individual LP - professional perspective more portfolio construction more manager concentration more profiled management tariffs more variable performance tariffs emergence of the agile limited partner
individual LP – institutional perspective PE is an equity not an alternative PE is for high returns not for low volatility PE must provide access to growth PE must provide access to innovation the renewed pursuit of upside
LP community – professional perspective Institutional Limited Partners Association (ILPA) Private Equity Investors Association (PEIA) BVCA and EVCA this is one asset class, LPs and GPs are in this together
LP community – institutional perspective Principles of Responsible Investment (UNPRI) Association of Investment Managers (AIM) ABI and NAPF PE is just one asset class, to attract strategic weighting it must deliver financial and non-financial performance
In summary, emergence of the agile LP - the herd is dead renewed pursuit of upside - access to growth and innovation LP/GP dawning realisation - one asset class, one ecosystem allocation - financial performance, non-financial permission
You need us, and we need you. Jo Saver needs us both. So lets keep adapting. And lets keep it working.