Fundraising

The US asset manager has hired Mark Wang, former global chief investment officer of HSBC Life, amid a push by GPs to raise more capital from the insurance segment, PEI has learned.

GTCR reported generating a whopping $8.1bn of realized value last year, more than triple the $2.3bn of 2024, and by far the largest amount generated in a decade.

Liquidity is central to Wafra’s decision when forming partnerships with new groups, as well as existing ones.

In today's edition, Secondaries volumes break another record; Europe amasses a war chest (quite literally); Astorg is racking up exits.

The firm’s co-managing partners spoke with Buyouts on its evolving investor base, the evolution of its lower mid-market strategy and more.

How rainmakers have fared across private markets in H1 2026; redemption-gate exposes a structural weakness in evergreens; a $29bn pension is cutting back on buyouts.

The firm's inaugural vehicle launched in June 2023 with a $4bn target.

Buyout, growth equity, secondaries, venture capital and other PE funds had raised a total of $308bn as of June 30, up 9% from the $282bn secured a year earlier, according to PEI Group data.

The growth equity GP’s chairman speaks to Buyouts about growing a business and adapting to AI disruption.