Veteran buyout house Mason Wells scores biggest fundraise yet, continues US Midwest strategy
Mason Wells has hauled in $767m for the final close of its biggest ever fund, as it looks to boost its investments across the US Midwest.
Mason Wells has hauled in $767m for the final close of its biggest ever fund, as it looks to boost its investments across the US Midwest.
Private equity firms face an uphill battle to convert new LP relationships into committed capital this year, as the coronavirus crisis skews limited partner attention towards re-ups and existing relationships, new research suggests.
Secondaries private equity specialist Whitehorse Liquidity Partners is reportedly already eyeing $3bn for a new fundraise - just a few months after closing its $2bn third fund.
US private equity giant Blackstone has slashed its previously agreed buyout offer for Dutch bank NIBC by about 25% due to the coronavirus crisis.
True Ventures is already back in the market eyeing more than $750m across a pair of new funds, less than two years after closing its predecessor vehicles in the strategies.
More than 90% of private equity fund managers are predicting a rise in the volume of distressed dealmaking over the next 12 months amid the fallout from the coronavirus crisis - but it may not
