IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
Deal-making might be about to get a little harder for PE firms using Citigroup, with news that it is curbing its subscription credit facilities. Not ideal for those who use credit lines to do deals to avoid issuing capital calls to LPs. The bank has decided that PE funds that are not taking advantage of its wider range of products and services will have the credit tap turned off. Could this become a wider trend as US banks assess the profitability of PE funds? It might be a stretch to call this a credit crunch, but it could place some GPs in an awkward position if they wake up to find that their subscription has been canceled.
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
We hear you but we’re not quite ready. That seems to be the message coming from Norway’s government, who have decided to not yet allow the country’s Oil Fund –…
Fill-in the information below to submit your event.
Fill in the information below to download the Survey.
Fill in the information below to download the Investor Package.
Fill in the information below to register as a journalist.
Fill in the information below to download the Factsheet.