Managers

Approximately half of the private equity evergreen market is expected to be allocated to secondaries in the next decade, according to estimates.

Private equity fundraising could get a lift in 2025 from more buoyant deal activity, but a return to sustainable rates of growth are still not in view. GPs should plan accordingly for the long haul.

If sustainable fundraising growth is a couple of years out, familiar challenges of the slowdown will likely persevere.

European LPs are highly attuned to challenges in the North American private equity fundraising market.

Partial exits, continuation funds and NAV loans helped bring the industry’s cashflow to breakeven in 2024, according to Bain's latest global private equity report.

Whether you like them or not, NAV loan usage, and the complexities they introduce, is going to increase. It’s time to become an expert on them.

It is not clear whether the $5bn refers to Roark Capital Partners VII’s target or to capital raised against an undisclosed target.

The pension fund will aim to increase its private equity allocation to small and mid-market buyout funds to between 20% and 30%.

The US buyout firm expects a one-and-done close on GPE XI by mid-year, US pension documents show.

Side Letter unearths fundraising details from the likes of Thoma Bravo, Cinven and Apollo. Plus: why the UK's diversity data is more complex than the headline figures suggest; and a former HIG head launches his own firm. Here's today's brief, for our valued subscribers only.