Toby Mitchenall
Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
One of the fastest growing niches of the secondaries market is capital constrained; someone should take advantage.
The LP-friendly limited partnership agreement is intended to cut down the need for negotiation and side letters when establishing a private equity fund.
Once associated with problem funds, GP-led processes are now part of the smart manager’s tool kit. Should you be doing one, and if so, how?
Note to sellers: A portfolio containing managers with robust ESG policies is a more enticing proposition.
Axing carry and management fees for certain investors is a neat way of giving back.
Concerns from a sophisticated institutional investor should be heeded… to a point.
For all the debate it provokes, the conventional hurdle rate has remained stubbornly untouched since the ’80s.
The industry body is working to educate its members about potential conflicts in such transactions, says chief executive Steven Nelson.
Why it can be problematic to connect a GP-led secondaries deal to a primary fundraising.
The firm used a stapled deal to 'push forward' fundraising on its $800m Asian mid-market fund, which closed on Wednesday.