Managers

LongRange will target mid-market businesses in North America and Europe, typically with revenue of $200m-plus and enterprise values of $250m to $5bn.

Urquhart will take charge of fundraising for all Carlyle investment platforms, including corporate private equity, private debt and real assets, a source told Buyouts.

Solomon was a managing director at asset manager Muller & Monroe when the deaths of George Floyd and Breonna Taylor made him re-think his career. He shares his thoughts on why he left and where he feels the industry needs to improve on diversity and inclusion.

The Japanese tech conglomerate pledged earlier this year to deploy its own money before raising additional third-party capital due to the underwhelming performance of Vision Fund I.

Portfolio Advisors is expanding its secondaries offerings with the launch of a dedicated fund focusing on GP-led restructurings. Stephen Sloan, who joined the firm last month having been private capital advisory head at Greenhill, will co-lead the effort.

Newbury Partners is marketing a fifth secondaries offering with a target of $1.75 billion and a hard cap of $2 billion, Buyouts reported last November.

Of the 16 registered private funds that faced discipline this year, only one disclosed a pending SEC enforcement matter in advance, reports Private Funds CFO.

Blackstone's global head of private equity speaks exclusively to Buyouts about the firm's long-hold strategy. Blackstone raised $8.2bn for its second offering, 70% more than the strategy’s 2016-vintage debut fund.

L Catterton will stay on the fundraising trail to give limited partners time to complete allocations, a source told Buyouts. The offering is expected to close in early 2021.

Staff at the $207.8bn system have said that distressed debt opportunities following the covid crisis could be unprecedented.