Managers

The process is understood to be in the early stages and could involve multiple funds.

The amount Insight is seeking is roughly in line with the amount closed on its predecessor in 2022.

William Blair launched its private capital advisory practice with the hire of Mike Custar in May last year.

The vehicle would be seeded with at least four mid-market companies acquired through CDIB Capital Group's balance sheet, PEI understands.

The healthcare-focused firm has more than doubled its firepower for its latest buy-and-build-focused vehicle.

The firm is pushing ahead with fundraising even amid the tougher environment, which is marked by limited partners contending with overexposure to the asset class and tighter liquidity positions from slowing exit activity.

Data is a key piece of the puzzle, says the Oliver O’Bryan, ESG manager of Partners Group.

Sponsors took an average of 13.4 months to reach the finish line, well above annual averages stretching back to the financial crisis.

“It’s not the Who’s Who of private equity. It’s the ‘Who’s That?’ of private equity,” said the co-founder of small fund of funds Taurus Private Markets.

Though closing below target, Fund II is likely to be considered something of a success story in China's challenging fundraising environment this year.