Managers

One of the nation’s largest institutional investors may boost how much it will allocate to PE following a new state law lifting its cap on alternative investments.

It’s possible Freeman Spogli’s pacing, which seems almost quaint, represents what private equity will have to return to – a slightly slower, less frenetic operation.

CVC Capital Partners IX, which is yet to hold its final close, is already larger than Blackstone's $26.2bn record haul in 2019.

While the floodgates have perhaps not swung wide open quite yet, the past few weeks have seen a surge of LP portfolio sales that some believe will swell into a bodacious wave of transactions.

Global oil and gas private equity fundraising in 2022 was the slowest in more than a decade, with 55 vehicles securing $20bn.

The nation’s largest pension system continues the overhaul of its private equity program.

The move may add badly needed powder to a tight fundraising marketplace.

The deal, which has been in the market since at least earlier this year, is separate from the widely reported 'strip sale' Tiger has been running to sell stakes in direct assets.

The regulator said that from August 2017 through April 2021, Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.

The deal would be highly customized targeting specific assets, rather than a broad-based tender of LP interests across older funds.