Managers

Multistage investor Norwest Venture Partners has raised $3bn for Fund XVI, its largest fund to date and its first to include a formal ESG policy.

The Copenhagen fund of funds hit the hard cap on its most recent fund, after the previous vehicle closed €100m under target.

Large portfolio sales have taken up buyer interest in the second half of the year as many look to diversify beyond the concentrated bets they made in the early parts of the year.

A VC professional by training, Irwin founded Camber in April 2020 with a distinctive modus operandi for making control acquisitions of product-led growth software businesses.

Amara spoke with Buyouts about what types of companies the firm is avoiding, and seeking, in the high-priced, inflationary environment.

In a year when there was no shortage of developments to dissect, here are five of our favourite editorial commentaries from the last 12 months.

The business and financial services-focused firm raised at least £335m for a top-up sister fund and a co-investment vehicle, as well as its fourth flagship fund.

Probitas Partners annual LP survey revealed that maintaining established relationships with fund managers soared this year, reflecting the surging fundraising environment and its impact on fund manager access.

Institutional investors’ private equity programs are especially vulnerable to high team turnover, as the asset class requires “institutional memory” because of its long fund life.

The pension plans on investing as much as $3.125bn in private markets in 2022, including $1bn in PE and $1.325bn in private credit.