Secondaries

Cindy Ma, managing director of Houlihan Lokey, discuses how to analyse investment of cash resources in auction-rate securities.

After nearly 20 years investing on both sides of the Canadian border, CAI is prepping its next generation of leaders

The European Parliament's proposal to regulate private equity seems unlikely to change things much at all

With Euronext winning listings from private equity and hedge funds, the London Stock Exchange has introduced the Specialist Fund Market, a lightly regulated option to its rival's offering.

Two sovereign wealth funds and one Japanese financial services firm are in negotiations to take a 10 percent stake in the UK-based private equity firm, in a move that could value the company at around £1.5bn.

Climate change is already a pressing issue on the minds of policymakers, but the business community would do well to consider how climate change affects their models and growth plans as well. Jennifer Harris recently spoke with Gwen Ruta of Environmental Defense Fund about the importance of taking environmental issues into account during the due diligence process. Ruta works with EDF's corporate partners to improve the environmental efficiency of their operations. Last year, EDF worked with Kohlberg Kravis Roberts and TPG to draw up a plan for cleaning up portfolio company, power provider TXU. EDF is currently working with KKR on its Green Portfolio initiative, a partnership to help the buyout firm improve the environmental performance of its portfolio companies

The quoted fund of funds, backed by Bank of America and Oak Hill, has engaged ABN AMRO to issue a continuous quote on its shares. It is the second time the bank has provided the Euronext-traded fund with liquidity.

Two decades after it laid the foundations for the private equity secondary market, Paul Capital continues to innovate.

Partners Tim Clark and Loretta Shaw-Lorello are the first of seven PE specialists on their way over from O'Melveny & Meyers.

Born of a major secondary deal with Lucent, New Venture Partners' deal team now spend their days combing through the R&D labs of British Telecom and Royal Philips Electronics, among others, looking for hidden – and potentially profitable – gems.