Managers

'Sector expertise is important, but we don't believe it's enough,' says one of the firm’s managing partners

The US asset manager has hired Mark Wang, former global chief investment officer of HSBC Life, amid a push by GPs to raise more capital from the insurance segment, PEI has learned.

GTCR reported generating a whopping $8.1bn of realized value last year, more than triple the $2.3bn of 2024, and by far the largest amount generated in a decade.

Liquidity is central to Wafra’s decision when forming partnerships with new groups, as well as existing ones.

The firm’s co-managing partners spoke with Buyouts on its evolving investor base, the evolution of its lower mid-market strategy and more.

California pension with just shy of $1bn portfolio previously cited high fees and unimpressive risk-adjusted returns as reasons to skip private equity, but hears rationale for revisiting. decision from Callan

The firm's inaugural vehicle launched in June 2023 with a $4bn target.

Buyout, growth equity, secondaries, venture capital and other PE funds had raised a total of $308bn as of June 30, up 9% from the $282bn secured a year earlier, according to PEI Group data.

The manufacturing and industrials specialist revealed its intention to open its first Asia outpost in Tokyo last month, with Takajiro 'Tak' Ishikawa leading investments in the region.

The employee-owned multi-family office is nearing its 30th anniversary, and continues to be eager to differentiate itself from its competitors.