Solutions
More than half of PE firms (52 per cent) are open to hiring people via video calls, according to an April survey by PE and venture capital recruitment firm PER.
According to Rupert Bell, director of Dach at PER, there’s still a lot of interview activity going on in the industry, as everyone becomes accustomed to video conferencing replacing face-to-face meetings.
“Moreover, there seems to be a decline in firms putting processes on hold. Firms seem to have mainly paused hiring in the first weeks of the crisis,” Bell commented on the result of the survey.
According to PER’s Taking
By Paul Harragan, EY – For many large cap and mid-market funds, cybersecurity risk is no longer a topic that is left off the boardroom agenda, in-fact effective cybersecurity risk management is considered a key driver for value creation.
Understanding cybersecurity risk provides investors’ confidence and comfort during the hold period and at exit stage avoiding the pitfalls of value erosion.
Value Creator – At exit, if the asset can provide clear evidence that cybersecurity risk has been controlled throughout the hold period, highlighted by a strong maturity posture and zero indicators of compromise.
Value Erosion – Potential Impact to value and brand
The increasing pressures on private equity firms to follow compliance rules and maintain transparency, coupled with the plethora of online systems to manage several communication avenues and priorities both internally and externally, are presenting some very real challenges for financial organisations today.
At Donnelley Financial Solutions (‘DFIN’), a leading risk and compliance solutions provider, security is embedded in its DNA. Over the years, the firm has built out an array of financial technologies to support its clients as they operate in increasingly complex markets, where risks come in a variety of forms; not least of which is the constant threat to data security.
Private equity firms are having to double down on cyber risks in the current climate, as hackers exploit the chaos caused by Covid-19 to target PE-backed companies with ransomware attacks. In a recent Bloomberg article, the point was made that as many PE owners have deep pockets, they are a prime target for ransomware attackers, especially those driving operational efficiencies to improve a company’s P&L position; this can, in certain circumstances, lead to stripped back cybersecurity operations.
According to the latest analysis from the CEPRES Investment Platform, 2021 could be the best year for private markets ever because of the fallout from the Covid-19 crisis. The analysis looked back at the impact on private equity and credit transactions before, during and after the most recent Global Financial Crisis (GFC), to interpolate possible outcomes of the current Covid-19 pandemic.
By looking at cash flows of 7,800 funds, 80,500 deals and underlying operating metrics of USD28 trillion worth of PE-backed companies, the CEPRES Platform is able to uncover patterns of returns, risks and deal pricing across different geographies and segments
Global private equity secondary deal flow could fall by as much as 40 to 50 per cent this year, compared to 2019, as the repercussions of coronavirus play out over the next few quarters. But for those operating in the lower middle-market, discounted opportunities could be highly attractive.
Last year, transaction volumes exceeded USD85 billion, a jump of 7.2 per cent on 2018. But those numbers are going to look markedly different come the end of 2020, as the expected number of completed transactions fall over valuation gap fears.
Across the PE secondary landscape, it is possible that overall deal
Hamilton Lane Collaborate to Bring New Efficiencies to Alternative Investment OperationsPrivate markets investment management firm Hamilton Lane as implemented Canoe Intelligence (Canoe) solutions as a step in its efforts to further streamline internal processes.
Canoe is a financial technology company focused on automating and improving alternative investment operations for institutional investors, capital allocators and asset servicing firms,
Hamilton Lane invested in Canoe’s series A funding round in February of 2020, and is now collaborating with the firm to unlock new efficiencies in alternative investment processes; including data collection, accounting, investment tracking, portfolio management, reporting and more. Hamilton Lane will be
With a recession more severe than the downturn caused by the global financial crisis of 2008 – and perhaps even the Great Depression – looming large, the temptation to look to the past for clues as to how the coronavirus crisis will play out is understandable.
But while the past can provide pointers to the future, it’s also worth noting that the current situation is unique in so far as it is the result of an orchestrated governmental shutdown of large sections of the global economy.
According to a recent IMF forecast, the global economy is projected to contract by 3
The UK government’s announcement of an additional GBP1.25 billion to help support early stage businesses yesterday has been welcomed by SMEs, but some businesses are affected by a loophole in the scheme.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
