ARC Research has revealed that the year 2023 ended with a strongly positive quarter for financial markets and thus, for the 12-month period as a whole, nominal returns for private client investors were a little above average.
Bucking the global trend away from impact startups, French business school EDHEC has partnered with private equity firm Ring Capital to drive capital towards entrepreneurial projects that drive social and environmental change.
Invest Europe has published its Pan-European Market Sentiment Survey 2023, conducted in partnership with global management consultancy firm, Arthur D. Little, focusing on the private equity industry.
EDHEC Business School and Ring Capital have announced the creation of GENERATIONS Powered by EDHEC, an impact seed fund for socially- and environmentally-responsible startups.
A BNP Paribas survey of 420 asset owners and managers, hedge funds and private equity firms shows that institutional investors are mobilising capital towards investments that will deliver measurable positive impacts alongside financial returns. Despite data constraints posing the biggest barrier to ESG integration, especially in tackling financial risks posed by climate change, institutional investors are nevertheless incorporating ESG, notably in their portfolio management and investment decisions.
When Odey Asset Management asked investors to support a move of its oldest fund to a rival firm amid sexual misconduct allegations against founder Crispin Odey, the financial world was reminded of the more salacious reasons an asset manager might embark on a restructuring.
Cerulli Associates’ Boston team writes that private debt has become an essential complement to private equity. Its rapid and continued growth demonstrates its appeal and value-add as a source of funding for issuers and yield for investors.
Goldman Sachs Asset Management has raised over USD200 million in its inaugural European Long Term Investment Fund, Private Markets ELTIF 2023.
Federated Hermes has announced the successful closure of its fifth flagship Private Equity Co-investment fund (PEC V LP, PEC V, or The Fund).
HarbourVest Partners, a global private markets investment specialist, has announced its partnership with AP7, a Swedish government pension fund, as a founder investor in a new private equity strategy. The USD835 million USD anchor investment was made in January 2023 in a new open-ended evergreen private equity solution designed for non-US institutional and High Net Worth (HNW) investors.
