Managers

Firms that have performed well are finding a friendly reception from LPs, who are mostly looking to support established managers in the economy that continues to recover from the pandemic lockdown.

Noah Roy, managing partner at the industrials-focused firm, talks to PEI about the firm's $1.7bn raise and the importance and fragility of supply chains during the coronavirus crisis.

Amendments to Ireland’s limited partnership regime establish it as a leading jurisdiction for private market funds to raise and deploy capital, write Dillon Eustace partners Shane Geraghty and Derbhil O’Riordan.

The covid crisis has not only seen alternative assets become more attractive (compared with traditional asset classes), but also highlighted the need for wealth managers to digitise, say Bite Investments’ COO Henry Reynolds and CEO William Rudebeck.

Spurred by a post-pandemic recovery, tech fundraising this year and beyond could outdo recent trends. If so, the $55bn collected in Q1 is perhaps a harbinger.

Staff said the change would allow the system to be more selective about its opportunistic private debt investments.

A list of the biggest growth equity funds to have closed so far, including the alternatives giant's $4.5bn vehicle which closed this month.

Capital raising for its latest vehicle follows a restructuring at the firm in which its private equity, private credit and small loans businesses will operate as separate entities.

The process is one of the largest in the market, rivaling that of New Mountain Capital, which is moving five assets out of its 2007 fund in what could be a $2bn or more transaction.

The partnership between Azimut Alternative Capital Partners and HighPost Capital will include “a capital-raising relationship,” sources told Buyouts.