For many private company owners, 'covid took the wind out of their sails and the fun out of running their businesses. They are ready to move on'.
José Luis Molina, chief executive of the Madrid-headquartered asset manager, talks to Private Equity International off the back of its stake sale to Permira.
Buying assets is 'not as big of an issue' as exits, Blackstone's president and COO said on the firm's latest quarterly earnings call.
Some 508 private equity funds reached a final close globally in the first half, down 48% from 974 funds in H1 2022, according to PEI's H1 fundraising report.
Fundraising by UK private equity and venture funds was at its highest over the last three years, at £70.2bn, with almost one-third contributed by North American LPs.
Speaking at affiliate title Private Debt Investor’s Seoul Forum on Monday, the Goldman president said 300m jobs could be disintermediated by the technology.
Catalyst, a sustainability-focused private markets strategy, is drawn to opportunities in China’s burgeoning renewable energy sector, APAC head Matthew O’Sullivan tells PEI.
Macro challenges are prompting different value-creation priorities to come to the fore, but the underlying fundamentals of the asset class remain intact.
The pair are taking equal stakes in the mid-market-focused investment firm in a Houlihan Lokey-advised transaction.
Structural changes including socioeconomic tailwinds and rising exit values are proving more consequential for private equity appetites than China’s slowdown.