Private equity firms with stakes in the US healthcare industry have managed to tap into federal bailout money designed to give small businesses a lifeline through the pandemic, a new data dump from the Paycheck Protection Program shows.
The investment fund management industry faces serious challenges in the wake of the coronavirus crisis - and a conversation must begin over how to protect it, the interim chief executive at the UK's Financial Conduct Authority has said.
The impact of the coronavirus crisis is likely to be felt around the world for years to come, with the economic aftermath potentially outstripping the 2008 financial crash. And that uncertainty over how the future is going to play out could easily see LPs becoming less trigger happy with capital, and private equity firms entrenching into safer investments.
Pictet Alternative Advisors has raised more than $1.16bn for the final close of Monte Rosa V, its latest in a series of diversified, multi-manager private equity fund of funds.
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