Managers

Leonard Green is expected to size Green Equity Investors X along the lines of its predecessor, which raised $15.2bn in 2022.

The subject has taken priority at recent meetings of trade group Institutional Limited Partners Association, sources tell PEI.

The endowment expects to grow and cultivate longstanding relationships with the managers whose inaugural funds they back.

One of the assets involved was being mulled for a separate CV managed Carlyle in a process that has since been dropped, Secondaries Investor understands.

Buyout, growth equity, secondaries, venture capital and other private equity funds raised a total of $250bn in the first half, down 13 percent from $289bn raised a year earlier.

North American funds were the most active during H1 2025 in spite of growing geopolitical uncertainty.

A key contributor to LLCP's fundraising success has likely been the firm's track record of executing on more than $4.6bn of realizations over the past three years.

For many of the emerging managers it backs in the US, Munich-headquartered Yielco is often the first European LP they will have, says co-head of private equity María Sanz.

The Pittsburgh-based investor wants to have at least half of its private equity portfolio in the US, up from about 40% today.

The government’s apparent endorsement of subscription credit lines could enable Japanese private equity funds to compare more favourably with their overseas peers.