Private Equity
Ares Management Corporation has closed its fifth European direct lending fund at a hard cap of 11 billion euros, beating its target of 9 billion euros.
3 min read · 29 April 2021
The firm reported $6.4bn of realised proceeds in the first quarter, driven by exit activity in its Europe, Asia and US buyout funds, as well as AlpInvest and financial services, according to its earnings results on Thursday.
3 min read · 29 April 2021
The growth of secondaries and the realities of the market amid the pandemic have forced more flexibility into the classic PE fund model, according to a survey by Paul, Weiss, Rifkind, Wharton & Garrison.
3 min read · 29 April 2021
Ares Capital Europe V will have spending power of 15 billion euros including the anticipated use of leverage.
3 min read · 29 April 2021
Fundraising by North American private equity firms in Q1 2021 represented the biggest haul ever, as the market anticipates a post-pandemic recovery.
1 min read · 29 April 2021
Buhuo is the latest Chinese GP using secondaries to raise capital from what is perceived to be a more stable LP base than those at home.
3 min read · 29 April 2021
Chicago-based private equity firm Valor Equity Partners has closed its fifth fund at $1.7 billion.
3 min read · 28 April 2021
Arctos Sports Partners has raised over $1 billion for its inaugural fund, according to an SEC filing.
1 min read · 28 April 2021
Iconiq Capital is seeking to raise $3.75 billion for its sixth fund, reported the Wall Street Journal.
1 min read · 28 April 2021
PE firms are diversifying away from traditional third-party blind-pool fundraises amid further inflows from long-duration funds, GP stakes, insurance M&A and SPACs.
3 min read · 28 April 2021
