The new partner has worked with GPs and distributors, and is versed in vehicles from interval funds to BDCs.
California system with about $600bn had a streak of co-investments underperforming funds in most periods over several decades, according to PE head Anton Orlich.
The volume of state antitrust legislation is lower than last year (so far), but the intensity is much, much higher. Meanwhile, AIC staffs up for state lobbying, portco counsels are sweating and Keith Cassidy is no longer merely ‘acting’ exams overlord.
The new private market hires have experience spanning continuation vehicles, GP stakes and evergreens.
Private debt veteran had risen to CFO/CCO at Victory Park Capital
Accelerating GP demand for fund capital is at odds with today’s supply crunch, caused by widespread LP overallocation.
The SEC’s staff exodus may be a problem for managers, ILPA has problems with impact data, Vermont has problems with PE in healthcare and Brian Daly has a problem with you calling him a hippo.
The service provider’s new offering targets inbound requests to sponsors from various counterparties.
The announced FAQs offer new flexibility around net portfolio reporting and testimonials from those with SRO disciplinary histories.
An SS&C survey points to more frequent reporting and engagement as key drivers of progress