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,…
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Private equity groups are entering a new period that could well find them having to rethink their hurdle rates. With government bonds yielding 4.5% and private equity returns likely to recalibrate to a lower level in today’s challenging markets, General Partners cannot risk pulling a hamstring by setting the performance bar too low. Many will increasingly find investors exercising their negotiating skills to raise the hurdle rate and lower fees. In this competitive arena, who will have the flexibility, and the confidence, to meet the hurdle rate challenge?
