Managers

The rapid rebound of public and private markets following 2020 Q1 has left most LPs less concerned about fallout from covid and more focused on ongoing structural issues.

GP-led deals are on the rise and will likely become a much greater part of overall secondary activity, which has historically been led by LP fund stake sales.

Crest Rock is among a group of first-time managers to have raised funds at least partially through the market contraction during the pandemic lockdown.

Remember that other huge market disrupting force causing uncertainty for the UK PE industry in everything from portfolio companies to fundraising?

A board member wants the $20bn pension to commit to more diverse firms, including those owned by women of color.

Covid-19 has left many investment professionals wondering whether they could garner better economics by setting up their own funds. We spoke to 21 market sources involved in successful spin-outs about leaving an established franchise and starting anew.

The firm mostly does buyouts in Western Europe, but has attracted interest from some North American LPs.

The firm held a first close with existing investors around March/April timeframe, sources said.

The fund will invest alongside the firm's latest flagship on deals that require larger amounts of equity.

The pandemic has upended high-net-worth investors in the region’s near- to medium-term appetite for alternative asset classes.