Fundraising & fund structuring

A&M partners with Pactio

Partnership enhances the firm’s M&A tax advisory services with Pactio’s transaction structuring automation tools

Trinity Communications launches

Charles Clarke founded the public relations agency for asset managers and investors to help GPs grow and retain their assets in a tough fundraising environment

LemonEdge partners with ROYC

The partnership aims to enhance ROYC’s management of closed-, open-ended and hybrid funds

Ely Place Partners appoints head of research

Gareth Morgan co-founded the firm’s Prospect Private Markets business line

ILPA appoints inaugural general counsel

Appointment comes amid association’s legal battle with PE trade bodies regarding preferential treatment under SEC’s Private Fund Rules

Jolt sells minority stake to Armen

GP stakes investor to support Jolt with continued development of deeptech platform and geographical expansion

Qashqade and Entrilia integrate

Qashqade waterfall calculations can run through Entrilia's fund accounting platform

Carta and Merge combine

The partnership aims to enhance equity management processes

Borne but not raised

A tight fundraising and deal-doing environment has GPs pondering how to structure aborted deal costs

General Atlantic takes minority stake in Partners Capital

Transaction is a bid to support firm with managing succession

Ogier expands Luxembourg fund finance team

Delphine Gomes is a banking and finance counsel with experience in fund, leveraged and real estate financing

ESG: The fund-of-funds perspective

Once removed from the underlying portfolio, this type of LP is focused on private equity’s journey rather than instant compliance

Column: Youth appeal

The Riverside Company's chief sustainability officer Dörte Höppner examines the crucial role of sustainable investing for younger investors

Palmer launches in Madrid

Fund administrator led by ex-Sanne execs expands its European presence

Ocorian acquires Bovill

Fund administrator adds regulatory consultancy firm into its compliance offering

Moonfare launches ELTIF 2.0 strategy

Company targets buyout and growth funds as well as co-investments

Comment: Court controversy

Matthew Pincus, international counsel at Debevoise & Plimpton, warns that a recent court decision increases risk for non-US funds active in the US

Deloitte partners with Workiva and Informatica

The collaboration integrates AI data management and cloud-based reporting into the advisory’s ESG compliance services

LeadingMile partners with Qashqade

The partnership aims to increase European GP access to automated waterfall calculations and cap-table monitoring

What the AI?!... Tamarix Technologies

Founder of the data and analytics platform for LPs, Andrea Carnelli Dompé, discusses managing confidential information and AI hallucinations

Sweet sorrow

The alluring attraction of semi-liquid strategies brings with it a cautionary 
tale of liquidity (mis)management

Robin AI launches contract defined-term checker

The additional feature means contract terms can be automatically verified and located within a document

Apheon promotes seven

John Mansvelt is now COO as Loïc Cerfontaine succeeds him as CFO

Dasseti and Clarity AI team up on sustainability

Partnership to enable Dasseti’s clients to benchmark ESG performance

International Valuations Standards updated

The revised version includes ESG valuation considerations in additional chapters on data and inputs and valuation models

LISTEN: Top of the ops: Operational utopia

The Drawdown team tackles the concept of a PE firm that entirely outsources the investment function

Stake a chance on… Azimut

Giorgio Medda of Azimut Holding explains why it moved into the GP stakes business and what sets it apart from its competitors

ATOZ Services swallows up Fund Solutions

Corporate and tax services provider aims to build out its fund admin capabilities

Partners Group appoints CFO

Joris Gröflin joins from Swiss renewable energy producer Axpo Group

Financial Policy Committee outlines systemic risks in private credit

More regulatory scrutiny is expected to be placed on valuations, risk management, liquidity and leverage mechanisms to monitor systemic risks in private credit

Stake a chance on… New Catalyst Strategic Partners

Jason Howard’s freshly hatched firm, backed by Apollo, aims to support emerging managers, among others

Ocorian partners up

Recently announced partnerships include those with ESG reporting solution Treety and investor onboarding platform Goji

IPEM: Cash and carry

Anxieties about capital and compensation were not far from the surface at the latest IPEM event in Cannes

5 minutes with… Kate Pljaskovova, founder of Fair HQ

The digital D&I tool aims to assist GPs to develop in-house and portfolio company HR strategies through scientific research and industry benchmarks

Invest Europe updates investor reporting guidelines

The guidelines have been updated from 2018 to make reporting on fund and portfolio returns more streamlined

Profile: Miguel Gutiérrez, Portobello Capital

The deputy COO discusses working life at the Spanish GP, from adopting new technologies to overseeing the Luxembourg office

Kroll makes Lux MD appointment

Elena Moisei joins from EY to lead the firm’s work with alternative investment fund managers in Luxembourg

Cantilever Group launches GP financing platform

Firm aims to support midmarket firms with capital, strategic advice and operational best practices

Intelligent Legal Solutions enters market with side-letter management solution

Company aims to automate side-letter management for law firms and keep billable hours for private equity firms down

Adepa acquires Fidupar

Two Luxembourg fund admins combine

Alchelyst partners with Goji

Fund admin adopts fintech technology to help digitalise investor onboarding

Discovery gone digital

VC fund-of-funds AlphaQ has launched AQVC discovery platform, a digital hub connecting LPs, GPs and service providers

The ops ‘n’ regs of wealth managers

Amid traditional LPs maxing out their allocations, PE looks to wealth managers to fill the gap – but they come with distinct requirements

Astorg appoints head of digital

Valérie Legat, joining from Carrefour Group, also becomes managing director

Reach Capital launches private wealth services

Firm aims to support GPs with their fundraising in the private wealth market

ESAs publish DORA draft RTS

Subject to approval by the European Commission, the technical standards outline the framework for good governance of ICT critical third parties

Apogem and OA close inaugural GP stakes fund at $1.1bn

RidgeLake Partners will target midmarket GPs with an AUM between $1bn and $10bn

Morningstar partners with iCapital

Advisor Workstation will be topped up with access to alternative assets, educational resources, reporting services and portfolio construction support

Profile: Philippe Renauld, Sienna Investment Managers

The CFO and COO shares his passion for operational excellence, highlights the importance of an LP-centric culture and talks ‘democratisation’ of private markets

Gen II partners with Canoe

The collaboration aims to assist the fund administrator with automating fund document management

AGF Private Capital stakes majority share in Kensington Capital Partners

Firm aims to build out its private markets offering through stake in private equity firm

Stake a chance on… Armen

The GP stake investor is attempting to differentiate itself through deep roots in the European midmarket, the support it offers GPs and the service it provides to its LPs

Highvern expands to Guernsey

Company launches fund admin business after building out its private wealth expertise

Livingbridge promotes Steve Jones

Jones now assumes the role of head of data

Comment: Pain relief from PTR

Jacqueline Petts, partner at Greyhound Capital, says the new Preferential Treatment Rules make the case for AI even more compelling

Stake a chance on… Investcorp’s SCG

Strategic Capital Group’s managing partner Anthony Maniscalco likes his stakes well done

Una Terra appoints founding partner and COO

Yves Frey joins the Swiss VC from investment manager SUSI Partners

Blueflame AI integrates Microsoft Excel add-in

The update aims to streamline and automate the DDQ process

Deloitte acquires Alto Advisory

Lux-grown target company assists management companies and depositaries with fund oversight activities and regulatory functions

Profile: Jesper Frydensberg Rasmussen, Axcel

The CFO discusses the importance of clearly defined roles and how CFOs can support their firm in uncharted economic environments