Dana Johns previously served as a senior portfolio manager on Maryland’s private equity team.
How managers navigated the past three years provides “an opportunity for investors to separate the top private equity firms more easily from the rest of the pack,” according to the system.
For GPs with funds in the market, any extended fundraising delay could cause headaches as they have deadlines to meet, deals to close and employees to pay.
Several deals across the mid-market have closed recently and market professionals see continued vibrancy at this smaller level of secondaries.
The long-awaited decision reflects the concerns of CIO Marcus Frampton about an overvalued PE market.
The manager looks to capitalize on shifts in asset management and related technologies.
A new report shows GPs and LPs have sharply different views as to the 'most pressing issues that GPs are currently facing.'
By rolling or converting their commitments, LPs would be able to continue to participate in the $26bn Tao, a unique investment vehicle in the alternative assets world.
The fund investing group within AlpInvest is small but influential as backing by the group is a big vote of confidence for a fundraising GP.
The promotions come as Lazard’s capital advisory group continues to expand. It has about 100 professionals in eight offices around the world with an expectation of continued growth.