Managers

The deal is one of the largest on the market in the pandemic downturn, which has stopped most secondaries deal activity as buyers and sellers look for more clarity on private equity valuations.

Managing partner Fredston launched Sole Source in 2016 to be an operationally focused control investor in North American industrial companies with EBITDA of up to $20 million.

Firms learned a lot valuing their portfolios in the unprecedented chaos of the first quarter of 2020. That’s given them some clarity on Q2, but there are still some major unknowns.

Brian Boulanger was appointed CEO of ARC, replacing Lauchlan Currie, who has been one of the PE firm's top executives for 25 years.

The $57.8bn pension's staff says they have $100m in dry powder left to co-invest this year and may ask for more.

Crosspoint Capital was launched last year by Greg Clark, the former CEO of two private equity backed mega-companies, Symantec Corp and Blue Coat Systems.

Government approval for foreign acquisitions of local companies is harmful to the industry, Spanish PE and VC association president Aquilino Peña told Private Equity International.

A one-two punch of the Taal volcano eruption and covid-19 put paid to an in-person AGM, where the firm had expected to finalise the due diligence process.

New Mountain recently put the final touches on a management and ownership succession that left Blackstone and managing directors holding one-third of Steve Klinsky’s prior 100% stake.

Just as many other LPs appear more interested in PE than ever, this $11.9bn pension is cutting down its allocation to the asset class.