The world of private equity investing continues to evolve, with private equity funds gaining in popularity as the favoured access point for institutional investors. To make the most of the opportunities available, it's critical for both general partners and limited partners to keep abreast of the developments and best practices in the area. Here are two recent articles from Mary Abbott, Partner in Osler's Private Equity Practice Group, offering some insights.
So you plan to raise a private equity fund in 2017? covers the top 10 takeaways from speakers at a recent Buyouts Insider event. The tips address the ways a GP can stand out in the crowded playing field and ensure its fund gets serious consideration, and includes everything from the importance of transparency in fees and expenses to developing a sharp and concise investment strategy with ample data to support all claims.
No longer meeting the hurdle examines Advent International's 2016 fundraising bid in which it successfully raised US$13 billion despite its fund not featuring the traditional "hurdle rate" or "preferred return." The article discusses whether the move away from hurdle rates is a trend in the industry in Canada and the United States or simply a new approach being tested by a select few global super-funds and U.S. venture funds.
Read the full articles on osler.com for all of the details.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
