Gregg Gethard
The system’s positive returns reflect the benefits of well-diversified, mature portfolios.
The agency said Monroe Capital failed to tell its LPACs about conflicts of interest with three connected SPACs.
The FTC’s proposed changes to pre-merger filing requirements would mandate the disclosure of certain LPs and may add significant costs to returns.
The system pioneered the master custodial account structure in 2012.
The system’s PE distributions and contributions have dropped dramatically over the past year.
The system earlier this year increased its target allocation to private equity.
'If LPs are not there to provide capital, GPs need to slow down their pace of deployment and potentially pass on more deals,' Eneasz Kadziela told Buyouts.
A proposed commitment to Insight’s 13th flagship fund has been mired in controversy.
Several large institutional investors could help inject available capital to a PE environment marked by overallocations and a slowed exit market.
The sovereign wealth fund is the latest institutional investor that could inject liquidity into the starved PE marketplace.