Kirk Falconer

OpenGate part of fresh crop of GPs to join Ownership Works

Employee ownership serves OpenGate’s performance objectives, managing partner Andrew Nikou said, as it emphasizes financial literacy and encourages workers 'to think like owners.'

Off-duty: Searchlight’s Erol Uzumeri on being a coffee fanatic, Pilates and eggplant

Uzumeri tells us about his dream job as a coffee shop owner, his 'happy place' in Turkey and the value of surrounding oneself with talented people.

Blackstone sees highest quarter for private wealth inflows

The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.

Charlesbank targets $1.1bn for sophomore small-cap tech fund

Charlesbank launched its dedicated tech strategy in 2018 with the hires of Darren Battistoni and Hiren Mankodi, both veteran tech investors.

New Mountain shoots past $12bn target for seventh flagship

At $12.4bn, the flagship is already the largest in New Mountain’s 25-year history, exceeding by 29% the size of its 2020-vintage predecessor.

Tenex rolls out $1.6bn Fund IV, prepares for leadership succession

Tenex is 'in the process of creating a succession plan' for CEO and managing director Mike Green, pension documents said. Green founded the firm's predecessor in 1999.

Warren Equity closes second small-cap infra solutions fund at $550m

Warren was a 'first mover' in its space, managing partner Steven Wacaster said, targeting thematic opportunities in businesses that maintain, operate and upgrade infrastructure.

Turnaround Deal of the Year: Ares Management and Savers Value Village

Ares made it rain during an IPO drought when it brought Savers Value Village to market.

Lucrative exits help Cortec get $3.2bn Fund VIII to the finish line

During fundraising, exits involving GroundWorks and Chauvet generated a 4.9x gross multiple and a 6.5x gross multiple, respectively, Cortec co-president Dave Schnadig told Buyouts.

Off-duty: Arsenal’s Joelle Marquis on football, chocolate-covered popcorn and her dream job as POTUS chief of staff

Marquis tells us about her other dream job as NFL commissioner, her extensive work with not-for-profits and why she dislikes the phrase ‘lipstick on a pig.’