The National Treasury proposal to subject private equity (PE) firms that tap public funds (read pension schemes) to Capital Markets Authority (CMA) regulations, are welcome – if that’s what it takes to open up pension fund coffers. Otherwise, regulatory hurdles at...
As private equity investments become all the more commonplace in pension fund portfolios, is the asset class really worth it? According to a paper by Ludovic Phalippou, professor of financial economics at the University of Oxford’s Saïd Business School, private equity...
A fool and his money are soon parted… The apple doesn’t fall far from the tree… We’ve all heard truisms such as these — mental models based on shared experiences that are so widely accepted and so ingrained in our culture that challenging their validity...
Private equity firms Apollo Global Management and Silver Lake Partners rode to Expedia Group’s liquidity rescue in April with a deal to provide $3.2 billion in financing. As its bookings rebounded somewhat, Expedia was looking Tuesday to pay off these firms early, and...
A new survey by State Street Corporation reveals that the Covid-19 crisis has fuelled the appetite of insurers for alternative asset classes, particularly in private credit and private equity. In the short term, 33 per cent plan to increase their allocation to... 