Managers

This will be our last newsletter column of the year as we go on break next week. We’ll be back in early January with our insider view of the inner workings of firms and funds. We hope you enjoy the holiday season and actually get some sort of a break, before the January rush.

Knowing exactly why you want to co-invest, formalizing your strategy and making sure all the key ingredients are built into your program will go a long way toward making you a reliable, sought-after co-investor, write Meketa Investment Group's Steven Hartt and Ethan Samson.

The system is also looking to ramp up its private credit and real assets programs.

Leonard Green’s deal is among a slew of GP-led processes that have found their way to final closings despite tougher market conditions and pickier buyers.

Lodge tells us about her dream job as a field or ice hockey coach, her summer retreat in Rhode Island and the importance of staying close to family.

AI-powered private equity was all the rage in 2023. Market sources expect to see increased adoption and new approaches to the technology over the coming year.

Overexposed LPs who are slowing their pacing have helped widen the gap between strong performing firms able to attract capital and every other manager that has to struggle to get traction in the market.

The system is like many other LPs who have reduced pacing schedules due to overallocation to the asset class.

With the commitment, the pension system accounts for one-third of L2 Point Opportunities I's $300m target and half of its $200m raised to date.

Lead investors on Hellman & Friedman’s deal are Ardian, HarbourVest Partners and Hamilton Lane, sources said.