Analysis
17 January 2022
PE vs ESG
The mindset required to genuinely achieve ESG aims inherently conflicts with the numerical and return-driven mindset needed to deliver private equity success. How can these mindsets converge to achieve both?
10 January 2022
Planning permission
A growing number of small managers are taking on full scope AIFM permissions well ahead of time; the market is split on whether or not this is a good move or a big burden
6 January 2022
Pressure point
The explosive growth of the fund finance market has hugely benefited the private capital fund industry. But with banks straining to keep up with growing demand, where next for capital call facilities?
4 January 2022
FX hedging: art or science?
FX hedges provide vital protection on precious returns, but can be tricky to arrange, mainly due to liquidity restraints
21 December 2021
Deep dive collection
Selection of The Drawdown’s extended analysis features from 2021
2 December 2021
Compliance calendar
Need to know dates for your diary as UK rules diverge post-Brexit, as well as upcoming key European regulations
29 November 2021
Common pitfalls when drafting an LPA
Common mistakes and oversights made when putting together the LPA, and tips on how to avoid them
15 November 2021
Private equity’s great resignation
PE practitioners are on the move; is the industry's slow start around diversity and inclusion coming back to haunt it?
9 November 2021
AIMA CEO Jack Inglis: Community and interconnectedness have never been more important
AIMA’s CEO Jack Inglis was appointed as HFC’s chair in January 2020. He reveals how the charity responded to initial fundraising challenges brought about by the pandemic, the uncomfortable positions he found himself in, and why HFC plays such an important role in building a peer-based community
8 November 2021
Cyber psychology
With cyber attacks increasing, the matter can no longer be an IT problem. It's time for private equity to see cyber threats as a major business risk, and with that, human behaviour needs to be front and centre.
1 November 2021
Data is king (even when it comes to fund domiciles)
Common standards would enable decent data governance, which would do away with skills and talent challenges the fund administration market is suffering from
21 October 2021
Jersey private funds: a new era
Jersey is a longstanding financial jurisdiction with an agile and responsive nature uniquely designed to meet market and client demand. It is no wonder it is an attractive destination to hold private funds, writes Simon Page, global head of fund services, Hawksford
18 October 2021
Introducing the Fund Finance Tracker
Shining a light on subscription lines, NAV facilities and GP finance, to provide insights on how a selection of lenders approach these loans
18 October 2021
Tech transformation tracker: Key findings
The industry's embrace of technology has accelerated dramatically over the past 18 months
18 October 2021
LISTEN: Private debt’s next stage of maturity
Direct lending has come a long way in a short period of time
14 October 2021
Finding the right home for your alternative fund
IQ-EQ's Justin Partington assesses the key elements of fund domicile selection
11 October 2021
Fund domiciles in 2021: UK
Key facts and figures relating to why the UK is an emerging domicile
11 October 2021
Fund domiciles in 2021: Malta & Cyprus
Key facts and figures relating to why Malta and Cyprus are domiciles of choice for small and emerging managers
7 October 2021
Fund domiciles in 2021: Cayman Islands
Key facts and figures relating to why Cayman Islands is a well-regarded domicile
7 October 2021
Fund domiciles in 2021: Guernsey
Key facts and figures relating to why Guernsey is considered a highly innovative domicile
7 October 2021
Fund domiciles in 2021: Jersey
Key facts and figures relating to why Jersey is a fast and flexible domicile
7 October 2021
Emerging managers: considerations for selecting your fund domicile
Launching a new fund is no easy task; don't let fund domicile selection add to the complexity
4 October 2021
Fund domiciles in 2021: The Netherlands
The Netherlands is an important centre for pension funds and offers a light regime for smaller GPs
4 October 2021
Fund domiciles in 2021: Ireland
Ireland is a domicile to watch thanks to its recent Investment Limited Partnerships reform
4 October 2021
Fund domiciles in 2021: Luxembourg
Luxembourg is a tried and tested domicile, popular with LPs, but concerns are mounting over skills and talent levels
4 October 2021
Shifting sands: the domicile dichotomy
On the surface, selecting a fund domicile is largely about catering to investor needs, however, just as the private capital fund space is ever-changing, fund jurisdictions are ever-evolving and appearances can be deceiving
28 September 2021
IPEM 2021: The future of Europe
Rafaèle Tordjman, founder & CEO of Jeito Capital discusses Europe’s biggest challenges, and how Covid led to more investment in funds and companies
27 September 2021
IPEM 2021: Sustainability as value creation 4.0
André Frei, chair of sustainability at Partners Group talks about the main trends within sustainability and why he doesn’t think the private markets will focus entirely on impact investing
24 September 2021
IPEM 2021: Adapting to a virtual world
Klas Tikkanen, COO of Nordic Capital talks about adjusting to remote working through the pandemic, as well as the process of raising two funds virtually
23 September 2021
IPEM 2021: Lessons learned from Covid
