Managers

Blackstone Core Equity Partners II is the largest long-term private equity vehicle ever raised, in an increasingly competitive market.

The tech investment giant said Monday it had held final closes across three vehicles, including for its flagship Thoma Bravo Fund XIV.

Blackstone has closed its oversubscribed second core private equity fund at a hard cap of $8 billion.

US and Canadian buyout, growth equity, secondaries, venture capital and other PE funds collected $200bn at the end of September, down 25% from the same time last year.

Private equity deals in Myanmar are rising but Delta Capital still encounters some business owners that need convincing about the strategy.

First-time fundraising is harder than ever. The first-timers who are attracting capital tend to be those who managed to build up LP relationships, and track records, while at bigger shops.

Rise Fund II is already larger than its predecessor, which closed in 2017 at $2.1bn, becoming one of the world’s largest dedicated pools for impact investing.

Arcline is part of a small group of newish managers braving the slow fundraising markets to raise new funds.

While many larger-cap PE firms have already sold stakes, mid-market private equity is ripe with opportunity.

As emerging markets GPs continue to seek ways to address reduced liquidity and a challenging fundraising environment, law firm Akin Gump asks if NAV facilities could be part of the answer.