The Clot in Private Equity’s Lifeblood: Microsoft Excel

The Clot in Private Equity’s Lifeblood: Microsoft Excel

Private equity analysts often manage deal information on Excel spreadsheets, likely because Excel is familiar and available, or maybe because it appeals to their analytical sensibilities. It does work to a certain point. However, Excel is plagued with fundamental...
Investor Relations Becomes the X-Factor in Alternative Assets Fundraising

Investor Relations Becomes the X-Factor in Alternative Assets Fundraising

Alternative asset managers have seen their ranks explode over the last several years, due to a perfect storm of low interest rates, strong corporate growth and increased bank regulation.  The number of active private equity firms has spiked 143 percent, while the...
Eight Questions That Alternative Asset Fund Managers Must Ask Before Hiring a Placement Agent

Eight Questions That Alternative Asset Fund Managers Must Ask Before Hiring a Placement Agent

Placement agents are in vogue. There are tens of thousands of money managers and alternative asset fund managers that are totally dependent on them. In 2015, more than 50% of private equity funds that closed used a placement agent, according to Preqin. It isn’t hard...