Home Waterfall

waterfall

Balance, Teamwork, random shapes
Whether it’s tenders, intervals, evergreens or hybrids, the private funds industry is seeing a re-emergence of novel fund structures. We spoke to managers and service providers trying to tap a growing base of investors.
Growth in separate accounts and retail evergreen products means the investment firm’s carry mix will change, its vice-chairman said on its latest earnings call.
The firm announced the acquisition of Investors Economic Assurance. It is the fund administrator’s third US-based acquisition in six months.
Todd Boudreau argues that ILPA’s model LPAs can give emerging managers an edge in a highly competitive market, helping to attract new relationships and reduce the costs and complexities of negotiation.
The organization hopes to spark debate with its new deal-by-deal model LPA, which incorporates recent changes to its whole-of-fund model LPA. Private Funds CFO spoke with some of the people who developed it ahead of the LPA’s release.
In light of the pandemic, private fund managers should analyze their portfolios for potential clawback obligations and plan how to mitigate them if they arise.
The right co-investment strategy helps keep team members motivated, writes the head of executive compensation at Investcorp, Dominic Elias.
Dividing the rewards in a way that keeps everyone happy is no easy task, writes private equity recruiter Gail McManus.
Seth Berger, chief financial officer at AEW Capital Management, on transitioning to an automated system for carry and co-invest plans.
pfcfo
pfcfo

Copyright PEI Media

Not for publication, email or dissemination