Home Private equity

private equity

Adopting a different waterfall – where will your profit flows end up?

As managers look at alternatives to a standard 8% preferred return and 100% catch-up waterfall, how does this affect how profits flow to investors and the manager? Goodwin’s Michael Halford and Benjamin Yeoh modeled them to find out.

LPs face ‘huge risks’ on co-investments

Co-investment management fees could become more common amid fears that limited partners are rushing into deals to avoid charges. “Everyone is asking for co-investments,” Kaarina Suikkonen, managing partner at Swiss family office advisory Apaja, told delegates at Private Equity International‘s Women in Private Equity Forum on 21 November. “It used to be the way to reduce […]

Phatisa Food Fund 2 gets AfDB backing, targets 22% net returns

As the South African-based manager progresses towards its $300m target, we zoom in on the fund’s terms.

Arlon-backed Door to Door shuts its doors

The portfolio company cites 'recent events in our industry', which a regional competitor suggests likely refers to Amazon’s acquisition of Whole Foods in August.

OTPP takes dive into aquaculture

The $141bn pension has bought a Canadian mussels producer after a 36-month examination of the sector, OTPP portfolio manager Stephen McLennan tells Agri Investor.

Matrix Partners targets India’s ag supply chain

The Indian private equity firm has made its first investment in ag tech by backing newly-established Gobasco, a company focused on optimizing India’s agri supply chain.

Blackstone enters cold storage

The investment into Cloverleaf is understood to be the firm’s first since identifying cold storage as a strategic opportunity about a year ago.

PE-backed Evans acquires Gaytan Foods

The acquisition will enable the Chicago-based pork rind manufacturer to grow its product line and its West Coast presence.

New Zealand Māori fund raises $69m

More than 35 Māori groups have committed to the private equity vehicle that NZ Super helped launch as part of its Investment Hub initiative.

Paine Schwartz backs foodservice provider

Lyons Magnus is partly owned by members of the family that founded Wawona Packing, the fresh produce packaging company that Paine supported in May.

Copyright PEI Media

Not for publication, email or dissemination