Kirk Falconer

Off-duty: Wafra’s Sumana Setty on racket sports, French jazz and ‘future-proofing’ private equity

Setty tells us about her dream job as CEO of Global Citizen, her love of all things French and why focusing on the J-curve has its shortcomings.

Insight Partners secures north of $10bn for Fund XIII

The flagship fund, targeting $12.5bn with a $15bn hard-cap, is expected to hold a final close in the early months of 2025, sources say.

CPP Investments taps Caitlin Gubbels to lead global private equity

In taking over from Suyi Kim, Gubbels will become CPP Investments’ second consecutive female private equity head.

Onex raises $1.8bn for latest mid-market fund, new flagship bridge vehicle

Onex Partners Opportunities Fund, unveiled in late 2023, is a bridge vehicle intended to enable Onex to make a handful of investments until it resumes flagship fundraising.

Brookfield hits $1trn of AUM with continuing fundraising surge

The firm raised $68bn in Q2, bringing inflows over the past 12 months to $140bn, Brookfield’s highest ever in a 12-month period.

DOWNLOAD: Private equity inflows pick up in Q2, fund closings continue decline

Buyout, growth equity, venture capital, secondaries and other private equity funds raised $254bn in the first half, nearly matching the results of a year earlier.

Time on the road continues to tell the story of a slow fundraising market

The amount of time spent raising a North American private equity fund is one of the best indicators of where the market is – and where it is going.

Platinum Equity nabs $12.6bn for latest flagship buyout fund

With the raise, the flagship is the biggest in Platinum’s 29-year history, exceeding by 26% its 2019-vintage predecessor.

KKR ‘turning away’ LPs keen on oversubscribed Ascendant Fund

The fund oversubscribed on its $4.6 billion hard-cap, head of investor relations Craig Larson said, putting KKR in 'a pretty advantageous spot at the moment.'

When will private equity get out of its fundraising rut?

It could be '12 to 18 months out' before deal and exit volumes reach the levels necessary to support improved fundraising conditions, HarbourVest managing director Scott Voss told Buyouts.