In this Q&A, investment funds partner Joanne Huckle, who was
recently a guest speaker at GAIM Ops 2022 in the Cayman Islands,
discusses different structuring models for private equity firms,
plus how they are adapting their strategies and planning for the
future.
What are you seeing in terms of structuring in the
private equity market?
Historically, fund structure has been something that managers
have not wanted to use to showcase innovation or uniqueness. There
is a tried and tested formula as to how to structure private equity
funds and whilst managers want to show how their strategy is
different or how they have developed a proprietary deal flow, the
fund's structure isn't typically something managers want
to differentiate. In fact, an unusual structure could unnecessarily
prolong investor due diligence. Investors are very familiar with
the exempted limited partnership for Cayman PE funds, so why
reinvent the wheel and introduce the need to explain
