private equity

Private market managers aren’t entirely insulated against falls in the public markets, which have resulted in diminished fundraising activity. But private assets aren’t going to stop outperforming anytime soon.

Institutional investors using private equity for diversification are just “doubling up on their main bet”, according to Capital Fund Management, and true diversification will only come through strategies that have fallen out of favour in the last decade.

The only reason private equity hasn’t suffered as much in this downturn is the discretion that sponsors have over its valuation. That’s going to change – and so is investors’ willingness to believe the impossible.

Canva was the poster child on the way up, and it’s the poster child on the way down. PE might get harder from here, but for Australia’s biggest investors it’s almost always worth it.

Asset owners haven’t been challenged with a sustained crisis in nearly 20 years, and it’s possible they’ll get one just as they make the jump into markets they’re unfamiliar with. Governance will be key. As inflation climbs and market volatility increases, Rich Nuzum, president of Mercer’s investments and retirements business, says that asset owners need…

The money that industry super funds are spending on buying renewables would be better spent building them, according to Quinbrook. But there’s plenty of challengers for that view. The fresh interest in renewable infrastructure from industry funds has come with plenty of caveats. One of the major problems is finding investment opportunities at scale, while…

Asia and Australia are outstripping most of the rest of the world for growth in private capital raisings. But private equity managers, especially big buyout firms, are finding deals to be slow to bring to fruition. In its first special report on alternatives in the Asia Pacific region, Preqin provides more detailed analysis of private…

The next iteration for the private equity sector, long-time best performer among alternatives, is for general partners to combine the operations of their portfolio companies to boost flagging returns. Karim Khairallah, a senior managing director and co-portfolio manager at Oaktree Capital in London, and François Mann Quirici, a founding partner at Nexus Associates, also in London,…

Private capital has shot away from the rest of the alternatives sector in the past few years and did well enough during the worst of the pandemic to support long-term growth predictions. A webinar organised by the Australian Investment Council, in association with researcher Preqin, last week (June 10) provided some colour around the annual…

Schroders has united its alternatives capabilities under a new global structure, Schroders Capital, which now speaks for US$66 billion (A$85 billion) in listed and unlisted assets. The brand and management reporting lines were announced last week (June 7) in London. While the details probably mean more for the staff than clients, it is a further…