Managers

The firm launched PESO Fund V in June 2023, followed by PECF XI in September of 2023, with each targeting $750 million.

Lexington Co-Investment Partners VI, launched in December 2023, has a target of $4bn, and has so far raised $3.75bn.

Defying a tough fundraising climate, the pool smashes its target while generating real-time cashflow and DPI.

CIO of $6bn Midwest pension would prefer the system remain 'more of a buyer than a seller' when it comes to private equity funds.

The H1 2025 drop, though small, reverses what had been steady growth in LP allocations to private equity since H1 2020, according to Buyouts data.

In a tough fundraising market, an opportunity to add a new and very rich pool of retirement savings as a capital source is enticing for private equity GPs, especially the very largest.

A cluster of European fund closes could be at the vanguard of a fresh wave of regional success stories amid rising investor demand. Plus: why a bevy of co-investment opportunities is creating headaches for LPs. Here's today's brief, for our valued subscribers only.

Available secondaries capital grew to a record high of $302bn in the first half, with aggregate NAV of retail vehicles managed by secondaries investors surpassing $80bn as of March, according to a report from Jefferies.

Pact has so far made minority investments in Accel-KKR, a technology-focused investment firm, as well as in Graham Partners, a private equity firm specializing in advanced manufacturing and industrial technology.

GP-led deals represented around $48bn of the estimated $102bn of first-half secondary volume, according to Evercore’s latest volume report.