Advanced Search

v2.0



Anatomy of a default

Jon Whiteaker dissects a hypothetical default scenario for a NAV loan to challenge common criticisms surrounding the use of the debt product

Latest news & insights

Lincoln International acquires TCG

Acquisition to double Lincoln’s European team as well as adding leadership and vertical specialisations

Fundcraft closes on €11m Series A

Company raises €6m in addition to the €5m it raised earlier this year

In Conversation: Maintaining operations during diversification

What foundations do GPs need in place to ensure that they maintain operational excellence while embarking on diversification and scaling up?

Column: Thinking fast and slow

Cressida Hamilton, executive coach at Chryse Coaching, advises on how GPs can develop long-term operational resilience

Alkymi launches fund tracking tool

The company adds automated tracking of fund and portfolio data to its platform

Allvue Systems launches Fund Administration Essentials

The product provides solutions for new fund administrators



Analysis

Anatomy of a default

Jon Whiteaker dissects a hypothetical default scenario for a NAV loan to challenge common criticisms surrounding the use of the debt product

Column: Thinking fast and slow

Cressida Hamilton, executive coach at Chryse Coaching, advises on how GPs can develop long-term operational resilience

The crowd goes mild – PE reacts to UK tax tweaks

A more modest hike than some feared, coupled with a deferred decision on any further changes to the carried interest regime, have allayed the industry’s worst fears, but uncertainties remain

Lux Island

Everyone’s playing games and the house always wins at the ALFI Private Assets Conference 2024

Budget Forecast: Low visibility, chance of rain

With only two weeks until Labour’s first Budget, uncertainty about tax rates is leaving private equity professionals spooked

Don’t Draghi me down

The possibility of a Pan-EU regulator for financial markets is terrifying for Luxembourg but the track record of ESMA also makes it implausible





Profiles

5 minutes with… David Atkinson, SenseOn

The former Marine explains how his firm can keep yours safe from cyber harm

Profile: Ayoni Guda, HPE Growth

HPE’s head of impact and ESG discusses her unique community-focused approach and how she is making a difference during a time of increased scrutiny upon ESG

Profile: Abbas Rizvi, Investcorp

The CFO takes a stroll down memory lane, past the importance of operations and towards the future of finance in private equity

Stake a chance on… Wafra

We speak to Gustavo Cardenas on assessing operational infrastructure when undertaking GP stakes investments

5 minutes with… Planr CEO Owen Pagan

The service provider aims to reduce AI implementation times in the industry

5 minutes with… Ivo Schmiedt, Vestlane

The CEO and founder speaks on his company’s mission of removing barriers to fundraising in private equity and the intricacies of a fund’s onboarding process

November 2024 Magazine Cover

Latest Magazine

For this month’s cover story, we have attempted to delve into a topic usually kept in the shadows: the consequences of a default scenario for a PE fund-backed NAV loan. We show the reasons why default scenarios are vanishingly rare, detail the flexibility inherent in the structure of these deals and address misconceptions over pricing.

Elsewhere in the issue, we examine the implications of the Draghi report for Luxembourg and Europe’s fund domiciles, Investcorp’s Abbas Rizvi discusses where he believes the role of the CEO is heading, and we outline the key takeaways from our recent breakfast briefing on maintaining ops during diversification.

If that's not enough, Gustavo Cardenas of Wafra discusses adding value to GPs’ operations through staking, and Cressida Hamilton of Chryse Coaching reveals how firms can be agile and think strategically.

View now

More news & insights

Securitize launches fund admin services

Company’s services geared towards tokenized assets

Bee Partners promotes Grisham to principal in operations

Austin Grisham will lead portfolio and firm operations

Top of the Ops: Generation yap

This latest episode of Top of the Ops sees The Drawdown team assess the challenges of succession planning in PE operations

5 minutes with… David Atkinson, SenseOn

The former Marine explains how his firm can keep yours safe from cyber harm

Investec partners with Ares

Securitisation of fund finance exposures to provide Investec’s Fund Solutions team with additional capital to expand lending capacity and serve demand for subscription line facilities

Change Ventures welcomes CFO into partnership

Aveli Nurk joined the firm in 2021 as finance manager, now she takes on role of operating partner

Ananda promotes Wenger

The promotion to senior manager for finance and impact comes shortly after the firm increases its finance team to three, with arrival of a finance specialist

The crowd goes mild – PE reacts to UK tax tweaks

A more modest hike than some feared, coupled with a deferred decision on any further changes to the carried interest regime, have allayed the industry’s worst fears, but uncertainties remain

UK government ups carried interest to 32%, defers further changes

The new rates will take effect April 2025, with further changes to be agreed a year later

FactSet to acquire Irwin

Following the recent partnership between FactSet and Irwin

Carta acquires Tactyc

Acquisition will allow Carta’s customers to feed financial and cap table data into Tactyc’s planning and forecasting tools

GoldenSource updates data management platform

The 10th version of the cloud provision aims to streamline data processes

Keep up to date with The Drawdown's latest analysis and news coverage via our Newsletter.

Subscribers to the Newsletter receive exclusive Editorial Leaders, not published anywhere else, as well as round-ups of our latest articles.

The regular updates also include details of our upcoming events, recommended reading lists, and overviews of what we're currently working on.

Subscribe now