Managers

AG Direct Lending Fund IV, targeting $2bn with a $3bn hard cap, is expected to wrap up in the first quarter.

Coulter said the industry can be resistant to innovation, but that increased LP sophistication and an influx of new talent had allowed it to flourish.

The $82bn public employees' retirement fund is a bit overweight in private equity, but plans to maintain its commitment pace and take other actions to get the portfolio right-sized.

The growth investor raised over $10bn last year across its sixth flagship and a debut fund for minority stakes.

Existing Fund III LPs have several options in the process, including selling at a premium, rolling on a status quo basis or moving their interests with the GP with additional new capital.

The manager expects to begin capital raising for the predecessor fund in the second half of 2021 and is also in market with a co-investment vehicle.

Monomoy's latest deal, announced last month, saw it acquire Astro Shapes, a manufacturer of custom-finished aluminum extrusions.

Last year’s results owe in part to GPs and LPs adapting quickly to virtual fundraising, making it possible to wrap up even multi-billion-dollar pools expeditiously.

The firm raised $27.5bn in fresh capital last year, with global credit and investment solutions posting record fundraising years.

The 'vast majority' of Apollo's 1,500 LPs were satisfied with the firm's recent leadership and governance changes, Marc Rowan said on the firm's Q4 earnings call Wednesday.