Managers

LP sales accounted for about $40bn, or 59% of activity in the first half, according to Jefferies’ half-year volume report.

A smaller fund means smaller fees, which means potentially less capital to run the organization. And as firms grew over the past five to 10 years, they will face the choice of needing to invest more to continue growing.

In our latest data visualisation we examine growth equity – a strategy showing early signs of a slump amid difficult market conditions.

The single-asset continuation fund deal is among many that are keeping secondaries professionals busy and sending the market to what could be record volume levels.

Mega-funds explain why two key indicators of private equity fundraising – capital inflows and fund closings – move in seemingly different directions.

If Linden Capital Partners VI meets the target, it would be 50% larger than its 2021-vintage predecessor.

SWIB says it expects to increase its private equity and debt commitment pacing to reduce the system’s excess liquidity.

The firm expects to have five active evergreen funds within the next 6-12 months.

As mid-market and emerging managers struggle for a sip of a dwindling pool of capital, opportunities abound for investors who can co-invest alongside GPs.

Victor Capital is among a handful of newer managers that have successfully attracted capital from investors in what many describe as the toughest fundraising environment since the global financial crisis.