GPs looking to tap retail capital should develop a best-in class framework to address the operational challenges, according to Brian Hong, head of retail and regulatory services, Gen II Fund Services.
In the age of stingy capital and hyper-vigilant fund investors, tangling your LPs in webs of complexity might not be the smoothest move by a GP.
The firm believes in MillTech’s mission and commits $60m to help it with a North American expansion.
LP defaults on capital calls remain rare, but the pressure on investors is real. Here’s a practical look at the contractual realities, the options available to GPs and LPs, and why the playbook is evolving, from Alexander Branton, the CIO of Nodem Capital.
Variable profit-sharing structures are designed to foster alignment between sponsors and secondaries buyers – but an influential LP group voices caution in proceeding.
The asset manager’s investment chief cites 'weird time arbitrage' that the practice causes for evergreen investors who buy into vehicles at similar points.
GPs’ marks feed into faster NAV setting – and they are subject to legal obligations and distributors’ oversight.
With secondaries becoming a more popular pathway to exit, it’s key to acknowledge the complexity of valuations, according to Valuation Research Corporation’s Subu Parmeswaran.
Our 7th annual Fees & Expenses Survey, this year done in partnership with Troutman Pepper Locke and Withum, is open for responses
Private debt veteran had risen to CFO/CCO at Victory Park Capital