Bloomberg

The Quadrangle team managing $5bn of Mayor Bloomberg’s personal fortune will spin out into an independent entity.

A pioneering Bloomberg reporter passes away.

Former Time editor-in-chief Norman Pearlstine, who joined Carlyle in 2006 to advise on media deals, has left the private equity firm to scout growth opportunities for Bloomberg news.

Deferred interest payments and a series of high-profile leveraged loan defaults in the US point to signs of stress within private equity portfolios. Should LPs be concerned?

Ashish Goyal will move on at the end of the year, joining other APAC departures from the $100bn pension fund and its Canadian peers, PEI has learned.

In today's edition, Why zombie funds could lead to a markdowns 'reckoning'; Asian giant MBK closes below target as a controversy rumbles on; Federated Hermes racks up more capital for co-investments.

In today's newsletter: Why Miami is a must for those seeking family office capital; Qatar Investment Authority leans into Japanese PE; How AI is combating greenwashing.

Ardian is considering whether to pull the trigger on Hong Kong’s newly created listed private equity trust. Plus: why BCI isn’t deterred by an ‘ESG winter’; and a Roark fundraising update. Here's today's brief, for our valued subscribers only.

Our latest annual awards process has launched. Plus: How consolidation will change the industry over the next five years; and an LP giant shutters its Asia buyout team. Here's today's brief, for our valued subscribers only.

Nordic Capital's Fund XII intends to make equity investments between €250m and €1bn across four key sectors.

Why one LP reckons private equity participants are too concerned about downside protection. Plus: secondaries firms have differing approaches to risk management; and StepStone joins the dedicated GP-led arena. Here's today's brief, for our valued subscribers only.