Managers

GPs are desperate to show their LPs they know how to deliver the goods. And if they can’t do it through traditional exits, they’ll seek other methods.

The system sees inefficiencies – and deals to be had – at the lower end of the marketplace.

As the year draws to a close, the PEI editorial team gathers its top predictions for 2024. Expect to see more AI, semi-liquids and GP stakes as the year pans out.

A wave of evergreen product launches in 2023 has raised concerns about how individual investors will perceive liquidity in private markets.

Chris O’Brien was identified in pension documents as firm head, evidently replacing co-founder John Hatherly, who has led Wynnchurch for much of its 24-year history.

Has the fundraising market found a level of footing? StepStone’s data suggests this is a possibility.

Cay Freihofer, with Ridgemont Equity Partners for more than 13 years, most recently as a partner, left in September to launch Emerald.

The firm has been in conversations with certain LPs about bringing Fund VI to market, likely next year, sources said.

Defying fundraising headwinds, private equity's mega-funds continued to set records in 2023.

GPs who have remained prudent in their investment strategies and who didn’t get over their skis in the hype of the bubble have an opportunity to take advantage of this market correction, says Sageview Capital's Amanda Stewart.