The move to virtual was in many ways welcomed by finance and accounting professionals, said panelists at sessions of the Private Equity International CFOs & COOs Forum on Wednesday.
The growth of secondaries and the realities of the market amid the pandemic have forced more flexibility into the classic PE fund model, according to a survey by Paul, Weiss, Rifkind, Wharton & Garrison.
Our Research & Analytics team surveyed 95 private fund leaders in February and March to find out how they are approaching the post-covid strategic challenges.
The trend toward outsourcing is accelerating as managers focus on generating alpha for LPs, say MUFG Investor Services head of product development Mike Dickey and global head of business development Joseph Latini.