Managers

The LP is exploring the proposition of offloading the stakes amid a secondaries market with record activity.

Saturn 4 aims to deliver a 3x MOIC for investors by investing in European-headquartered and transatlantic businesses.

Bain Capital XIV will write equity cheques as large as $900m and will seek to make as many as 20 investments.

Overall growth in allocations is significant considering that many LPs have been overallocated to private equity during the slowdown.

The pension giant has come up with a pricing strategy that could make it benefit more from this portfolio sale.

The firm, which split from venture giant GGV Capital in 2023, is seeking $500m for its debut hybrid capital fund, senior managing partner Jenny Lee and partners Ming Eng and Roger Zhang tell PEI.

The system plans on building exposure to infrastructure and private credit, along with pursuing its steady pace in private equity, to try to boost returns.

Bacdayan brings more than three decades of experience to the job, including as co-managing principal at Incline Equity Partners, a mid-market private equity shop he co-founded in 2011.

The firm expects to see strong exit and dealmaking activity in 2025, with 30 exits planned for the year.

Riverside Value was created in 2019 to invest in small and lower mid-market businesses facing special situations or unique challenges.