Dave Richards, Managing Partner at Capria, discusses the impact the Abraaj matter has had on GP/LP relations. [Deal street Asia]
Certain municipal areas are being deemed eligible as "Opportunity Zones" under the Tax Cuts and Jobs Act of 2017, but they meet the low-income criteria because they are composed largely of college kids? [WSJ]
Net cash flows from private equity funds (that is, distributions minus capital contributions) have been in the black for 8 straight years. Investors have to meaningfully re-up to keep their target asset allocations. [PitchBook]
Blackstone collects $26bn for biggest-ever PE Fund. [PEI]
GPs take charge on “change of control” provisions. [PEI]
GPs discuss their approaches to co-investment strategies. [PEI]
Vontae Davis retired from the NFL in the middle of a game. Here is his side of the story. [ESPN]