Philippe Poletti, CEO of Ardian France talks about how the firm managed the Covid crisis, and why sustainability is now at the core of every business strategy
22 September 2021
IPEM 2021: Sustainability’s increasing importance
Alain Godard, CEO of the European Investment Fund talks about the increased importance of sustainability as well as EIF’s contribution to the sustainability agenda
21 September 2021
IPEM 2021: Europe leads the way for ESG
Magnus Billing, CEO of Alecta talks about Europe being a leader for ESG, and why PE firms have a great opportunity to be catalysts in reaching the sustainability goals
20 September 2021
IPEM 2021: PE’s big challenge
Cornelia Gomez, head of ESG & sustainability at PAI Partners talks about why measuring the carbon footprint of the portfolio is not enough
15 September 2021
IPEM 2021: PE must embrace decarbonisation
Mathieu Chabran, co-founder of Tikehau Capital talks about decarbonising certain sectors and why those firms which only do it because they are forced to, will fail
14 September 2021
IPEM 2021: The LP view
Michael Lindauer, MD of Allianz Capital Partners explains why LPs should stay calm and invest consistently
13 September 2021
IPEM 2021: PE is ready
Claire Chabrier, president of France Invest discusses how the Covid pandemic has accelerated innovation, climate issues and social responsibility
13 September 2021
ESG disclosure divergence
The FCA's climate-related disclosure proposals mark the first policy disclosure divergence in post-Brexit UK for private equity; how do the new rules stack up against the European Commission's SFDR?
6 September 2021
Great techspectations
As private capital market tech solutions grow in number and functionality; how aligned are GPs internally when it comes to their expectations of technology systems?
31 August 2021
Law school: litigation funds
Litigation funds are fast-becoming a fundamental part of the global justice system. While the 'assets' they manage differ greatly to those of traditional private capital funds, the way in which they operate is almost identical.
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality
5 August 2021
The evolution of HR
Attracting talent in an increasingly competitive landscape, nurturing and developing teams, navigating the post-Covid landscape - today's HR and talent practitioners have plenty on their plates
29 July 2021
New tricks
Private equity's digital transformation is gathering speed, and an important part of this evolution are the new tech solutions coming to market. Here we profile three of the latest innovations
19 July 2021
ELTIFs revisited
The ELTIF structure was so unpopular that the European Commission put it under review. However, a recent spate of new launches means the regulator could have been too hasty.
12 July 2021
You can’t stand under my umbrella
The Greensill scandal has thrown light on umbrella structures, which are now under review by the FCA - what could this mean for private equity?
28 June 2021
All aboard
Setting up a new fund comes with all manner of challenges and complexities; Highvern aims to take the pain out of onboarding with your fund administrator
14 June 2021
Role Call: D&I officer
The diversity & inclusion role is emerging in private equity, but how necessary is a dedicated officer?
7 June 2021
What do LPs do with all the data?
A recent webinar discussion explored what information is being transmitted from GPs to LPs
28 May 2021
Be an architect (not a gardener)
Launching credit strategies is back in vogue, but this time around careful consideration is needed when it comes to designing and scaling operations
17 May 2021
In conversation: Cyber security, an ESG concern
A recent webinar discussion explored the treatment of cyber security as an ESG practice
10 May 2021
In conversation: Do we even need standardisation?
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
6 May 2021
Diligencing diversity
Gender diversity is a key issue for private capital markets, but are LPs digging deep enough when diligencing fund managers?
5 May 2021
A guide to improving gender diversity
What can PE houses do to better their employee ratios? Sasha Graham of Equality Group provides her top insights
26 April 2021
Right-sourcing
A year of remote working has catalysed already changing attitudes when it comes to recruitment versus outsourcing
12 April 2021
Agile fund management
The major advantage of setting up something fresh is having a clean slate with the ability to adopt the latest learnings and technologies. This is exactly what fund administrator Highvern did when it set up its processes and ways of working
8 April 2021
Green washing up
The SFDR aims to combat greenwashing, but what is actually expected from PE firms, and what do the new rules mean for operational leaders?
1 April 2021
The Techwork
Private equity's digital transformation has undoubtedly been catalysed by events of the past year
4 March 2021
Social behaviour
While GPs use social media to give an insight into their firms, LPs now use it as part of their ODD. But where are they looking, and what for?
22 February 2021
Failure to launch
Designed to increase the flow of retail capital into long term funds, ELTIFs have had few takers, but could a renewed focus from the European Commission see these structures gain popularity?
18 February 2021
Operational Lens: Agathos Fund II
A detailed inspection of the operational function's input in Agathos Management's recent first fund close on its sophomore fund