Kirk Falconer

GP back offices becoming overwhelmed by paperwork: Petra

'We went from everybody wants to have an ILPA template to everybody wants ILPA-plus,' Petra managing partner Stephen Coats told Buyouts.

Nebraska-born McCarthy Capital targets $700m for Fund VIII

Rolled out late last year, Fund VIII is set to be 31% larger than its predecessor, closed in 2020 at $535m, ahead of a $425m target.

Secondaries investor Kline Hill eyes $2.7bn for Fund V, second GP-led pool

The more ambitious goal may owe to an anticipated surge in secondaries investing, driven by pent-up demand, especially among cash-hungry LPs.

Nautic Partners steps up with $4bn target for Fund XI

Nautic Partners XI is set to bring in $1bn more than its predecessor, closed in 2021.

Tailoring private equity to private wealth

With greater GP interest in high-net-worth investors, a noteworthy trend is the formation of private equity-specific products tailored to the liquidity requirements of this source.

Off-duty: Charlesbank’s Mike Choe on Dungeness crab ramen, FOMO and 'All Eyez on Me'

Choe tells us about his cooking obsession, vacationing in Hawaii, and how difficult it is to avoid using private equity jargon that makes no sense.

Berkshire seeks $6.5bn for Fund XI, expected to close by summer

Raising $4.7bn as of January, Berkshire's 11th flagship buyout fund is expected to wrap up before the end of June.

Jaime Forsyth: Women in Private Equity | Monomoy Capital Partners, 2024

Starting out as an analyst at Monomoy, Forsyth has risen steadily in the ranks. She is now a partner and – at age 39 – head of the investment team.

Tricia Glynn: Women in Private Equity | Advent International, 2024

Glynn has worked in private equity for 20-plus years. Starting out in Goldman Sachs’ private equity group and at Bain Capital, she was hired by Advent in 2016.

Platinum Equity targets $1.75bn for second small-cap fund

The hard-cap for Platinum Equity Small Cap Fund II ranges from $2bn-$2.25bn.