Managers

The fund has already made its first investment and has a robust pipeline moving forward.

KLAR Partners will invest in the mission-critical services and asset-light industrial sectors of the Nordic, DACH and Benelux regions.

“The market came to us,” Banner Ridge managing partner Anthony Cusano told Buyouts. “We could have raised more than $300 million.”

Hedge funds over the years collected small pools of capital to make private equity investments, but many of them were forced to liquidate the pools in the face of redemptions.

Denali Growth Partners will focus on healthcare and technology companies.

L Catterton believes consumers’ fundamental wants and needs have not changed because of the pandemic lockdown. What’s changed is how consumers fulfill those needs.

The firm has held the final close on its latest co-investment fund in a year where co-investment appetite and deal opportunities are expected to rise.

The amount raised so far already makes Fund V larger than its predecessor, which closed in 2017 at just over $1bn.

MiddleGround is among a handful of early managers looking for capital in an uncertain market.

David Layton, who will become Partners Group’s sole CEO in July, speaks to PEI about the leadership change, opportunities in the defined contribution market and why SPACs have been ‘overdone’.