Graham Bippart
The bank will focus on capital call lines and GP financing for mid-market funds with the hire of Olivia Deroy who had worked at First Republic.
Insurance companies are stepping in to fill a supply gap in fund finance, and one of the insurance worlds’ first movers in the market is looking to expand its fingerprint.
The appointment of Fi Dinh signals plans for further growth in the APAC region, including a potential increase in ESG-linked lines in the area.
The well-known face in secondaries fund finance is aiming to start the insurer’s origination business.
A provision of a bill in the US House of Representatives that further limits favourable tax treatment of carried interest could make continuation funds untenable, a panel has heard.
"Fund managers are becoming increasingly sophisticated users of GP capital, whether it's preferred equity or debt," said Tom Glover, BC Partners operating advisor.
The idea of having to foot a bill to the tune of millions of dollars to a loan secured by a fiction serves as a wakeup call to investors, lenders and GPs alike.
The organisation aims to cut down on the time, money and energy put into the NDA process.
Private funds that ignore the new SEC Rule 2a-5 do so at their own peril, says a Duff & Phelps valuations expert.
Can private equity be a force for good? Key leaders, including Verdun Perry, global head of Strategic Partners, discuss how to transform an industry and leverage its economic and social power to drive change.