Chris Witkowsky
AI uncertainty is challenging firm formation in the software space, says GEM’s Caroline Dallas.
University of Chicago has implemented a cost-cutting program that includes eliminating staff positions to help shore up its financial position.
The global fundraising market saw its most muted first half since the covid-19 pandemic with $383.6bn raised in H1 2025, according to PEI data.
Available secondaries capital grew to a record high of $302bn in the first half, with aggregate NAV of retail vehicles managed by secondaries investors surpassing $80bn as of March, according to a report from Jefferies.
LPs in drawdown funds are right to question how their exposure to investments will be affected by semi-liquid capital investing in the same deals.
The mid-market strategy will be led by managing directors John DiCola and Francesco Casiraghi.
NYC’s pension system is preparing to deploy $7bn-$8bn into private equity, a signal that despite setbacks and what many LPs consider underperformance of late, a top investor is fully on board with the asset class.
LA Fire and Police Pension is not alone in sudden concern for an acronym that has become a flashpoint of controversy in America’s culture wars.
As some portfolio companies have grown beyond expectations, GPs are seeking exit alternatives.
The firm last year brought on Leon Brujis, a former Palladium Equity executive, to lead its New York office.