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Lara El Hanouni, MBA
Technology Recruitment & Executive Search
Lara El Hanouni is a Senior Manager of Client Engagement at Press & Associates, a boutique executive search firm. She holds an MBA and has a strong background in technology, particularly in software engineering, architecture, and product design. Her experience spans working with mid-market clients to enhance their business operations through effective technology solutions.14
Before joining Press & Associates in March 2023, she had significant roles at Vaco, where she contributed to client success and engagement.24 Lara is also active on LinkedIn, where she shares insights on industry trends, including the impact of Generative AI on telecommunications.3
Highlights
Interesting read about how #GoogleCloud is leveraging Mandiant's threat intelligence and #AI to automate threat hunting and enhance security operations. Here's a summary:
🔒 Google Cloud is amplifying its security prowess by integrating #Mandiant's threat intelligence and services, marking a significant milestone one year after the $5.4 billion acquisition of the incident response and threat intelligence firm.
🔍 The newly introduced Mandiant Hunt for Chronicle Security Operations offers a managed threat hunting service that combines Mandiant's intelligence with Google's security information and event management (SIEM) and security orchestration, automation, and response (SOAR) capabilities.
🎙️ According to Kevin Mandia, CEO of Mandiant, this collaboration is akin to instantly adding numerous security experts to your team, allowing organizations to proactively address threats before they disrupt their operations.
🤖 Google Cloud is further bolstering its security framework with Duet AI, a generative artificial intelligence technology. This innovation enhances security analysts' efficiency by generating threat summaries, identifying patterns, and recommending actions based on alerts, significantly streamlining the response process.
🚀 The integration of Mandiant's intelligence and Duet AI into Google Cloud's security products is currently available in preview, with full rollout anticipated later this year. This strategic move reinforces Google Cloud's commitment to offering comprehensive security solutions through a blend of acquisitions and internal advancements.
#privateequity #privateequityfirms
How do PE firms ensure equitability among LPs amid extended fundraising deadlines and delayed LP commitments? Should they exclude later LPs from early deals?
🔍 Private Equity GPs are encountering an extended fundraising landscape with many funds seeking more time to secure capital.
📈 Amid the challenging fundraising environment, the market has seen a rise in provisions allowing fundraising deadlines to be pushed up to 18 months or even longer.
🔄 This adjustment recognizes the evolving reality where fundraising is taking more time than before. This extended period offers GPs a cushion to navigate the current market conditions, fostering a more lenient approach to fundraising timelines.
🌐 The shift also acknowledges the changing landscape of investor behavior, with many LPs delaying their commitment until the fund shows performance.
Here is what Kari Harris, chair of the investment funds practice at #Mintz, had to say regarding equitability:
📊 While longer fundraising processes aim to ensure a meaningful first close and equitable participation for all LPs, the trend brings complexities in maintaining valuation consistency for later commitments.
⚖️ As fundraising timelines extend, the need to strike a balance between LP commitment and deal value fluctuations becomes more pronounced.
💰 When investors commit to a fund after the initial closing, they often need to pledge their contributions at cost, along with a minor interest payment. This practice compensates for the appreciation in the value of deals already present in the fund.
🔄 Within a 12-month fundraising period, this procedure is generally unproblematic as early investment valuations tend to remain relatively stable. However, as the fundraising timeline extends to 18 months or more, the value of deals could start fluctuating. For instance, within 18 months, a swift turnaround of a robust portfolio company might occur, potentially causing imbalance as longer fundraising durations progress.
🔒 LPAs are starting to include adjustments to deal with this possibility, including potentially excluding later LPs from early deals.
#PrivateEquity #PrivateEquityFirms #Fundraising
