Alex Lynn

Temasek-linked Vertex scales back ambitions with new growth fund

The $250m sought for Vertex Growth III would make it at least 40% smaller than its predecessor.

DOWNLOAD: A record Q2 for PE fundraising

Inflows during the period were disproportionately buoyed by the $49bn raised for MGX Fund I in June.

AI is making its mark on PE fundraising

MGX’s $49bn fundraise underscores AI’s disproportionate influence on LP allocations.

Deep Dive: How AI is upending private equity's software sweethearts

This year’s ‘SaaSpocalypse’ has exposed the vulnerability and deepening uncertainty of outcomes in a much-beloved sector. Investors must work quickly to identify managers capable of thriving in the age of AI.

Carlyle launches dedicated defence, reindustrialisation fund

Carlyle Defense and Reindustrialization Partners was registered in June.

Carlyle seeks a PE comeback

‘It’s actually remarkable how much better that business is,’ global PE head John Redett says of the firm’s US overhaul.

EQT: ‘There’s so much more to do in Asia’

An early-stage SMA is serving as proof of concept for a dedicated strategy in the region, newly appointed APAC co-heads Hari Gopalakrishnan and Nicholas Macksey tell PEI.

Has Asia-Pacific reached its PEI 300 nadir?

The number of regional firms continued to slide in the latest ranking, albeit at a slower rate than in prior years.

HarbourVest: Software secondaries getting harder to close

While some software businesses are poised to become stronger on the back of a wave of AI innovation, there will be others that suffer or become obsolete, says managing director Jeff Keay.

M&G spies opportunities at borders of Europe’s defence push

Private capital could play a role in bolstering Europe’s energy resilience, catalysing its tech industry and financing the conversion of manufacturing facilities, M&G private markets CIO Emmanuel Deblanc tells PEI.