Kirk Falconer

Minority-owned Palladium sets $1.5bn target for new flagship fund

A key aspect of the firm's strategy is sourcing opportunities it believes 'would benefit from the growth of the US Hispanic population.'

Pritzker Private Capital seeks $3bn for family direct investing fund

The fund's predecessor, PPC III, closed in 2021 at $2.7bn, was then billed as one of the market’s largest family investment vehicles.

Off-duty: Hamilton Lane’s Mike Woollatt on Grunge, a good Manhattan and his dream job as an F1 team manager

Woollatt talks about his love of finding new spots to ski, his being an 'Italian wine with steak' type of guy, and why he dislikes overuse of the word 'proprietary.'

Ares targets $100bn AUM from private wealth fundraising by 2028

In recently paying fresh attention to private wealth, GPs, especially the largest ones, have discovered it represents a major opportunity.

Pritzker Private Capital seeks $3bn for new family direct investing fund

The fund's predecessor, PPC III, closed in 2021 at $2.7bn, was then billed as one of the market’s largest family investment vehicles.

LPs have mixed feelings about growing private market consolidation

A Coller Capital survey found 64% of LPs believe at least one of the private equity GPs they are currently invested with will merge with, or be acquired by, another GP in the next two years.

General Atlantic launches eighth flagship growth fund with $8bn target

The new flagship will set off a flurry of additional fundraising. Under General Atlantic’s complex capital structure, commingled funds are matched with five-year managed accounts and evergreen managed accounts.

Inovia raises most of new growth fund’s $450m target in first close

Inovia Growth Fund III held the close this month and will now focus on raising the rest of its $450m target, CEO Chris Arsenault told Buyouts, with a final close expected before the fall.

Summit Partners rolls out latest growth equity flagship, targets $9bn

Summit is targeting slightly more for Fund XII compared to its predecessor, wrapped up three years ago at $8.35bn.

RedBird spinout Otro targets $500m for sports-focused debut fund

Otro will make operationally oriented control and significant minority investments in sports-related businesses and assets, sources said, targeting dealflow mostly in North America and Western Europe.