Others are aping the firm's strategy of holding minority position for a long time, said head of PE fund investments Benoit Valentin.
Business people passing baton
Sponsor-to-sponsor deals, a steady source of dealflow for GPs, usually generate favourable returns so long as the market cooperates, according to a report from Adams Street Partners.
CMS Emerging Europe report - Infogram
PE deal volume continues to increase year-on-year as the region’s larger and faster-growing economies provide a hunting ground for international and domestic GPs.
UNDP
The start-up is expected to reach $100m of total fund commitments later this month.
Scales of justice and Gavel on wooden table and Lawyer or Judge working with agreement in Courtroom, Justice and Law concept
MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
New York
The firm received unanimous approval from its LPs to replace Mark Wiseman with Robert Kapito as chairman of the executive investment committee, allowing its Long Term Private Capital Fund to continue investing.
Tunisia, North Africa
Ahmed Badreldin, the firm's former head of Middle East and North Africa, says the North Africa Fund II has roughly doubled LPs' capital on exited investments so far.
Australian bushfires
Carlyle Group portfolio company Accolade Wines is understood to have had 'limited' impact to its vineyards amid the country's worst wildfires in more than a decade.
Seoul, Korea
Economic concerns have prompted strategic buyers to become more frugal, paving the way for a greater number of secondary buyouts, according to managing partner Chulmin Lee.
EBITDA addbacks became an increasing cause for concern in 2019 as borrowers stretched the bounds of permissible adjustments.
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