Managers

Fund VII, which has an undisclosed target, held its most recent interim close on $1.79bn in November, PEI data shows.

Catchment is among a group of emerging managers, including first-time funds, seeking LP capital in what has been described as the toughest fundraising market since the global financial crisis.

Mark Carney’s background may raise private equity’s expectations, but ‘the world is a different place than it was last December,’ CVCA’s Kim Furlong tells Buyouts and affiliate Private Funds CFO in an exclusive interview.

The pension plan reduced its private equity target to 26%, citing long-term liquidity goals and 'negative cashflows.'

As the gap in exit valuations looks unlikely to narrow any time soon, some GPs may have to sell at a discount to begin to re-enter the fundraising space.

While acknowledging the volatility created by tariffs, KKR’s early view is there will be 'no changes to our targets' guided by 'continued conviction in our fundraising outlook,' CFO Rob Lewin said in a Q1 earnings call.

The firm had previously been expecting to hit Fund VI’s $13bn target by end-2025.

The buyout giant, which recorded $116bn of dry powder as of the end of the first quarter, wants to 'invest more when the world is most uncertain', according to co-chief executive Scott Nuttall.

GPs willing to navigate China's Qualified Domestic Limited Partner programme could benefit from rising HNWI appetites for cross-border alternative investments, write partners from law firm Fangda.

With market watchdogs looking more closely at private asset pricing, Private Equity International spoke to managers of semi-liquid funds about their valuation methods.