Secondaries market players are expecting to see increased opportunities in LP stakes alongside a cooling off of GP-led deals in 2023, accompanied by an uptick in secondaries investors launching new strategies, attendees at IPEM in
Canadian GP Onex Partners is looking to raise around USD 8bn for its sixth fund, with a first close expected before the end of 2023, London-based senior managing director Nigel Wright told Unquote.
Public markets investors have been slamming on the brakes for the past 12 months as macro factors continue to weigh heavy on the global dealmaking and trading environment. But is a different picture appearing in
The $64.6bn-managing Maryland State Retirement & Pension System has picked a trio of major private equity fundraises among its latest $1.1bn of commitments. Thoma Bravo’s mammoth new software-focused private equity fund picked up $125m from
HarbourVest Partners has opened its first office in Australia amid increased demand for alternatives from LPs and rich individuals in the region, the firm said. The post HarbourVest launches first Australian office amid region’s growing
KKR is back in the market with its fourth debt fund, with eyes on up to $2bn for the vehicle amid a surge in LP demand for more risk-averse alternative asset classes. The post KKR
Munich-headquartered special situations fund-of-funds and co-investment vehicle manager YielCo is eyeing an increasing number of special situations opportunities, including in the mid-cap technology sector, founder and chairman Peter Laib told Unquote.
Whitehorse Liquidity Partners has kept up its lightning fundraises pace with a target-beating final close of a new secondaries fund looking to provide liquidity to GPs. The post Whitehorse boosts AUM to over $11.7bn with
Venture capital firm Lakestar has made a Luxembourg legal filing for Lakestar Growth II; the Luxembourg structure is expected to pave the way for European LPs to come into the fund, a source familiar with
Almost two-thirds of global investors are upping their dollar allocations to GP-led secondary recap transactions as firms look to navigate the increasingly muddy waters of inflation, recession and market turmoil. The post Investors are upping
Pension giant CalPERS has revealed an enormous $7.4bn of new commitments to alternative investment funds. The post CalPERS commits another $7.4bn to alts, picks Advent, Thoma Bravo, Silver Lake among big PE investments first appeared
Paris-headquartered Access Capital Partners (ACP) has held a EUR 306m final close for its second co-investment fund, which will continue the GP’s strategy of investing in small-cap European buyout vehicles.
MML Capital Partners and Metric Capital Partners have acquired a majority stake in French reusable packaging business Global Packaging Solutions (GPS).
German GP Auctus Capital has sold pharma services company PharmaLex to US-listed trade AmerisourceBergen for EUR 1.28bn.
Sustainability and net-zero focused VC investor Energy Impact Partners has hit a €390m final close for its debut European fund thanks to support from a string of prominent LPs. The post Energy Impact Partners raises
Bain Capital tech investment partner Hans Sherman is one of two new managing partners brought in by HIG Capital to help bolster its growth arm. The post HIG brings in ex-Bain Capital partner Sherman to
A team of three former Silverfleet Capital executives has banded together to set up Sophora Unternehmerkapital, targeting small cap opportunities across the DACH region. Managing partner Benjamin Hubner speaks to Unquote about the GP’s fundraising
Posted by Jessica Forbes, Philip Heimowitz, and Mark Highman, Fried, Frank, Harris, Shriver & Jacobson LLP, on Saturday, September 10, 2022 Editor's Note: Jessica Forbes and Philip Heimowitz are partners and Mark Highman is special
Norwegian pension fund Kommunal Landspensjonskasse has committed 2 billion Norwegian kroner ($199 million) to Quinbrook Infrastructure Partners III - Net Zero Power Fund, Pension & Investments reported quoting an email from spokesman Glenn Slydal Johansen.
While navigating the industry’s ups and downs, Chris Randolph of South Street Partners says his firm has learned that “you can’t rinse and repeat.”
