The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.
A New York cab driving past the US flag
At $12.4bn, the flagship is already the largest in New Mountain’s 25-year history, exceeding by 29% the size of its 2020-vintage predecessor.
The GP stakes unit of Azimut Group has acquired interests in Pathlight Capital and RoundShield Partners, and recently exited its stake in credit manager Kennedy Lewis.
Amsterdam, the Netherlands, overlaid with stock exchange graphics
The move would bring the Luxembourg-headquartered firm in line with peers Blackstone, KKR, Carlyle and EQT.
Birds eye view of crowds of people walking through a city
The buyout firm is on a path to reach $1trn in total assets in the next five years.
Tan Huck Khim, head of alternatives at Fullerton Fund Management.
Singapore-headquartered Fullerton Fund Management's Asia Carbon Action Fund is eyeing climate investments in emerging Asian markets.
Buildings in Mumbai, India
More than 80 India focused funds collected around $16bn between them over the past two years, according to PEI data.
Shanghai skyline at sunrise
MBK's China portfolio posted a 45% gain last year, compared with 29% and 12% percent for Korea and Japan, respectively, founder Michael B Kim noted in a letter to LPs.
Emerging manager fundraising is down, with first-time funds globally raising around $25bn last year, compared with $47.6bn in 2022, according to data from affiliate title Buyouts
Underground station in Munich
Jail time, fines and increasing investigations from the local tax authority – in Germany’s largest state, the private equity industry appears to be in a state of fear when it comes to the issue of tax and offshoring.
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