Fundraising

The inability for LPs to travel to meet new managers in person has favored incumbents with re-ups that don’t necessarily require on-site due diligence.

The firm's lower mid-market strategy has already gained interest from some major LPs.

The private equity giant collected $95bn across all strategies last year, according to its earnings results on Wednesday.

SER was last year active as a deal-by-deal investor, acquiring Microgrid Networks and three project companies from HGP Storage.

Rotunda Capital was formed by executives from Allied Capital in 2009, after the devastating effects of the global financial crisis weighed on markets.

The firm gathered €14.6bn by year-end for its ninth flagship and expects to hold the first close on its debut growth vehicle this year.

The firm focuses exclusively on software companies, a sector seeing very positive headwinds amid the covid crisis.

Tell us who deserves a place in PEI’s annual 40 under 40: Future Leaders of Private Equity list.

Hellman & Friedman has the ability to raise capital without much of a challenge, and the pandemic-stricken markets have only stoked LP desire to place money with established GPs.

The fund was launched last November, and has already attracted a commitment from Texas Teachers, among others.