Realities of a Mature Market

Changes in Private Equity and why an Alternate Asset class Fund that is transparent and secure will be interesting!

February 6, 2012

Private equity general partners about to hit the fundraising trail will encounter an investment community with a very different appetite for private equity than was the case during the previous fundraising effort. As the panel of experts assembled for Privcap’s new series on fundraising attest, limited partners today have matured and adapted, and GPs who fail to recognize this may go home empty handed.

“Realities of a Mature Market” is the first of three programs in Privcap’s “Changing LP Appetites” series. This illuminating discussion includes Peter von Lehe, managing director with Neuberger Berman, Hussein Khalifa, a partner with MVision, and Michael Elio, a Managing Director with LP Capital Advisors. The second segment in this series is called "Culling the GPs." The third program is called "In Search of Growth."

Topics discussed in this program include the signs of sophistication among LPs, the critical importance of understanding illiquidity, new best practices in portfolio construction and investment pacing, fee terms that are here to stay, and the continuing education of board-level private equity program overseers.

This series is sponsored by MVision.

Registered users of Privcap may access this 24-minute, chaptered video program, a full transcript, audio-only version, as well as Privcap’s entire archive of thought-leadership content. Register here – it’s free and quick.

About "The Fundraising Market"

Capital commitments are the lifeblood of the private equity industry, and in today’s market, even the most seasoned private equity firms feel anxious about their next fundraising effort. Institutional limited partners have new appetites, new policies, higher standards and more rigorous due diligence requirements. Market participants that fail to understand and plan around these trends risk not merely a weak follow-on fund, but the end of their franchise. The Privcap series, “The Fundraising Market,” delivers vital intelligence on fundraising and investor relations from seasoned experts, helping all market participants better navigate a changed capital landscape.