“Limited partners are looking for clear, differentiated strategies, with relevant and proven capabilities.”
In January 2015, Antoine Drean, founder and chairman of Palico, wrote, “It’s safe to say private equity will see more innovation this year than ever before, as investors actively adjust to the growing complexity and diversity of the asset class.”(1) With increasing competition for capital – thanks, in part, to the regulatory changes with regards to marketing and compliance, as well as growing limited partner influence – many private equity firms will need to be innovative just to keep pace with peers.
Ironically, as private equity looks for inspiration for innovation, it should look no further than the public markets, where issuers have been dealing with a number of the same challenges for years. In this paper, we will look at three of the biggest issues confronting private equity today – differentiation, transparency, and succession planning – and how effectively adapting public-company approaches to investor engagement and communications could enable them to compete for capital more effectively and efficiently...
1Ten Predictions for Private Equity in 2015 -
Forbes.com (January 12, 2015)