Fundraising

If the SEC’s ban on placement agents is enacted, small and mid-sized private equity funds may need to bring IR staff in-house. But they’ll also need to avoid triggers that would force their firm to register as a broker-dealer.

After his very public departure from Alchemy Partners, Jon Moulton has set up turnaround-focused Better Capital right on his old firm’s doorstep.

The private equity firm – which is focused on Asia, Africa and Latin America – has hired Gustavo Eiben to oversee relations with the firm’s expanding investor base in the region.

The situation at PAI does not signify wider large cap woes, writes Toby Mitchenall.

Lionel Pincus, who died this week aged 78, built Warburg Pincus into one of the most successful private equity firms in the world. But he also helped engineer what remains one of the only successful generational transitions in the brief history of this asset class. Private Equity Manager told the story of this transition in its debut issue in July 2004. We reprint it here in its entirety.

Arun Sarin, former chief of Accel-KKR Telecom, has returned to work for the publicly traded asset management firm.

Some GPs are still greatly prized by investors, while expectation of out-performance in the coming years is high – despite the pain being felt in the present. Through discussions with leading alternative asset groups in and around Switzerland's financial capital, Andy Thomson takes the temperature of the private equity market

Going public requires significant investment in your finance, admin, and IR teams, as KKR’s preparations for its public listing show, writes Jennifer Harris.

The Dutch infrastructure manger held a second close in August on Dutch Infrastructure II after collecting €220m and is looking to hold the third close by the end of October. New investors include Dutch life insurer Achmea and Swiss alternative asset manager Partners Group.

Songbird Estates, the London office company in which Morgan Stanley Real Estate has a stake, has announced a major fundraising to help pay back a loan.