VMS Group is aiming to raise at least $100m by final close to pursue global AI opportunities.
GP stakes, healthcare and Middle Eastern investors will be front of mind for Asia-Pacific markets in 2024.
AI-powered private equity was all the rage in 2023. Market sources expect to see increased adoption and new approaches to the technology over the coming year.
A wave of evergreen product launches in 2023 has raised concerns about how individual investors will perceive liquidity in private markets.
Defying fundraising headwinds, private equity's mega-funds continued to set records in 2023.
The parallel fund will invest alongside Hahn & Co IV, which is expected to close near its $3.25bn target in Q1 2024, PEI understands.
For many fund managers, 2023 has been a year for creativity when trying to entice LP capital.
Australia-listed Pacific Current Group made headlines this year after receiving a takeover bid from one of its own portfolio companies.
Covalent, and which aims to pool LP resources, will focus on mid-market buyouts and growth equity financings in North America and Europe, according to Wafra's Steve Moseley and AP3's Henrik Nordlander.
LPs are becoming more comfortable with the concept of acquiring minority interests in alternative asset managers.