Managers

Morrissey's new firm raised $4.5bn for its debut growth fund, which has invested in oat milk producer Oatly and music-to-internet company Epidemic Sound.

IMCO generated a one-year net return of 34.2% from its PE investments last year, easily outperforming a benchmark of 9.3%.

Crosspoint, which just closed its debut fund on $1.3bn, has a heavy operational focus, a characteristic that helped attract LP attention at a time when many investors were eschewing new managers.

The firm, which wants to raise more than $100bn by next year, has staffed up to focus more on individual investors, according to its co-president and co-COO.

Public relations firm Prosek Partners found most respondents planned to make virtual meetings a permanent part of their operations.

Terms on traditional private equity funds are fairly consistent across the market, though some GPs like KKR are able to command more customized structures on their funds.

Bronner’s hire perhaps signals Palladium’s interest in launching a sixth flagship offering. The New York firm declined to comment.

The sample for the survey conducted by law firm Seward & Kissel was made up of many different kinds of investors.

The fundraise comes around one year after the pan-Europe specialist raised almost €3bn for its ninth flagship strategy.

Ardian Buyout Fund VII is 67% larger than its 2016-vintage predecessor, including co-investment capital, and received commitments from more than 200 LPs.