News & Events

Jason Glover, Head of Simpson Thacher’s London Funds Practice, was quoted extensively in an article titled, “Fund formation in the era of mega-funds,” which was published by Private Equity International. The article addressed how factors including growing fund sizes and LP demands are putting pressure on fundraising timelines and leading to an increasingly challenging negotiation process for advisors. Jason explained that “There are a lot of investors that historically had a lot of power as significant investors in funds, and now find that changing,” as “mega-funds are growing at a faster rate than LPs are growing the size of their commitments.” He further noted that fundraising timelines are lengthening as a result of “newer investor types, such as private wealth managers,” that take longer to raise their own capital “in addition to time needed to overcome regulatory hurdles.”

To read the article, please click here (subscription required).