Forced to halve its previous fund after a management reshuffle triggered a key man clause, PAI faced a tough road ahead with its sixth fundraise. Far from the lacklustre performance some industry insiders anticipated, the Paris-based buyout house surpassed even its own expectations
Against a more benign backdrop for fundraising in recent years, there has been an increase in spin-outs and first time funds trying their luck on the fundraising trail. Who are some of these teams? And will they successfully raise capital?
As Bridgepoint prepares to close its latest buyout fund on €4 billion, managing partner and industry veteran William Jackson tells PEI why Europe is back on investors’ maps — and why private equity deserves a break