Alexander Stacy, co-founder and partner at Hudson Hill Capital, writes that over the past year, the largest publicly traded private equity firms experienced stock price declines of as much as 75 per cent, a clear signal that the era of financially engineered returns is over.
Joe Channer, CEO of Delta Capita, writes that, for years, fintech thrived on a simple assumption that cheap money would remain abundant long enough for scale to solve everything else.
Proskauer’s Edward Lister, special regulatory counsel and a member of the Private Equity Transactions and Mergers & Acquisitions Groups, and John Verwey Regulatory partner and a member of the Firm’s Private Capital industry group, explain the EU and UK insurance regulation impacting insurers’ investment activity, and provide fund sponsors with practical guidance on how they can avoid being subject to onerous contractual obligations.
Renown Capital, a new growth equity firm with Moore Capital pedigree, has stepped out to specialise in investing in technological solutions for the energy sector. James McIntyre and Archie Soames are the firm’s co-founders.
Cyrille Nkontchou, Managing Partner and Co-Founder, Enko Capital, writes that African businesses face an enormous funding gap between the amount of capital they need to grow and the amount of loans that are provided by local banks.
HarbourVest Partners has announced the launch of an Evergreen Secondaries Solution.
Until comparatively recently, the opportunity to take advantage of private equity structures was confined to larger institutional investors, with the early front-runners, at least in the US, composed primarily of Ivy League College endowments.
S&P Dow Jones Indices has announced plans to expand its work in the private markets sector with the launch of the S&P Private Equity 50 Indices in collaboration with NewVest, a private markets index manager.
HSBC Asset Management (HSBC AM) has launched its first evergreen strategy, Horizon Private Equity (‘Horizon’), designed to expand access to private equity opportunities for a wider range of investors.
Following regulatory approval last November, Franklin Templeton has announced the launch of the Franklin Lexington PE Secondaries Fund (FLEX-I), a sub-fund of the Luxembourg-domiciled Franklin Lexington Private Markets Fund SICAV SA range, which comes to market with over USD875 million in assets under management from a diversified investor base internationally across APAC, EMEA, Canada and Latin America.
