Generation Investment Management, the firm founded by David Blood and former U.S. Vice President Al Gore (Trades, Portfolio), disclosed last week that its four new holdings for the fourth quarter of 2019 were Baxter International Inc. (NYSE:BAX), Illumina Inc. (NASDAQ:ILMN), Penumbra Inc. (NYSE:PEN) and CBRE Group Inc. (NYSE:CBRE). The London-based fund applies a long-term investment perspective, focusing on sustainability within markets with companies that strategically manage their...

Operating adjacent to the shadows has allowed the private equity industry to grow with only limited political and public scrutiny for many years. That era of salutary neglect now appears to be coming to an end. As public and political scrutiny intensifies, private equity players will have to learn to adapt - or perish. Warren on the warpath Private equity has been thrown into the spotlight of late thanks in large part to the efforts of Senator Elizabeth Warren of Massachusetts. The Democratic...

Private Equity International's (Preqin) winter survey of limited partner (LP) sentiment, published Dec. 6, has highlighted a number of factors influencing allocators' attitudes toward private equity as an asset class heading into 2020. As I discussed previously in "Private Equity 2020: Allocators Show Mixed Outlook," chief among these factors are fee-related conflict, late-cycle style drift and increasing recession risk, which have all served to curb allocators' enthusiasm for private equity...