Managers

The vehicle will start out in the liquid market but transition to the illiquid market over time.

The firm attributed the strength of its fundraising in the downturn to engaging in communications early and often with existing LPs and prospects.

The firm raised a record $16bn in the second quarter, including bringing its latest Asia fund up to $11bn.

The partnership between New York Life affiliate PA Capital and Ottawa Avenue Private Capital is targeting fund managers in the lower mid-market.

MM&K recently conducted its annual survey of the latest trends in PE and VC fund managers’ compensation. Director Nigel Mills reveals the findings.

The downturn could prove to be a boon for GP-led secondaries deals as managers look for ways to deliver distributions to LPs in older funds even as they push off exits.

The firm makes a bet in the recession-resilient CDMO space, all while the digital health companies it backs see an acceleration of investor interest.

While there are promising signs, particularly in fundraising, the next few months are murky as investors try to gauge the markets in the second half.

The bill would exempt CalPERS from disclosing the owners of companies who receive private loans from CalPERS as well as other information.

The firm has the option to go higher than the $4bn target set for Blackstone Strategic Capital Holdings II, a source told Buyouts.