Adam Le & Toby Mitchenall

Cinven hits €10bn hard-cap on Fund VII

The European private equity stalwart's latest fund is the second-biggest capital raise this year.

The carried interest model could be improved. Here’s why it won’t be

Making LPAs more akin to contracts between fund managers and their portfolio company execs would lead to better GP-LP alignment.

Apax pulls GP-led deal

The buyout firm is no longer proceeding with its proposal to move assets from Apax Europe VII into a continuation vehicle, sister title Secondaries Investor has learned.