Pandemic fails to shackle European alternatives as AUM reaches €2tn for first time
European alternatives funds have reached €2tn of assets under management for the first time despite a dampening of activity amid the coronavirus pandemic.
European alternatives funds have reached €2tn of assets under management for the first time despite a dampening of activity amid the coronavirus pandemic.
The EU’s Alternative Investment Fund Managers Directive (AIFMD) is up for review and the European Securities and Markets Authority (ESMA) has now issued an open letter about the key areas that may need some attention.
The $52.6bn-managing HSBC Global Asset Management has hit a $260m final close for its second annual Vision private equity fundraise.
Stafford Capital Partners has pulled in more than €150m for the first close of its fourth infrastructure secondaries fundraise.
The $431bn-managing Canada Pension Plan Investment Board is the latest major institutional investor to see its quarterly returns stutter amid the coronavirus pandemic.
Secondaries private equity fund managers have traditionally had a heavy focus on the North America market - but new fundraises are seeing the sector begin to spread its reach, the latest data from Preqin shows.
Secondaries private equity dealmaking fell off a cliff in the first half of the year as the coronavirus crisis saw deal value drop more than 56% compared to the same period in 2019, new research
Private equity major TPG has snapped up CPPIB's head of secondaries to launch its secondaries strategy in the US and Europe.
Secondaries-focused investor Pomona Capital is back in the fundraising market and is hoping to raise $2bn for its tenth flagship fund, coming two years after the close of its predecessor.
Blackstone's secondaries arm Strategic Partners has closed what is believed to be the world's biggest infrastructure secondaries fund on $3.75bn.
Blackstone, one of the biggest real estate private equity operators in the world, has hauled in $1.9bn for the final close of its latest secondaries fund dedicated to the asset class.
Private equity funds are being used for mass-scale money laundering according to the US Federal Bureau of Investigation, which said the industry lacks adequate money-laundering programmes.
The impact of the coronavirus crisis is likely to be felt around the world for years to come, with the economic aftermath potentially outstripping the 2008 financial crash. And that uncertainty over how the future
Stafford Capital Partners has hit a $532m interim close for its ninth fund targeting secondaries stakes in timberland funds.
Asset manager Unigestion has picked up more than €600m of new capital across interim closes for a pair of private equity fundraises.
Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.
The alternative assets industry is set for a swathe of staff continuing to work from home after the coronavirus lockdown ends, a new survey of managers within the industry reveals.
The vast majority of private equity LPs are seeing proactive engagement from GPs on the impact of the coronavirus crisis on their portfolios, new research shows.
Secondaries private equity specialist Whitehorse Liquidity Partners is reportedly already eyeing $3bn for a new fundraise - just a few months after closing its $2bn third fund.
