Performance analytics all PE firms should have
MJ Hudson recently acquired Oliver Gottschalg’s fund performance analytics firm PERACS. You can read more about it here. To be blunt, Oliver’s work is damn impressive. It is the first time I have encountered someone that can distil alpha down into something a lot more useful and understandable. He takes out the market bias, the…
Feeling insecure? Leverage in PE secondaries deals
The use of leverage in private equity secondaries has its advantages, but also raises issues around the form of security in respect of such financings that both purchasers and sellers should be aware of. Feeling insecure? Leverage in PE secondaries deal The use of leverage in private equity secondaries transactions is not new. As the…