PE Key Trends Report
News, analysis, trends, and best practices brought to you by Palico
Brace yourself for PE’s ESG revolution
If you thought that ESG was already top of the private equity agenda, think again. Things are only just getting started. We’ve already seen the tide turn here at Palico in the last year or so, with sustainability strategies and diverse teams becoming a more common sight, especially among European
The best PE firms lead by example on ESG
We recently attended the IPEM, SuperInvestor, and SuperReturn conferences in Paris, London, and Boston. It felt great to venture back out into the real world and meet with so many people face to face after so long. There is no substitute for shaking hands and interacting personally, and we look
The sooner investors reach their target allocations, the better
Is private equity a worthwhile asset class and, if so, how should one go about building exposure to it? The first answer to this two-part question is simple: Yes. Using a sophisticated returns metric known as a modified Public Market Equivalent—essentially replicating private investment performance under public market conditions, by
[Written] Claire Commons, COO at Palico, about InvestTech and the disruption happening in PE
We catch up with the host of our Palico Capital Calls podcast Claire Commons, COO and Head of Strategy at Palico. Claire worked for over 20 years in private equity having worked on behalf of pensions, endowments and families. Now as a leader in the PE tech space, she tells
The secondaries market is taking off again, but it is underserved
Last month Blackstone’s Verdun Perry, who heads up the firm’s global secondaries efforts, told Bloomberg News that he sees the market for pre-owned PE assets surpassing $100bn for the first time this year. To think the PE secondary market was worth $1.5bn 20 years ago. Much of the growth in
Commitment issues: GPs have more skin in the game than ever before
Together with the carried interest that general partners earn when their funds bring in the big bucks, the GP commitment is what keeps the interests of LPs and fund managers tightly aligned. Investors have long understood that this “skin in the game” mitigates risk as GPs will suffer personal losses
Open channels: how technology is reshaping the PE industry forever
There’s a paradox in private equity that many don’t like to acknowledge. How is it that, on the one hand, capital is backing some of the most groundbreaking innovation in the economy, transforming how we communicate and sending rockets into space; while, on the other hand, the managers of that
A private equity perspective on inflation
There’s one word defining investor sentiment in 2021: inflation. Stock and bond markets have been tying themselves in knots trying to predict the state of play. Tech shares in particular have taken a knock of late. This is because these speculative assets are valued today on tomorrow’s expected earnings, making
[Written] Multiplicity’s Andres Hefti on the alluring intersection of distress and secondaries
Our guest is Andres Hefti, Partner at Multiplicity Partners, an investment firm specialised in providing liquidity solutions to holders of private market funds and distressed assets. He explains how Multiplicity Partners shifted from being an advisory firm to becoming themselves an investor in PE secondaries. Mr Hefti shares his experience
