SL Capital finances private equity research chair at Oxford University
SL Capital Partners, one of Europe’s largest private equity funds of funds managers, has partnered with the Oxford University Private Equity Institute at Saïd Business School, to create an additional research position at the institute.
It joins the ranks of fellow alternatives managers such as hedge funds Winton Capital and Man in having strong ties with unfettered academic research entities in the UK.
SL Capital will contribute finance, initially over three years, to support the PEI’s fellowship. It will also take a seat on the institute’s advisory board and provide data and input to the institute’s research plans.
The institute’s research aims to evaluate the risks, returns and characteristics of the asset class, and its role in the post-financial global economy, SL said.
SL Capital will also support teaching, executive courses and conferences at the two-year old institute.
The $8.9bn group, which invests in private equity via 16 funds, said its aim in providing the post-doctoral position and other assistance was to “increase awareness and understanding of private equity amongst key investor audiences”.
Professor Tim Jenkinson, director of the institute, said: “It is essential to the industry that there is independent, informed and unbiased research which can inform the work of practitioners, policy makers and others with an interest in private equity.”
David Currie, SL’s CEO (pictured) said: “We are keen to support the important work of the institute and to share our industry knowledge and expertise with its researchers and students. The private equity industry needs more rigorous analysis and research to convince investors of the merit of the asset class as a way to enhance performance and the quality of their portfolios.”