Kirk Falconer

Hunter Point Capital lands $2.66bn for first-time GP stakes fund

If wrapped up at its present size, Hunter Point Capital Fund I would already be among the 10 largest GP stakes pools, according to Buyouts data.

Brookfield builds out deal portfolio to advance long-duration strategy

Recent investing by Brookfield has informed its plans for a long-term strategy. The firm is exploring more deals “outside of a fund structure,” David Aiken, head of long-term equities, told Buyouts.

Blackstone targets $10bn for new US direct lending fund

The fund's strategy will likely borrow, sources told Buyouts, from Blackstone Private Credit Fund – widely known as BCRED – a business development company formed in 2020 for individual investors.

Off-duty: Hunter Point's Avi Kalichstein on tickling the ivories, fresh guacamole and listening to the waves crash

Kalichstein opted for a career in private equity because it offers “a never-ending bounty of opportunity to learn and grow.”

KKR’s inaugural Ascendant vehicle rakes in initial $1.9bn

KKR Ascendant Fund is likely one of several new adjacencies the firm has created to capture deal flow in niche and smaller spaces no longer suitable to its ever-growing flagship strategy.

Distressed shop GDA Luma set to launch, anchored by billionaires Boehly, Claure

GDA Luma is the brainchild of Gabriel de Alba, who for more than 25 years has been a control/influence investor in complex, distressed and special situations deals, including as a partner with Catalyst Capital.

Seidler's $1.25bn Fund VIII passes finish line in less than 90 days

What makes Fund VIII’s experience unique is the rocky market backdrop. Because of tight LP supply, GPs took an average of 11.2 months to close funds in 2022, the longest timeline in more than a decade.

Deal of the Year: KKR's exit of CHI Overhead Doors

KKR does well by doing good as it shares the wealth with workers and CHI as part of its employee ownership program.

Tech investor Accel-KKR closes Fund VII at $4.4bn, second small-cap pool at $920m

“It’s a great time to have capital,” managing partner Tom Barnds told Buyouts. “It puts us on the front foot of supporting existing businesses and going after new platforms.”

Ares targets $5bn in rollout of sophomore Pathfinder fund

A key aspect of the debut Pathfinder fund is its social impact pledge, with Ares committing to donate at least 10% of the vehicle’s carried interest profits to global health and education charities. Fund II is expected to take a similar approach.