Callan, a leading institutional investment consulting firm, announced the release of its Private Equity Fees and Terms Study today, which analyzes the fees and terms for 90 private equity partnerships to help institutional investors evaluate, and even negotiate, a...
Globally, private equity (“PE”) and venture capital (“VC”) funds ended April 2020 with a record $2.6 trillion in unspent capital at their disposal. With cash readily available, the ongoing coronavirus pandemic presents ample opportunities for well-managed PE and VC...
Retired DMV clerks, former firefighters and aging government bean-counters across California, put on your three piece suits: You might be getting into the banking business. The California Public Employees’ Retirement System, which manages a nearly $400 billion basket...
Deal-making and fundraising has frozen up across alternative asset classes — except that one. Private equity funds backed off from buying companies as the coronavirus pandemic shut down economies around the world, and investors likewise stopped allocating. Between...
As one GP told PitchBook, “You’d have to be an idiot not to sell at these prices.” Allocators may balk at the exorbitant fees they pay for private equity — but they’re also trying to get a piece of the action. Investors are plowing money into funds that buy stakes in... 