Kirk Falconer

Palladium adds to leadership diversity with hire of Riverside’s Bronner

Bronner’s hire perhaps signals Palladium’s interest in launching a sixth flagship offering. The New York firm declined to comment.

Neuberger raises initial $1.2bn of fourth debt fund’s $3bn target

NB Private Debt Fund IV is already approaching the size of its predecessor, closed in 2019 at $1.7bn.

Ontario Teachers’ PE return tops benchmark in 2020 despite covid fallout

Ontario Teachers’ last year saw a change in its top PE leadership, with Karen Frank, previously CEO of Barclays Private Bank, replacing longtime head Jane Rowe.

Deal of the Year: Thoma Bravo with Ellie Mae

Thoma Bravo earns our top prize for its sale of Ellie Mae for a cool $11bn after purchasing it for $3.7bn only 18 months earlier.

Tech private equity fundraising strong out of the gate in Q1

Spurred by a post-pandemic recovery, tech fundraising this year and beyond could outdo recent trends. If so, the $55bn collected in Q1 is perhaps a harbinger.

Azimut GP stakes deal helps launch Bezos family-backed PE fund

The partnership between Azimut Alternative Capital Partners and HighPost Capital will include “a capital-raising relationship,” sources told Buyouts.

Orangewood, led by former Carlyle exec Goldfarb, lands $300m for Fund II

Fund II will build on Orangewood’s deal-by-deal activity by investing in special situation and growth-oriented opportunities in non-discretionary healthcare, consumer and multi-unit sectors.

LP appetite for distressed fuels Banner Ridge’s $300m primary fundraise

“The market came to us,” Banner Ridge managing partner Anthony Cusano told Buyouts. “We could have raised more than $300 million.”

Lightyear poised to raise biggest flagship yet, as Fund V nabs $1.27bn

The amount raised so far already makes Fund V larger than its predecessor, which closed in 2017 at just over $1bn.

Huron Capital’s Jim Mahoney: Succession about ‘staying true to our roots’

Jim Mahoney, Huron's new managing partner, spoke with Buyouts about how the firm's succession plan prepares it for the years ahead.