Fund Terms

Higher caps for borrowing limits and more flexibility on fund life extensions are among fund terms trends in a difficult fundraising market, according to Proskauer.

Some 38% of GPs offered early bird discounts on management fees in 2023, a marked increase from 18% the prior year, according to research from the law firm.

Will the Fed Chair's remarks impact private equity exits?

The tech companies’ partnership will give clients automated carry and waterfall calculations, as well as instant access to relevant data from fund documents for audits and more.

Service provider aims to speed up work on key fundraising stage with new feature.

North American managers are being drawn across the Atlantic, attracted by new structures and stable regulatory frameworks, according to Crestbridge’s group head of private equity, Alex Di Santo.

GPs acknowledge fundraising is difficult, but they have perhaps surprising lofty expectations for the near term

Such transactions can generate liquidity for LPs, validate a mark and allow a GP to retain control of a well-performing asset, says Todd Miller of W Capital Group.

In this first episode of our miniseries, Private Markets and the End of Cheap Money, we talk to dealmakers from Corsair, OEP, Vestar and more to hear how sponsors are coping with the higher price of 'L' in LBOs.

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