It is said that hindsight is 20/20. Wouldn’t it be great if one could look back at a private equity portfolio and have the chance to double down on the good investments and undo the bad ones? Click here for complete article.
According to Buyouts Insider, one issue that has haunted emerging managers trying to convince LPs to open their wallets -- how well do these early funds perform and is it worth the risk? Preqin has an answer: It reviewed a sample set that spans 13 vintage years from 2000 to 2012, and found that 2004 is the only year in which non-first time funds outperformed first-time funds. The 2012 median net internal rate of return hovered around 24 percent for first-time funds, and around 11 to 12 percent for non-first time funds, the private equity data provider said in a recent report. This should be good news for LPs who are looking for some alternative to the more established firms that don't necess
According to a recent PEI online exit poll, the respondants, including GPs, LPs, and other industry participants, leaned heavily towards Democratic nominee Hillary Clinton, who won 77 percent of the votes, versus 15 percent for her Republican rival, Donald Trump. For details, including a summary of the potential policy impact on the PE industry, please click here: https://www.privateequityinternational.com/news/global/2016-11-08/pe-industry-feeling-blue-in-election/#sthash.kHwoMYwr.dpuf
An excellent special issue sponsored by IL&FS, India's leading infrastructure private equity manager on the up-and-coming private debt sector in the country. 5Capital is now advising IL&FS on the international fundraising of their private debt strategies.