The distressed debt fund, raised about 10 years ago, was caught in Lehman Brothers’ collapse, which impacted its returns.
3 min read · 27 October 2015
Merely trading LP positions won’t address deep problems of funds that haven’t raised new capital for at least eight years, explains Joncarlo Mark, founder of Upwelling Capital Group.
3 min read · 21 October 2015
Changes to the types of investments the tax-advantageous vehicles can make in the UK will result in more firms restructuring assets into new funds.
2 min read · 20 October 2015
Speaking at a private equity conference in London, Adams Street Partners’ Pinal Nicum said there were three elements to executing a successful restructurings deal.
2 min read · 13 October 2015
Stapled deals and restructurings can fall through for many reasons, but it’s often related to pricing that’s too low and LPs who don’t feel the need to sell.
4 min read · 09 October 2015
As restructurings and stapled deals become more mainstream, very large funds and Asian funds will provide more deal flow for such transactions, according to speakers at the British Private Equity and Venture Capital Association Summit 2015 in London on Thursday.
1 min read · 08 October 2015
The New York-based private equity real estate firm has acquired the bulk of the assets in a 2007-vintage vehicle.
3 min read · 02 October 2015
At least seven private equity firms have backed Core’s latest fund, with some of the fresh capital raised being used to buy out stakes from its previous fund.
3 min read · 16 September 2015
Jeremy Coller also expects transaction volume to be increasingly fuelled by more complex transactions such as GP-led restructurings, according to comments in a UK filing.
2 min read · 14 September 2015
Increased competition, speedier transactions and market maturation are among the factors impacting fees advisors earn when brokering fund stake sales.
3 min read · 11 September 2015