Archive - Jonathan’s Substack

Single and multi-asset continuation vehicles here to stay.

Christine Patrinos, of placement agent Monument Group, says deals to date are barely scratching the surface of trophy assets PE firms want to hold onto…

Aug 13 •

Jonathan Braude

30:44

July 2025

PE has more assets than possible buyers.

W Capital's David Wachter says longer holds and partial exits through continuation funds and minority stake sales will be critical to the long-term…

Jul 4 •

Jonathan Braude

25:16

June 2025

Energy demand in the US will grow, whatever the regulatory restraints

Izzet Bensusan, CEO of Captona says the U.S. is the best location for energy investment, with legal and long term certainty - whatever the short term…

Jun 26 •

Jonathan Braude

24:23

May 2025

Private equity will likely focus more on Europe as US uncertainty persists

Houlihan Lokey's Andy Lund says European strategies are "suddenly more of interest" because of perceived stability here and as the margin between…

May 6 •

Jonathan Braude

25:32

April 2025

Family offices eye direct investment in the PE mid-market

Listen now | Goodwin Procter lawyers George Weavil and Ian Keefe tell PE in a Pod that family offices are increasingly looking for direct exposure to…

Apr 24 •

Jonathan Braude

22:22

Multiple-family office manager prefers closed-end funds, cautions on evergreens

Stonehage Fleming's Matt Powley says private investors may see the words private market and liquidity and think they can have liquid private markets…

Apr 16 •

Jonathan Braude

29:06

Pension fund consolidation will boost private equity, infrastructure, not venture or innovation

Amadeus Capital's Anne Glover says funds with tens of billions under management won't invest in early stage venture capital funds or start-ups

Apr 2 •

Jonathan Braude

23:01

March 2025

A giant leap for PE in a Pod

One small step for mankind.

Mar 5 •

Jonathan Braude

February 2025

Imaptient LPs tell PE managers to deliver distributions, after year when 40% of disposal processes were pulled.

But, on the day of President Macron's AI Summit, Verdier & Co's Jean-Philippe Verdier says the industry's rapid adoption of AI applications is improving…

Feb 12 •

Jonathan Braude

26:12

US follows UK in proposing to tax carried interest as income rather than capital gains

Donald Trump isn't the first US president to try this, Dechert lawyers say, but he may be the first to succeed. Meanwhile, UK Chancellor Rachel Reeves…

Feb 10 •

Jonathan Braude

31:29

Swords and ploughshares: Investing in dual-use technologies for British government agencies.

Future Planet manages the UK government's seed investments in defence, space and engineering biology. Executive chair Douglas Hansen-Luke says there's…

Feb 4 •

Jonathan Braude

25:00

January 2025

Britain updates private equity's Walker Guidelines to enhance transparency in portfolio company reporting

Reporting Group chair Nick Land says UK PE firms willingly double down on environmental and diversity disclosure guidelinesbut its 'not in the DNA' of…

Jan 31 •

Jonathan Braude

27:14

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