Managers

Our survey sheds light on how sponsors expect coronavirus to affect their plans in the near term, including fundraising, new investments and portfolio company layoffs.

Riverwood’s fundraising milestone follows an expansion of the firm's partners to eight with the January promotions of Harish Belur, Joaquim Lima and Scott Ransenberg.

Ardian was lead buyer on the deal, while Lexington Partners also was a buyer. The deal closed on March 31, two sources said.

Total private equity capital raised in the period is the second-highest in first quarter fundraising since 2015.

Vehicles such as HarbourVest Global Private Equity, Pantheon International and Neuberger Berman Private Equity Partners are trading at discounts as wide as 43%.

The fund hit the market in January so it already built up momentum prior to fundraising slowing in the coronavirus-fueled downturn.

In his first interview since becoming head of OMERS Private Equity, Michael Graham says as the market gets choppier, "we see lots of opportunities for buying great companies at better prices.”

Emerging managers' innovative investment strategies and hunger to outperform make them an attractive proposition for LPs looking to deploy capital in a dislocated market.

KKR’s four leaders, co-CEOs Henry Kravis, George Roberts and co-presidents Scott Nuttall and Joseph Bae, will forego salary and bonuses for 2020 as part of the firm's pandemic relief efforts.

Canada's second-largest pension will assist companies that were profitable before the crisis and will provide assistance in designing financial instruments to get through the crisis.