternative investment fund managers are choosing Jersey private placements rather than access EU investors via AIFMD passports.