Managers

The healthcare investor aims to deploy 15-20% of its latest flagship into assets in the Gulf region, head of South Asia Sunil Thakur tells PEI.

A challenging environment has created a gulf between those smashing their private equity fund targets and those falling short.

Its predecessor closed on $4bn in 2022 and remains Accel's largest fundraise to date.

The firm's previous effort closed on $5.75bn in July 2024 with support from big pension funds such as New York State Common Retirement Fund, State Teachers Retirement System of Ohio and San Diego City Employees' Retirement System.

The participation of StepStone after the first close helped propel the fundraise to a successful end, IGP founder tells Buyouts.

CVs continue private equity's history of innovation and evolution and will likely become part of the asset class's long term set of options for exits, co-managing partners Jeff Rhodes told Buyouts.

Aksia believes the fund’s legacy GP relationships are burdening the pension’s administrative capabilities and could 'lead to return compression over time.'

Launched in April, Sandbrook Climate Infrastructure Fund II held a first close three and a half months later, raising $1.1bn – or more than half of the target – sources told Buyouts.

European governments have sharply ramped up defence budgets this year, leading to LPs and GPs alike undergoing a mass sentiment shift in favour of the sector.

We would do well not to plod, zombie-like, into a repetition of yesterday’s mistakes.