Coller Capital releases latest Global Private Equity Barometer
Enhancing team stability/resources are best reasons for ManCo stake sales
Facilitating generational change, and strengthening the resources GPs can bring to bear on the market, are the best reasons for them to sell interests in their management companies to outside investors, LPs say.
By contrast, only one -third of LPs believe it is appropriate for GPs to sell management company stakes to launch new products or fund GP commitments.
Lack of clarity around the term ‘ESG’ will be increasingly problematic for LPs
The majority of LPs believe that the vagueness of the term ‘ESG’ is creating problems for the investment community or is likely to do so in the future.
Improving their employee diversity is a key focus for LPs and GPs alike
However, there are differences in prioritisation between investors and fund managers in other areas of ESG. Some two -thirds of LPs are introducing more ﬂexible working and family-friendly employment conditions (vs 43% of GPs) – while three quarters of GPs are focused on employees’ ESG training and coaching (vs 43% of LPs).
Just over half of GPs are trying to boost their organisation’s engagement with charity – versus just over a third of LPs.