Fund docs

Profile: Melanie Wiese, Deutsche Beteiligungs AG

The CFO and member of the board of management walks us through lessons learned in the course of her career and how her passion for a diverse and collaborative culture translates into practice

FCA cracks down on private market valuations

The review is expected to scrutinise valuation processes, governance and professionals in charge of the process

Universal Investment launches Alumia

Joint venture to offer fund distribution services

ERM and Greenomy join forces

The sustainability consultancy aims to incorporate Greenomy’s ESG reporting services

BlackRock joins Allfunds’ Private Partners programme

Firm aims to broaden access to its private markets offering for wealth management clients

Ontra expands legal operating platform

Ontra Atlas is an automated entity management solution

DIY in the wild wild East

Across Lebanon and Palestine, enterprising GPs are piloting their industry with no legislative framework or operational ecosystem, as Matthias Plötz investigates

Deutsche Beteiligungs AG acquires Elf Capital

The German asset manager will also co-invest up to €100m into Elf Capital’s funds

Context Analytics launches CAPE

The software automates data extraction from various pitch decks into a structured format

Mirabaud Asset Management partners with Zebra Impact Ventures

The two asset managers will combine forces to target the climate technology sector

Private debt is LPs’ best race horse

Private equity maintains position as investors’ preferred asset class but private debt overwhelmingly outperformed expectations

Pen to pension

How DC pension master trusts are looking to tap into PE

Profile: Markus Gyssler, EMERAM Capital Partners

The managing partner and COO reflects on 10 years at the firm, walks through its succession programme and explains how he combines operational with investment duties

Around the books in 80 days

GPs' travels through the auditing process

Permira buys stake in AltamarCAM

Fresh funds to further AltamarCAM’s client services and international expansion

Kudu acquires stake in Apera

Minority investment to fuel Apera’s growth and diversify firm’s client base

Goldman Sachs launches ELTIF

We speak to Barry Fricke, head of EMEA alternatives distribution for wealth at the firm, to understand the operational setup of the fund

Anduin secures $15.6m

The funding round was led by tech investment firm 8VC

Luxembourg toolbox updated

A bill has been passed to increase flexibility and clarify certain ambiguities for AIFMs and their investment fund products

5 minutes with… Tim Andrews, IDR

Founder and CEO of the investor onboarding hub shares how its latest fund subscription service strengthens the platform

Alkymi launches Alpha

The generative AI tool aims to formulate answers from documents and datasets

Canoe partners with Lionpoint

The partnership will combine operational and technological solutions with consulting services

The qualifying factor

To what extent is the QAHC regime benefiting the UK alternative funds industry?

A&M Tax appoints senior director

Rasmus Steiness joins from Deloitte

ESMA reviews cross-border marketing requirements

The body’s second report highlights frequent breaches of marketing requirements

The French (ELTIF) revolution

Country further opens the door to individual investors’ capital in the private markets but operational concerns remain

Comment: Cutting through conflicts in GP-led transactions

Travers Smith’s Victoria Bramall and James Ravden outline five strategies to mitigate conflicts in GP-led deals

Volpi Capital closes on continuation fund

The technology-focused European mid-market firm has divested the remaining assets from its debut fund into the new vehicle

Profile: Martin Sjölund, Summa Equity

The partner and general counsel walks us through the beginnings of the firm’s legal function and its current management

ACA launches portfolio management solution

Managed Performance Services aims to assist fund managers with performance measurement and reporting features

Debt set

The Drawdown hones in on the private credit trend that the experts think is here to stay – how can GPs establish a successful first-time credit fund in this economic climate?

Increase in designated ESG managers at PE firms

Survey found nearly 69% of firms to have a dedicated ESG professional

PRI signatory status found to have little to no effect on returns

Report findings were derived from IRR and TVPI dispersion between non-signatory and PRI signatory funds

Negotiating terms increasingly challenging for LPs

LPs have expressed concerns over negotiating terms and manager assessment and identification, according to survey results

HarbourVest appoints head of fund accounting

Peter Mahoney joins from asset manager Vanguard

IDR appoints operations director

Karen Bee has two decades of experience in financial crime operations roles

The Drawdown Awards 2023: Winners announced

Congratulations to all of the winners of The Drawdown Awards 2023

ESMA provides update on greenwashing

ESMA has published one of the three ESA reports on mitigating greenwashing risks, highlighting key concerns and preventative measures

Colmore launches Term Intelligence

Features include benchmarking, cost projection and ILPA compliance services for LPs, GPs and service providers, aiming to improve the LPA process

State of substance

How are GPs giving their firms the necessary mass to operate in Luxembourg?

What the AI?! Canoe Intelligence

Our new AI series kicks off by exploring the burning questions with Aman Soni, VP of data strategy at Canoe Intelligence

Gottschalg Analytics powers up

Company aims to provide performance intelligence services via proprietary algorithms

Bridges promotes seven

Asa David and Nazli Kayalp have been promoted to fund director and fund manager, respectively, and Iveta Grazule is promoted to legal associate

Deep dive on Alpha’s fund finance solution

Following the recent announcement of Alpha Group’s new fund finance solution, we sit down with Sam Marsh, MD institutional, and Adam Heaysman, who is heading up the new offering, to find out more

Accelex launches portfolio analytics platform

The platform aims to provide visibility and automated data analysis on portfolio funds, commitments and underlying assets

Comment: Does SFDR encourage greenwashing?

Pinsent Masons financial services partner Mark Shaw asks the awkward question

Blackrock to launch LTAF

The FCA has granted Blackrock approval to launch fourth LTAF on the market

Robin AI launches Copilot

Legal chatbot aims to automate legal contract drafting

EQT opens up PE to individual investors

The launch of semi-liquid portfolio EQT Nexus makes PE funds available to individual investors

Help your LP help you

As regulatory and economic perspectives on capital allocation diverge, LPs’ expectations towards their GPs are changing

A&M’s Taxand team makes senior hire

Rhys Owen joins Alvarez & Marsal’s fund taxation practice from EY

Hamilton Lane tokenises evergreen senior credit fund

Feeder fund is available on Securitize platform via Polygon blockchain

Pitchbook incorporates LCD research

The integration will allow platform users to access analysis on leveraged loans, bonds, CLOs and private credit

Fenergo hires three

Conor Clinch joins the firm as CFO

No (private) client left behind

Fuel Venture Capital aims to make VC accessible to private clients with its new fund structure

Not on the guestlist

A connection to public entities could see the EU's new Foreign Subsidies Regulation crash the dealmaking party

Is retailisation a misnomer?

Many hurdles remain around expanding private funds to the retail investor. We unpicked the main concerns raised by GPs and what the current definition of ‘retailisation’ actually means

Dasseti launches RFP platform

Dasseti Engage automates RFP and DDQ processes through natural language processing and AI

Comment: Welcome to the altverse

Rafay, Farooqui, founder and CEO of +SUBSCRIBE, outlines the need for a novel private markets' digital tech stack to replace fragmented, manual and paper-based workflows of the past

Coller completes GP-stake sale

Hunter Point Capital has acquired a minority stake in the secondaries house