The new spin in private equity access: Strategic accounts

Separately managed accounts, which have become much more visible in the industry recently, are helping to set new standards in the GP/LP relationship, writes Tara Blackburn of Hamilton Lane.

As private equity investors return to a somewhat more “normalised” fundraising environment after the financial crisis several years ago, a new set of standards started its way onto the private equity landscape.

“Big” private equity allocators have been establishing a new playing field with these new standards, which involve captive, specialised investment mandates, and will likely have a long-term effect on private equity terms.

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