Managers

Trident IX is expected to hold a closing this month, according to recent report published by MassPRIM.

The goal is to continue capturing growth while providing an option for limited partners in older funds to cash out of their interests in the companies.

More LPs consider ESG standards as one of many factors in potential commitments, but generally it's not risen to the level of being a deciding factor when backing a manager.

Avance's inaugural fund has already begun investing, earlier this year backing artisans supplier WSP and insurance agency UniVista.

Don’t expect every GP stakes manager and their dog to be listing a portfolio of stakes in alternatives managers anytime soon.

SER is part of a burgeoning community of fund managers focusing on sustainability strategies that includes some of the biggest private equity managers in the world.

That Elbrus has reached this fundraising milestone is impressive, with Russian private equity still reeling from the outcome of the the Mike Calvey case.

Key-person situations are relatively rare, but a few have cropped up in the past few months, involving both new and well-established firms.

The fund made its debut platform investment, backing Creative Outdoor Advertising, a street-furniture advertising provider for local businesses in North American municipalities.

The fund, which has been in the market since August, is expected to exceed the target by $2bn to $3bn.