Private Equity

Europe’s IPO market has recovered, but venture-backed companies are increasingly finding liquidity elsewhere.

European private equity is proving more resilient than its US counterpart, but PitchBook’s latest research suggests fundraising remains highly selective and a broad-based recovery…

Nest’s new venture capital strategy is about more than a £200 million allocation. It reflects a broader shift in UK DC investing, as master trusts become increasingly willing to move further up the company lifecycle in search of long-term returns.

Private markets have won a place in DC portfolios. Now schemes face the more difficult challenge of deploying capital at scale while balancing returns, fees, governance and growing political expectations.

GP-led continuation vehicles are emerging as an increasingly mainstream solution for private equity firms seeking to hold prized assets for longer while returning capital to investors. But as volumes rise, so do questions around pricing, governance and alignment.

As Brunel Pension Partnership prepares to disband, private markets portfolio manager Jaime Alvarez-Dominguez reflects on the challenges it faced, what it achieved and lessons for the next phase of LGPS consolidation.

The Iran conflict is putting pressure on private equity, with sponsor-to-sponsor transactions dominating activity

AI is accelerating change across private equity and credit, forcing investors to reassess risk, resilience and operational alpha

Multi-pronged approach seeks to overcome the traditional reliance on overseas pension scheme capital

Record-low distributions have forced investors to rethink private equity liquidity, with secondaries and continuation vehicles increasingly being used as portfolio management tools.

UK scale-ups continue to raise less capital than US peers, but pension funds and asset managers say new vehicles are emerging to bridge the £50m-plus funding gap.

From co-investment-heavy portfolios to equity-based liquidity management, Mercer is using scale across its DC platform to embed private markets into its default strategy. Mercer…