UK private equity firms sharply increase use of offshore funds
University of Glasgow researcher says trend raises transparency concerns for investors
University of Glasgow researcher says trend raises transparency concerns for investors

Surge of investment has raised concerns about whether advisers adequately explain illiquidity risk

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients

Firms are still struggling to deal with a lack of exits from their investments

Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’