Private Equity
At $3.3bn, Fund VII would be the largest pool in Levine Leichtman’s nearly four-decade history. It would be 32% larger than Fund VI, closed in 2019 at $2.5bn.
2 min read · 15 December 2022
The move comes as Blackstone Growth is in the process of raising its second fund, targeting $7bn to $8bn.
1 min read · 15 December 2022
Apollo, Blackstone, now Carlyle Group… a confluence of events is leading to a tough year ahead for capital raising.
3 min read · 15 December 2022
Even as secondaries activity slows in the dislocated markets, certain large deals are getting done.
3 min read · 15 December 2022
Nearly 85% of LPs expect a reduction in distributions over the next year, Rede Partners’ report said.
3 min read · 14 December 2022
Secondaries activity has slowed as a result of market dislocation and a wide gap between buyer and seller expectations.
2 min read · 13 December 2022
As of March, Fund III was performing strongly, with a 1.6x net multiple and a 53% net IRR.
3 min read · 12 December 2022
As funds hit the market over the next few months, they will likely contend with what some sources have told me is 'LP fatigue.'
3 min read · 09 December 2022
Chastened by his own party, the chairman focuses on ESG, market structure reforms.
3 min read · 09 December 2022
The SEC's proposed private funds reforms are also 'influencing' the market, especially around prohibited activities and GP-led deals, says Paul, Weiss partner Marco Masotti.
4 min read · 09 December 2022