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PE rethinks NAV loans as investors push back

Private Equity Wire

Buyout firms have long relied on controversial loans backed by equity stakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. Many firms borrowed against their portfolio companies to sustain the private market boom while dealmaking dwindled.

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Affiliates of Paceline Equity Partners Acquire Full-Service Renaissance Dallas at Plano Legacy West

Private Equity Insights

Affiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, today announced that they have acquired the Renaissance Dallas at Plano Legacy West Hotel, a full-service, upscale hotel located in the Legacy West development in Dallas, TX. Source: Business Wire Can’t stop reading?

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Private Equity Wire US Awards 2024 winners announced

Private Equity Wire

Pre-selection data for the awards is provided by multiple data sources, based on annualised returns over the 12 months from 1 April – 31 March, 2024.

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Private equity’s cash flow woes create fundraising challenges for hedge funds

Private Equity Wire

Private equity distributions have gone down, the IPO market has been very thin, and M&A has been held back,” said Nick Moakes, chief investment officer of the £36.8bn Wellcome Trust. “If

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OMERS to Stop Making Direct Private Equity Investments in Europe

Pension Pulse

billion) private equity portfolio will be split, with Michael Block leading the global funds strategy, while Eric Haley continues to oversee the North American buyout program. This new strategy will complement, rather than compete with, our buyout strategy, ensuring a diversified investment approach,” the spokesperson said. “A

Buyout 59
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CDPQ to Pump $11.2 Billion Into European Private Markets

Pension Pulse

Invest in Europe 's “ Investing in Europe: Private Equity Activity 2022 ” research has shown that 801 European private equity, venture capital, and growth funds raised 30% more in 2022 compared to 2021 (€170 billion in 2022 compared to €131 billion achieved in 2021).

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BCI's Jim Pittman on Staying Liquid, Focused and Agile in Private Equity

Pension Pulse

It is gearing up to do something similar in Europe this year, affiliate title Buyouts reported in January. It’s hard to buy because debt is expensive and lower quantum so it makes the LBO model much tighter. It forces GPS with money to focus on growth assets that don’t need as much debt or can’t support it.