Chris Witkowsky

When portfolio companies become too big to exit

As some portfolio companies have grown beyond expectations, GPs are seeking exit alternatives.

Temasek-backed 65 Equity searches for North American chief after departure

The firm last year brought on Leon Brujis, a former Palladium Equity executive, to lead its New York office.

LPs battle overallocations in slow exit market

Instead of a flood of LPs backing away from the asset class, there appears to be some tactical manoeuvring to help institutional portfolios stay in balance.

LPs push back on GPs’ approach to deal fee offsets

Some LPs have been frustrated by what they describe as a loophole in the GPs’ ostensible 80-100% management fee offset.

Hellman & Friedman holds final close on flagship on more than $22bn

The firm also closed a large secondary deal that raised about $2.1bn, which the firm combines to consider a total fundraising of more than $24bn, sources told affiliate title Buyouts.

Grafine Partners, built to support emerging managers, hits $600m final close on debut

Emerging manager fundraising is down, with first-time funds globally raising around $25bn last year, compared with $47.6bn in 2022, according to data from affiliate title Buyouts

NYC pension LP says tougher fundraising environment healthy for the industry

In a conversation with Warburg Pincus CEO Chip Kaye, Eneasz Kadziela, the head of private equity with the New York City comptroller, said the frantic fundraising pace of 2021 was something of a burden for LPs.

Seeded primaries emerge as strategy to counter tough fundraising

Two first-time managers at PEI's NEXUS 2024 conference share their experiences of starting their own firms and the challenges they have faced – especially trying to convince limited partners to come on board.

LP co-investors seeking continuation fund protections

With fundraising sluggish and GPs often desperate for capital, LPs are in a stronger position to demand certain concessions on their ‘no-fee’ co-investments.

Wisconsin’s Chris Eckerman on fundraising, co-investing in today’s market

State of Wisconsin Investment Board’s head of co-investments discusses the state of the PE market this year and how the slow fundraising environment is impacting things like term negotiations and co-investing opportunities.