February 2023: Colin Leopold explores private equity fund valuations in a new report for Private Equity Wire. Volatility in public stock values and 2022 double digit falls in all primary equity indices raise questions over private portfolio valuations that investors should pay attention to. Patrick Ghali and others contribute to Colin’s research for this timely PEW report. In an accompanying news article, linked here, Colin highlights current industry perspectives on this issue, whilst the full report can be requested and downloaded from PEW via the top link above.
13 February 2023: P&I reports on a muted appetite for hedge funds amongst US public pension funds despite strong outperformance of stocks and bond returns in 2022. Patrick Ghali contributes. Click here for the full article.
08 February 2023: Sussex Partners, a global investment advisory firm that specialises in hedge funds and alternative investment asset classes, has appointed Kanji Kikuchi as a Partner to support the firm’s outreach in the Japanese market. Sussex Partners has been engaged with Japan since the firm’s inception in 2003, and is a strong supporter of local market hedge funds and the alpha opportunity they represent.
Kikuchi joins Sussex Partners from Credit Suisse Securities in Tokyo where he was Head of Fund Solutions for the firm’s private banking clients. Prior to Credit Suisse, Kikuchi worked in alternative investment sales and structured solutions at Merrill Lynch, BNP Paribas and, earlier, at Mizuho Securities in Tokyo. He brings to Sussex Partners close to 30 years’ experience of the Japan investments market.
Patrick Ghali, Managing Partner of Sussex Partners, commented “Tokyo is home to so many sophisticated and forward-looking investing institutions. Kikuchi brings a wealth of local market experience and relationships to Sussex Partners and we welcome the opportunity through him to extend and deepen our engagement with Japanese investors”.
Sussex Partners is an independent global investment consultancy dedicated exclusively to advising clients on allocation to hedge funds and alternative investments. Sussex Partners adopts a highly discretionary approach and seeks to select only outstanding funds that can become long-term foundations of diversified portfolios. Sussex Partners advises institutional investors including pension funds, private banks, family offices and wealth managers. The firm will celebrate its 20th anniversary this year.