Managers

Salon’s hire reflects BCI’s ongoing expansion as a global investor in buyout and growth equity opportunities in six core sectors – including healthcare.

While board members initially expressed enthusiasm for a “Plan A” that would increase allocation to private equity assets, concerns were brought forward regarding potential fees and liquidity constraints.

Sousou’s retirement comes as TowerBrook, formed in 2005, raises its sixth fund, targeting $4bn.

Japanese institutions contributed 54% of the newly closed Fund IV – the largest proportion of any Longreach fund to date, partner Mark Chiba tells PEI.

Maintaining a relationship between two private equity professionals can be a challenge, as work and travel take up most of their time. 'It forces us to be intentional about how we spend time together.'

The Bangkok-headquartered firm has so far received $195m in commitments for 10 Bridge Fund IV, partner Samon Suwannarat tells PEI.

The fund will create a co-investment underwriting program focusing on private equity assets and increase its private equity commitments by 1 percentage point on a yearly basis.

As the continuation fund market evolves and expands, it’s inevitable that some of the assets would fall into bankruptcy.

The fund has already surpassed its €1.38bn predecessor, which closed ahead of its €1.35bn target in 2019, Private Equity International has learned.

Set up in 2021 by CEO Marcia Page, co-founder of Värde Partners, MPowered is part of new wave of private market GPs run by seasoned female dealmakers.