Fundraising

Multi-strategy expansions may stymie traditional PE

A trend towards asset management could have a negative impact on firms which cannot expand, delegates at the BVCA Summit 2017 heard.

Listed giants continue to grow fee-generating AUM

The seven listed managers rated by Fitch hold almost 20% of dry powder available to invest in alternatives.

Australian firms battle over track record

The court case between PEP and spin-out Adamantem shows why attribution is crucial.

Orchid Asia to hold $900m ‘one and done’ on Fund VII

Details of the Asia-focused fund's strategy and terms were revealed in documents prepared for Pennsylvania Public School Employees' Retirement System.

Brightstar closing in on $750m target for debut fund

Brightstar, founded by former Lindsay Goldberg partner Andrew Weinberg, has inked its second deal as a fund close looms.

Hermes tilts towards separate accounts

The private equity investor has raised $389m for its third co-investment programme, which will invest alongside a further $230m through sidecars and separate mandates.

Temasek’s Vertex Ventures beats target for SE Asia fund III

The Singapore-headquartered venture firm has raised $210m from Temasek, Kasikorn Bank and Cathay Life Insurance to invest in South-East Asia and Indian start-ups.

PAI eyes December first close for €4bn flagship

Details of the fund’s terms were revealed in documents prepared for Pennsylvania Public School Employees’ Retirement System.

Vanilla or chocolate? How do you like your fund terms?

Despite the buoyant fundraising market, it still pays for private equity firms to give LPs options on terms.

Dealmaking struggles to keep pace amid fundraising boom

Fundraising figures for this year are starting to resemble 2007; less so for transaction numbers.