Dealmaking

Amid a PE industry slump, NYC pension has billions for deals and funds

NYC’s pension system is preparing to deploy $7bn-$8bn into private equity, a signal that despite setbacks and what many LPs consider underperformance of late, a top investor is fully on board with the asset class.

Women in PE: The class of 2025: Melissa Dickerson from Genstar Capital, Kerstin Dittmar from L2 Point and Raudline Etienne from Daraja Capital are among those honored

Congratulations to the Women in PE: The class of 2025! Each year, the special report from PE Hub and Buyouts showcases10 individuals who stand out in the private equity industry. For the next few days in the US Wire, we’ll feature their profiles, in alphabetical order. Today, we’re shining the spotlight on Melissa Dickerson from Genstar Capital, Kerstin Dittmar from L2 Point and Raudline Etienne from Daraja Capital.

PE experts share tips on navigating rate environment; EQT in $5.5bn offer for Swedish software biz

EQT and First Kraft have made a Skr54.9 billion ($5.5 billion; €5.0 billion) offer for Fortnox.

Private equity firms adapting to lower MOICs on deals, says Reach Capital

‘LPs now would favor a slightly lower return with a current distribution than a potential higher return in a future distribution,’ says managing partner William Barrett.

PE’s ‘new normal’: 5 lessons interest rate cycles have taught us

Over the last four years, investors have seen interest rates climb and now start to fall. As another cycle draws to a close, private equity must learn lessons from the past.

Allison Klazkin, Cortec Group: Women in Private Equity 2025

Klazkin joined the firm as its first female investment associate in 2009, and in 2023 became its first, and only, female partner.

Brooke Sorensen, Apollo Global Management: Women in Private Equity 2025

At Apollo, Sorensen oversees a 25-person global team and led the fundraising for Apollo’s most recent flagship private equity fund, which closed at $20bn in 2023.

Joelle Marquis, Arsenal Capital Partners: Women in Private Equity 2025

Last February, Marquis was named president of Arsenal, after building and leading the firm’s human capital function and serving as co-head of the firm’s operating team.

Neha Jatar, EQT: Women in Private Equity 2025

Her work has been instrumental in expanding and driving the success of EQT’s real assets business in North America. Jatar has contributed to 10 platform and add-on deals since joining the firm.

Katie Ossman, Water Street Healthcare Partners: Women in Private Equity 2025

Ossman helps lead the firm’s investment efforts across medical products and diagnostic services and is helping the firm to invest its fifth fund.