Graham Bippart

Debt advisory firm Fund Finance Partners unveiled the first index of the buyouts NAV loan market.

Learning from the past is about asking the right questions. Whether the sub-line ABS heralds the second coming of the synthetic CDO and subsequent apocalypses isn’t one of them.

The industry group representing private equity LPs is readying guidance for NAV facility reporting, set to be released in April, and faces parsing the SEC’s Private Fund Adviser rules package without input from the regulator while the rules face litigation.

Investors are in for a long-overdue reunion with more pedestrian performance and other adverse outcomes of the evolving economic situation. The coming PE-induced financial crisis predicted by some is harder to see.

A House bill, as currently written, came as a surprise to the market, as other regulatory, inflation and competitive headwinds abound in private equity. But Fall Forum panelists kept their chins up about the future.

Colleagues and peers remember a man who nurtured a lasting, collaborative, knowledge-sharing culture in an intensely competitive industry.

The industry organization is circulating a draft proposal recommending a host of disclosures on GPs’ use of subscription credit lines, with an eye to helping LPs manage exposure to the lines, allocation to PE and overall liquidity.

Two European LPs have defaulted on capital calls, and more are rumored, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.

The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m