The long-standing fixture of the UK buyout landscape has told its new teams in Asia and Eastern Europe to either raise their own funds or face closure, as the firm seeks to slash costs.
Contestant: Tim Smith, CFO, Coversus Capital, Charlotte, North Carolina. How does an LP value its new stake in a fund to which it already has a commitment, and which was purchased on the secondary market? How does the secondary purchase impact the carrying value of the LP's original fund investment?
PEI Manager's 2009 Private Equity Finance & Operations Compensation Survey, the most authoritative benchmark for the compensation of private equity firm managers, yielded some particularly interesting results this year
Andrew Thornborrow, General Counsel, BlueRun Ventures, Menlo Park, California
A new alliance between Clifford Chance and top Indian law firm AZB comes as moves toward liberalisation of India's legal industry gain steam
Arcapita has a unique approach to wooing Middle Eastern investors – Sharia compliance, global exposure and a deal-by-deal syndication model. What's more, this structure avoids the “brain damage” of fundraising
US firms that live in fear of registering as an investment advisor may find that it's not as painful as they thought – provided they are well prepared for random audits
Before LPs begin questioning the amount of management fees they pay, GPs should be proactive in addressing their concerns
Firms are taking investor relations in a new high-tech direction due to increasing demand by LPs for more information
The private equity industry could yet be surprised by government efforts to oversee finance, says a legal expert
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: