Commentary

Private Equity Jobs of the Week: Black Dragon, Greycroft and Carlyle are hiring

This week’s jobs include a partner at Black Dragon and associates at Carlyle, Greycroft and Cantor Fitzgerald.

J. Crew files for bankruptcy, Dyal head Michael Rees speaks to benefits of GP stake funds in covid-19, life under quarantine with Palladium Equity's Adam Shebitz

The COVID-19 crisis has resulted in its first major retail bankruptcy: J. Crew.

The misconception around private equity cash reserves, Spectrum Equity buys co-parenting app, Linsalata spinout Provariant strikes first-ever deal

CD&R completes its buyout of Huntsworth and more on private equity and the dry powder fallacy

Consonance Capital breaks through fundraising drought; Social-distance PE walks with TA Associates

Consonance Capital raises $856 million for fund despite current downturn

Ways for GPs to find capital in tight liquidity environment, Consonance Capital explores emerging healthcare trends in pandemic, LACERS sees big rise in capital calls

Consonance Capital Partners wraps up its sophomore fund after only three months of fundraising and Virginia Retirement System will be fast-tracking its increased private equity target allocation due to the coronavirus.

Private equity circles Open Systems International, H.I.G. spinout American Pacific seals first deal, Exploring the politically-fueled proposed M&A ban

Open Systems international attracts private equity suitors and two well-known legislators seek an M&A ban during the pandemic.

Darren Abrahamson of Bain Capital Tech Opportunities on investing in the downturn, K1 to make 26x its money on Checkmarx stake sale, FTV Capital invests in Docuspace

Spectrum is raising a big fund and one of the founders of the private equity secondaries market passes away.

Bain Capital collects ~$2bn for distressed fund, PE firms get ready to host summer internships remotely, Podcast: Finding the deal flow and fund term amendments

Investors focus on behavioral health in the wake of the pandemic.

Blackstone raises billions amid pandemic downturn, ILPA to recommend boosting disclosure of capital call credit line usage, A pension rejects a recommended commitment

Blackstone reports strong fundraising numbers even as the COVID-19 outbreak began to take hold and Senate Majority Leader Mitch McConnell recommends states file for bankruptcy rather than seek federal relief.