Managers

Large LP organizations have become increasingly vocal with concerns about the rise of private wealth and the potential of retail capital flooding the industry.

Second fund saw particularly strong support from existing Asia-based investors, CIO tells Buyouts

In today's edition, LPs are seeking reassurances over defence exits; ChatGPT creator OpenAI says GPs are among its busiest users; A European buyout shop hits its hard-cap.

This marks the third year in a row that SBCERA has increased its pacing to private equity, with board members concerned that the move wasn’t responding to macroeconomic shifts.

Despite economic headwinds and geopolitical uncertainty, there is still a strong appetite for North American secondaries in 2026, sources tell Secondaries Investor.

Hopu Master Fund III closed on the equivalent sum in 2018, according to PEI data.

Investors may be taking comfort in firms with simple strategies as market complexity increases, BV Investment Partners’ CEO told Buyouts.

Buyout, growth equity, secondaries, venture capital and other private equity funds had raised a total of $508bn as of December 31, according to Buyouts data. Capital inflows last year were the lowest recorded since 2020.

Some 2,288 funds gathered $735bn between them in 2025, marking the second consecutive yearly slump in capital raising for the asset class.

The raise comes at a challenging time in the private equity fundraising market, especially for newer managers.