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CORONAVIRUS
On Monday, BioNTech and Pfizer announced that their Covid-19 vaccine-in-the-making showed a 90 per cent efficiency rate in a late stage clinical trial, which sent share prices soaring around the world on the back of the scientific breakthrough.
Starting in Asia-Pacific, the news saw Japan’s Nikkei reaching its highest level since 1991.
While the vaccine has yet to undergo formal approval, Pfizer said the interim data provides greater confidence in its vaccine candidate and brings the company a significant step closer to delivering a vaccine to prevent further spread of Covid 19.
“We are committed to upholding the integrity of
RESEARCH
Private equity assets under management will increase from USD 4.41 trillion in 2020 to USD9.11 trillion in 2025 – and with a CAGR of 15.6 per cent, it will be the fastest-growing asset class over the next five years, according to Preqin.
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By Nicholas d’Adhemar, founder and CEO of Apperio – Slowing deal volume is just the latest factor prompting PE firms to examine the expense of outside law firms.
Private equity investors are taking a closer look at legal expenses. Slowing deal volume is a primary reason, but it’s not the only one. That’s according to a survey of 100 PE firms in the US and UK with more than USD10 billion under management.
While the survey found four in five respondents said slowing deal flow was contributing to the pressure on external legal spend – respondents also cited growth in
GUEST ARTICLE
By Emily Fuller, Deborah Low, Ellen McGinnis and Emma Russell, Haynes and Boone – If an investor in a private equity fund is subject to Shariah, or committed to making ESG investments, then such investor might seek to be excused from participating in certain investments that are non-compliant with its investment guidelines.
GUEST AFRTICLE
Governance is perhaps the least talked about component of ‘ESG’, but is based on concepts of fairness, transparency and accountability that form the basis of good corporate governance.
PODCAST
This latest PEWire podcast features a conversation between Private Equity Wire editor Karin Wasteson and Mike Bego, founder and managing partner of US-based secondary private equity investment firm Kline Hill Partners.
The interview centres around the current rise in credit defaults in the US as well as globally, key takeaways from 2020, some red flags in the current climate, and the fact that a contested outcome in the US election is nothing new.
GUEST ARTICLE
By Emily Fuller, Deborah Low, Ellen McGinnis and Emma Russell, Haynes and Boone – Environmentally friendly investment guidelines have come to the fore recently due to increased focus on climate change and governmental action aimed at protecting our planet. With heightened focus on the economic impact and carbon footprint of corporations and industries, investors have an increased appetite to invest capital in sustainable projects such as renewable energy research, and development or real estate and infrastructure projects that seek to minimize environmental impact through sustainable construction.
By Stéphane Badey, Arendt – These are uncertain times, but three solid trends driving the Luxembourg investment funds market can be highlighted.
1. The continuous growth of the alternative investment strategies. Luxembourg has positioned itself as a jurisdiction of choice for alternative asset managers. As a consulting firm we are accompanying clients in their move to Luxembourg. This is made easier from a regulatory perspective by the adoption of a clear regulatory framework.
2. The further integration of ESG criteria into asset managers’ strategies. The upcoming regulations (SFDR*) are prompting asset managers to position themselves accordingly. Although many had already embraced
GUEST ARTICLE
By Emily Fuller, Deborah Low, Ellen McGinnis and Emma Russell, Haynes and Boone – ‘Sustainability’ and ‘ESG’ have become trendy buzzwords in the finance world of late, but is the concept that wealth creation and management should be beneficial to the environment and society really that new? This article will look at the similarities and differences between ESG investment guidelines and long standing principles of investment practiced under Shariah law and discuss the implications of such restrictions for fund finance.
NEWS
AI-focused VC-firm Air Street Capital has closed a USD17 million fund, targeting early-stage founders in Europe and the US who combine AI expertise with sector-specific knowledge in the enterprise, consumer and life sciences sectors.
Founded by general partner Nathan Benaich, Air Street Capital aims to partner up with professionals in the AI community in order to apply technical expertise to spot new talent and “cut through the hype” to source AI applications, according to the newly founded firm.
Benaich’s prior seed and early-stage investments include Mapillary -which was later acquired by Facebook- Tractable, LabGenius, Thought Machine, Starship, Ravelin, PolyAI, Jukedeck,
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
