New Leadership Agenda for Private Equity

New Leadership Agenda for Private Equity

Several factors could give the private equity industry a sky-high bounce. Private equity could grow by five times over the next decade. Big firms will get bigger and smaller firms will specialize. Firms will need to align with environment, social and governance...
Citi suspends senior bond trader over alleged theft from canteen

Citi suspends senior bond trader over alleged theft from canteen

Paras Shah was one of the highest-profile traders in Europe’s junk bond market Citigroup has suspended one of its most senior bond traders in London after the US investment bank accused him of stealing food from the office canteen. Paras Shah abruptly left his post...
Vanguard moves into private equity with HarbourVest partnership

Vanguard moves into private equity with HarbourVest partnership

Move raises prospect of rising fee pressure in most profitable arm of investment world Vanguard is moving into private equity, reflecting strong demand for the asset class and raising the possibility of rising fee pressure in the most profitable sector of the global...
Red Flags in Alluring Private Equity Track Records

Red Flags in Alluring Private Equity Track Records

How to parse skill from luck in the top (and bottom) quartiles. Past performance of private equity and venture capital managers can give investors a strong sign of how they’ll do in the future. But new research from alternatives firm Pantheon finds that future...