Fundraising

A key contributor to distributions was the GP stakes platform’s largest strip sale to date, conducted on Blue Owl GP Stakes IV, which generated more than $2.5bn.

The mid-market GP is targeting a $4.25bn raise as it looks to build on the success of its oversubscribed sixth flagship fund.

PE has a major role to play in the region’s future, with regulatory changes and increased pension plan investment leading the charge.

Although European mid-market M&A remains muted, creative dealmaking in select sectors is beginning to unclog the system.

LPs confront GPs’ creative – or some would say ‘desperate’ – efforts to stay in market without a new fund.

TMT-focused vehicles are getting bigger and more often closing on target, despite the wider fundraising malaise.

Tech companies are well placed to answer PE sponsors’ growing questions about AI readiness, helping to buoy appetite for the sector, say KPMG’s Anuj Bahal, Patrick Carpenter and Greg Sward.

Private equity sponsors continue to target tech companies developing mission-critical technology for the lucrative and rapidly evolving wealth management industry.

Things have gotten better in the industry, with North American funds taking the lead.