Accel-KKR

Illinois Municipal Retirement Fund has committed to two buyout funds and outlined its future alternative asset allocations.

The California-based firm closed its fund at its hard-cap.

The US public pension has backed Intermediate Capital Group, Accel-KKR and Veritas Capital in its latest round of PE commitments.

The Californian firm will continue targeting small cap and lower midmarket software and IT-enabled services companies.

The mid-market technology firm surpassed its $250m target for its Structured Capital Partners Fund II.

Following a $20m commitment from the Nebraska Investment Council, the technology-focused fund, targeting $700m, will likely close before May.

Warburg Pincus has teamed with GS Capital Partners to acquire online service provider Endurance from private equity group Accel-KKR in a secondary buyout worth $1bn.

The deal for Endurance International is the Menlo Park, California firm's second this month and the third from its recently closed $600m Fund III.

The pressing need for more healthcare professionals globally is proving a tailwind for PE investors in medical education.

In today's edition, Why double-down funds could prove all the rage; Rede reshuffles its leadership; A US PE shop launches an APAC business.

An inside look at the $219bn pension’s buyout and growth performance, geographic and sector exposure and co-investment portfolio.

The Secondaries Investor Advisory Survey 2025 reflects a booming market, with the average reported deal value per adviser rising by $3bn year on year.

Over the past five years, some private equity shops have shunned their illiquid mentality to launch their own secondaries businesses. Can they give the market’s mega-managers a run for their money?

As GP stakes portfolios age, funds are testing out new paths to liquidity in this particularly long-term corner of the PE industry.

Advice on what GPs and LPs should be considering in light of "Liberation Day". Plus: novel approaches to continuation funds, and Hamilton Lane's low-ticket evergreen fund. Here's today's brief, for our valued subscribers only.

New Mountain, now HIG...the continuation fund investor space grows yet more crowded. Plus: details of Tikehau's co-investment unit. Here's today's brief, for our valued subscribers only.