Private Equity

“Giants at the Gate” not so tough after all

Feb 1st, 2011 | Filed under: Private Equity, Today's Post

After last week's mega-deal, private equity firm Carlyle Group solidified its position as the world's most formidable barbarian at the gates of the world's private companies. But does heft equal returns?


Elephantine sovereign wealth funds trying to fly “below the radar”

Jan 31st, 2011 | Filed under: Private Equity, Today's Post

Sovereign Wealth Funds are some of the biggest behemoths around. So why would they ever think they could move around undetected?


Unique research study reveals private equity managers’ actual “skin in the game”

Jan 27th, 2011 | Filed under: Academic Research, Private Equity, Today's Post

One of the world's largest institutional investors in private equity funds recently invited academics to study it's decades' worth of secret fund data. What those researchers found might surprise you.


Facebook 50 billion valuation, Volcker, shine spotlight on secondary private equity markets

Jan 18th, 2011 | Filed under: Private Equity, Today's Post

Without liquid markets, private equity values are nearly always marked to model. But that may be changing...


At last! Private equity distributions finally looking up.

Dec 19th, 2010 | Filed under: Private Equity, Today's Post

Private equity investors have been a patient lot, and now that patience may finally begin to pay off.


Too many debt-fuelled sugar rushes leading to health problems for private equity

Sep 22nd, 2010 | Filed under: Private Equity, Today's Post

A recent academic study confirms the prevailing wisdom that cheap debt provided private equity funds with a sugar rush that is now beginning to wear off.


Private Equity As Victim: Leverage takes back seat to value creation

Sep 1st, 2010 | Filed under: Private Equity, Today's Post

A couple of recent studies find that leverage isn't the secret weapon it's sometimes made out to be for private equity funds.


Under the hood: Ground breaking private equity study examines actual investments, not just funds

Aug 30th, 2010 | Filed under: Academic Research, Private Equity, Today's Post

A lot has been said about the liquidity of private equity funds. But what about the liquidity of the individual private investments held by PE investors (both funds and direct investors)?


Of classic cars, fine wines and vintage infrastructure funds

Aug 9th, 2010 | Filed under: Private Equity, Today's Post

With age comes benefits, especially for infrastructure funds, according to a recent report that focuses on "vintage" funds and their longer-term performance.


Grey skies are gonna clear up – for private equity

Aug 1st, 2010 | Filed under: Private Equity, Today's Post

Grey skies are going to clear up, put on happy smile... for private equity, a new report says. But some private equity managers are still humming "Stormy Weather"...


Is venture capital really “broken”?

Jul 29th, 2010 | Filed under: Private Equity, Today's Post

If it ain't broke, do you try to fix it anyway?


Study reveals Achilles heel of mega private equity funds

Jul 19th, 2010 | Filed under: Private Equity, Today's Post

Big is apparently not always best in private equity.


Research suggests PE firms benefit significantly from the “2” in “2 and 20”

Jun 27th, 2010 | Filed under: Private Equity, Today's Post

Back in the old days, private equity managers got rich on their carried interest. Well not any more...


VC Industry to Congress: “Don’t tax me bro!”

Jun 15th, 2010 | Filed under: Private Equity, Today's Post

The venture capital community says it's a "critical" service that supports job growth and therefore should not succumb to new taxes on many alternative investments. But will Congress buy it?


Study finds private equity differs markedly across Asia

May 13th, 2010 | Filed under: Academic Research, Private Equity, Today's Post

If market inefficiencies beget alpha, then is it any surprise emerging market private equity is attracting so much capital?


Bain & Co.: Private equity downturn “rearranged established rules, reset expectations and planted the seeds of PE’s next phase”

Apr 18th, 2010 | Filed under: Private Equity, Today's Post

A new report from consultancy Bain & Co., reminds us that private equity is notoriously cyclical. The question now is "What new direction will the industry take this time around?"


Family offices taking a shine to private equity: report

Mar 29th, 2010 | Filed under: Private Equity, Today's Post

Family offices have long been enamored with alternative investment managers. A new survey suggests private equity funds may be next in line.


Hedge funds’ poorer cousins are finally, maybe, starting to catch up

Mar 25th, 2010 | Filed under: Private Equity, Today's Post

Private equity is unfortunately living up to its reputation as the poor cousin of hedge funds, but things are slowly beginning to turn around, according to a recent report.


Study: Private equity managers’ incentives may be twice as high a previously thought

Mar 17th, 2010 | Filed under: Academic Research, Private Equity, Today's Post

Ever noticed that the marketers of alternative investments are just as excited about good returns as the portfolio managers - even though they may not share in any performance fee?


Private equity found not to contribute to boom & bust after all

Mar 3rd, 2010 | Filed under: Academic Research, Private Equity, Today's Post

Private equity has been at the center of rancorous social and political debates over the past few years. But a recent report on the industry suggests that PE actually does provide tangible benefits.


How a bright idea 60 years ago laid the groundwork for hedge fund ETFs

Feb 2nd, 2010 | Filed under: Academic Research, Private Equity, Today's Post

A new study sheds light on listed private equity funds.


A Golden Age for “pre-owned” investments?

Jan 10th, 2010 | Filed under: Private Equity, Today's Post

As car shoppers know, you can save yourself a fortune by picking up a gently-used model. According to some, now is a perfect time to apply this axiom to private equity.


Once bitten, twice shy: Caution reigns for private equity investors

Jan 6th, 2010 | Filed under: Private Equity, Today's Post

Like everyone, private equity investors have been bitten over the past two years. And like everyone, they now seem to be a little more cautious.


Are private equity managers being asked to play poker with their cards facing up?

Dec 13th, 2009 | Filed under: Private Equity, Today's Post

A recent survey suggests that private equity investors may now want to see all the cards in their managers' hands - before those managers start to make bets.