Carmela Mendoza
Talent outflows are putting LPs in a difficult position at a time when having a sufficient number of experienced staff has become more important than ever.
First-time fund managers are set to have an even tougher time on the fundraising trail amid the pandemic, but there could be opportunities for those raising capital on a deal-by-deal basis.
With Blackstone’s stake in BC Partners the latest deal in an expanding market of GP stakes, PERE sister publication PEI looks at which firms have been on the acquisition trail.
We don’t often see managers buying placement agents, but in this instance the rationale is clear.
The transaction is part of the Bahrain-listed firm’s expansion and global growth plan to boost its AUM to $50bn.
The Hong Kong Monetary Authority, the city-state’s central banking authority, attributes positive returns to short-term market volatility, but warns of increasing competition among LPs for good quality alternatives assets.
The Austin-based pension fund is seeking better regional coverage of Asia and Australia.
Japan Post Bank chief investment officer Katsunori Sago, the man behind the $1.9trn investor’s push into alternatives, is stepping down this month after three years at the helm.
The $1.9trn Japanese investor is expanding its exposure to alternatives investments, with the largest allocation going to real estate.
The world’s largest pension fund has hired Sony Computer Science Laboratories to look into incorporating artificial intelligence in its investment operations.