Platinum Equity

The outlook for China IPOs doesn't appear as bleak as one might expect. Plus: US buyout firm Platinum Equity has reached a fundraising milestone and takeaways from Hamilton Lane's earnings. Here’s today's brief, for our valued subscribers only.

The Taiwan-based insurance company has backed two private equity funds.

The American firm closes its fifth flagship fund at the hard cap

The firm expects to hold the first close on its latest fund, targeting $8bn, by the end of June.

Advocacy groups raised concerns with the US pension about Platinum Equity portfolio company Securus, which manages inmate phone systems for state prison systems.

Platinum Equity Small Cap Fund is the firm’s first fund focused on opportunities in the lower mid-market.

The global investment firm continues to grow its private equity capabilities with oversubscribed fourth fund.

The firm has received a new commitment from the New Mexico State Investment Council.

Thanks to the evolution of a robust private market ecosystem that includes private credit, secondaries and unprecedented amounts of capital, companies are growing bigger and staying private for longer than ever before. Nevertheless, the dream to go public is still very much alive.

PE-backed carve-out deals can still deliver, but it takes disciplined operational value creation to make them work, note Bain & Company’s Greg Schooley, Ben Siegal and Colleen von Eckartsberg.

Backed by family office capital at inception in 2001, Texas-based CAZ has become one of the largest allocators to GP stakes funds and directs over the past two decades.

Side Letter unearths fundraising details from the likes of Thoma Bravo, Cinven and Apollo. Plus: why the UK's diversity data is more complex than the headline figures suggest; and a former HIG head launches his own firm. Here's today's brief, for our valued subscribers only.

LP documents shed new light on a raft of notable fundraises, including Thoma Bravo and Advent International. Plus: Oregon State Treasury sees private equity as a drag on its performance; and Atomico closes a new fund strategy. Here's today's brief, for our valued subscribers only.

The US public pension has revealed commitments to buyout funds.

The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms, PEI understands.

The world's third largest private equity portfolio just became even larger. Plus: Why concentrated continuation transactions are taking off among secondaries buyers; and a look at the best-performing US pensions. Here's today's brief, for our valued subscribers only.