Alex Lynn
Some 45% of global LPs plan to increase their private equity deployment over the next year, marking a substantial increase from 2024.
'I don't know where that number will end up – my guess is it'll be lower than the 20% we've done,' Marcus Frampton says, referring to the venture allocation within the overall PE allocation.
The VC unit will consider re-opening JP Fund I to test international appetites before launching its second Japanese fund of funds later this year, PEI understands.
The proportion of investor respondents to the LP Perspectives 2024 Study that are overallocated to the asset class has fallen to 18%.
Orange County Employees Retirement System, the City of San Jose Retirement System and UK pension fund Railpen are among the LPs betting on a new firm that wants to buy stakes in 15 to 20 VC management companies.
-80x80.jpg "Insight Partners stung by $1.5m SEC fine")
The regulator said that from August 2017 through April 2021, Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.
The House is set to pass the Inflation Reduction Act after Democrats nixed their plan to close the so-called 'carried interest loophole,' but you can be certain this won’t the last we hear of the issue.
The Japan Science and Technology Agency's university endowment will initially rely on gatekeepers until it has enough internal resources to invest directly, says PE head Yasuyuki Tomita.
Hyundai Marine & Fire Insurance has four venture funds in its PE portfolio and hopes to get access to "top-tier VCs," says Innchul Oh, a senior manager for private equity at HDMF.
The degree to which non-US sponsors would be impacted by the changes depends on whether they are registered with the SEC.