When social-impact investing (SII) first surfaced as a concept in the early to mid-2000s, the general impression was that it was about charitable giving and not investment fundamentals. But an array of new investment products is demonstrating there is a growing appetite by investors of all kinds – pension funds, governments and retail investors – to use their investment dollars to target critical societal needs. In a PE Hub Canada feature article, Shahir Guindi and Dale Ponder, national co-chairs of Osler, Hoskin & Harcourt LLP, explore the rise of SII investing and highlight recent initiatives linking the pursuit of business and financial priorities with positive social-impact objectives.
Public-style private deals, or private company M&A deals that have risk allocation constructs that are similar to public company acquisitions, are increasingly being seen in Canada, especially in large and high profile private equity transactions, writes Shahir Guindi, national co-chair of Osler, Hoskin & Harcourt LLP. As a result, sellers have sometimes been able to insist on placing more risk on the buyer. In a PE Hub Canada feature article, Guindi says it’s important for PE firms and other buyers to understand the implications of this trend, and for sellers to understand the opportunity.
In today’s intensely competitive deal climate, auctions are difficult to avoid, writes Shahir Guindi, national co-chair of Osler, Hoskin & Harcourt LLP. In looking to stand out from a crowd of bidders, private equity firms should be strategic and proactive in their approach, including to help differentiate themselves and increase their likelihood of a successful deal. In a PE Hub Canada feature article, Guindi outlines four strategies that can give PE buyers a competitive advantage in a typical auction process.
Co-investment was a hot topic at last month’s PartnerConnect East 2018 conference in Boston, writes Shahir Guindi, national co-chair of Osler, Hoskin & Harcourt LLP. That’s because guidance from the SEC on how co-investment opportunities should be allocated by U.S. private equity firms has big implications for American GPs and their investors. In a PE Hub Canada feature article, Guindi argues that while SEC guidance, which calls for written policies and transparency on how GPs designate co-investment rights, does not technically apply in Canada, Canadian GPs should consider proactively how they might comply with the framework.
Recent events at certain venture capital firms in Silicon Valley have brought into focus the importance of VC and private equity firms adopting codes of conduct that explicitly address personal and sexual harassment. In a PE Hub Canada feature article, Osler, Hoskin & Harcourt LLP‘s Shahir Guindi, Chima Ubani, Lauren Tomasich and Steven Dickie argue that strong, clearly defined and enforceable codes of conduct that apply to the workplace environment as well as interactions with portfolio companies should be the baseline for any VC or PE firm doing business in Canada.