Kirk Falconer

Brookfield savors the perks of growing product lines

Among the firm's forthcoming initiatives is a Middle East private equity fund, intended to “leverage our deep relationships” in the region, president Connor Teskey said.

DOWNLOAD: Private equity fundraising dips further in 2023, closings at five-year low

A total of $559bn was raised by buyout, growth equity, secondaries, venture capital and other funds last year, down 9% from the $611bn secured in 2022. Fund closings dropped more significantly, down 17%.

Brookfield promotes Anuj Ranjan to lead $140bn private equity unit

Ranjan, based in the firm’s London office, inherits a much more extensive private equity business than existed just two years ago.

Anuj Ranjan tapped to lead Brookfield’s private equity business

Ranjan, based in the firm’s London office, inherits a much more extensive private equity business than existed just two years ago.

Time and patience are the ace in the hole for LPs

There's a shift in the ongoing dynamic between LPs and GPs, with the former rediscovering leverage as a result of the sluggish market.

Star tech investor Chip Schorr departs One Equity to launch new firm

Schorr, who left OEP this month, is expected to remain 'an active technology investor,' sources said, with the aim of launching a new private equity firm 'in the very near future.'

OceanSound hires former TCV, Blackstone IR exec Julie Marracino

“The OceanSound story is a compelling and differentiated one and there is no substitute for having an internal investor relations executive to tell that story to the marketplace,” managing partner Joe Benavides said.

Blackstone's Gray: We're not going to let the election dissuade us

Still, some sectors will be more impacted than others as a result of potentially protectionist policies, according to the firm's president and COO.

Blackstone’s Tac Opps pool tops $9bn, ninth flagship inches (a little) higher

Blackstone Tactical Opportunities Fund IV raised $4bn in side-car capital, sources told Buyouts, adding to the $5.2bn secured in the vehicle's close last summer.

WestCap recruits Blackstone's Michael Sotirhos for newly created IR role

Sotirhos will lead the investor relations team and co-investment process, with a focus on broadening the LP base and expanding into new markets in Europe, the Middle East and Australasia.