Managers

The private equity giant is looking at opportunities to acquire secondaries firms or set the unit up organically, according to co-president and co-COO Scott Nuttall.

Maverix's $500m debut tech growth equity fund, recently anchored by five institutional LPs, is now heading for a $350m initial close in June.

For Anthony Tutrone, the spinoff of NB Alternatives’ highest-profile unit is one more chapter in a rapidly evolving market.

Challenges could arise with public institutions like pensions, where investment staff answers to politically appointed CIOs and elected boards, and ultimately, the state Treasurer.

PEI's editorial team looks at the record $180bn raised for private equity in Q1 2021 and how average fund sizes for private debt funds topped $1bn for the first time during the quarter.

The growth of secondaries and the realities of the market amid the pandemic have forced more flexibility into the classic PE fund model, according to a survey by Paul, Weiss, Rifkind, Wharton & Garrison.

Fundraising by North American private equity firms in Q1 2021 represented the biggest haul ever, as the market anticipates a post-pandemic recovery.

Buhuo is the latest Chinese GP using secondaries to raise capital from what is perceived to be a more stable LP base than those at home.

In moving into secondaries, Apollo is joining a host of other big firms that are building out capabilities to take advantage of the rapidly growing market segment.

Fortress is among a group of big asset managers whose talent scattered away from financial hubs as a result of the remote-work environment spurred by the health crisis last year.