Hints and tips:
...In July, the FT reported private equity firms including Vista Equity Partners, Carlyle Group and Hg Capital had used NAV loans to finance cash distributions to investors....
...“The tide has gone out,” says Andrea Auerbach, head of private investments at Cambridge Associates, which advises large institutions on their private equity investments....
...They are promoting a growing number of associates to be salaried partners, who do not share in a law firm’s profits....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...But as the Bloomberg story notes, LPs of both firms are left to wonder how conflicts will be managed....
...LP to audit its yearly reports for the years ended March 31, 2016 and March 31, 2015, according to SEC filings....
...It cited a range of performance measures from Cambridge Associates, Thomson Reuters, Preqin and State Street, showing that private equity outperformed public markets over three and five years by an average...
...Someone said I should name every hole after one of our LPs.”...
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