Kirk Falconer

A ray of hope shines on emerging managers in grim fundraising market

The Buyouts Emerging Manager Survey, conducted in partnership with Gen II Fund Services, was released this week.

Turn/River steps up with $2bn target for latest software fund

Turn/River in September announced a major agreement to sell Redwood Software, an automation fabric solutions provider, to Vista Equity Partners and Warburg Pincus.

Will exit activity surge or sputter in 2025?

Because of their significance to the private equity industry, there will be a lot of eyes on exit trends in the months ahead.

Novacap sets $2.75bn target for latest flagship tech fund

Along with targeting a larger fund size, Novacap aims to wrap up the new flagship in a single closing in the first quarter of next year, according to pension documents.

Investcorp’s GP stakes arm to ‘evangelize’ employee ownership in mid-market

Last week, Investcorp Strategic Capital Group announced it had joined Ownership Works, making it the shared ownership organization's first GP staking partner.

'Interesting buyers' market': Five experts on what lies ahead

Will a drab 2024 market turn into a more fruitful 2025? Our panel of insiders share their insights and try to discern what's going on with the 'bottom of the iceberg' in a variety of areas.

GPs with growth-oriented capabilities will create most value: TPG’s Raj

Nehal Raj, co-managing partner of TPG Capital, says operating teams are still in the 'early days' of specialization.

Mid-market buyout shop JLL Partners targets $900m for Fund IX

New Jersey Division of Investment, a long-time investor in JLL funds, is committing $200m to the new flagship, accounting for more than one-fifth of the target.

AIMCo’s private market expansion was ‘excuse’ for leadership purge

A large share of AIMCo costs deemed excessive by government authorities were incurred to ramp up the pension system’s exposure to alternative assets, sources said.

Bain Capital raises $9bn for special situations platform, closes Fund II

The Boston firm last month closed Bain Capital Global Special Situations Fund II at $4.1bn, ahead of its target, sources told Buyouts.