Managers

Institutional Investment Partners Denmark plans to add third-party capital to its $10bn AUM in the first quarter via separately managed accounts.

HGGC Fund IV has already made four platform investments, a source told Buyouts, three of them announced in December.

More than 170 business leaders signed a letter asking for Congress to certify the electoral victory of president-elect Joe Biden and vice president-elect Kamala Harris.

BlackRock is reportedly stepping down capital-raising efforts for its long-term capital fund, a strategy that has raised nearly $50bn from LPs in the last five years.

About 44% of Fund IV was raised from new investors, the majority of which were based in South Korea, Japan, Hong Kong and Singapore, founder Chris Freund tells PEI.

Preparation, a clear investment thesis and respecting contractual obligations are just a few key areas to note, write Robert Mailer, Oliver Rochman and Funke Omisore from Morgan, Lewis & Bockius.

New EU rules on ESG, corporate carve-outs and higher taxes driving dealflow could dominate the European private equity scene this year.

Newfound opportunities for growth equity firms such as KKR Growth, Accel-KKR, General Atlantic, Permira and Spectrum Equity.

The move is the latest in the two-way flow of talent to and from the government and the private equity world.

Orlando Bravo, Thoma Bravo’s co-founder and managing partner, tells Buyouts why 2020 was “absolutely our best year ever.”