Maverix's $500m debut tech growth equity fund, recently anchored by five institutional LPs, is now heading for a $350m initial close in June.
3 min read · 03 May 2021
For Anthony Tutrone, the spinoff of NB Alternatives’ highest-profile unit is one more chapter in a rapidly evolving market.
10 min read · 03 May 2021
Fundraising by North American private equity firms in Q1 2021 represented the biggest haul ever, as the market anticipates a post-pandemic recovery.
1 min read · 29 April 2021
“Illiquid credit led the way toward recovery last year,” Popov told Buyouts. “It will retain its importance going forward as a necessary ingredient of recovery.”
4 min read · 27 April 2021
Tenex’s origins stretch back to 1999, when CEO Michael Green launched a fund to invest in underperforming mid-market businesses. It was later acquired by Cerberus.
2 min read · 26 April 2021
K1's latest flagship could be part of more record-breaking tech fundraising this year. Activity was strong out the gate in Q1, with 102 funds collecting $65bn.
3 min read · 22 April 2021
Atiyah’s departure is the second this year from OMERS Private Equity. Tim Patterson, an 11-year veteran of the firm and head of its healthcare team, left in January.
2 min read · 20 April 2021
Formentera’s strategy is not the traditional energy PE model, sources told Buyouts. It will instead focus on acquiring producing assets from operators who are motivated to sell.
2 min read · 19 April 2021
With the closing, Fund II is 79% larger than Brightstar’s inaugural fund, which collected $710m in 2018.
2 min read · 15 April 2021
IMCO generated a one-year net return of 34.2% from its PE investments last year, easily outperforming a benchmark of 9.3%.
3 min read · 14 April 2021