Managers

Along with the flagship fund, L Catterton is raising a fifth growth vehicle, targeted to bring in $1.25bn.

Higher caps for borrowing limits and more flexibility on fund life extensions are among fund terms trends in a difficult fundraising market, according to Proskauer.

While LP sales slowed around spring, activity has picked up and sources expect inventory to increase as the market moves into the third quarter.

A key aspect of the firm's strategy is sourcing opportunities it believes 'would benefit from the growth of the US Hispanic population.'

Diversis, formed in 2013, acquired a majority stake in Tempo in 2018, and bought the rest of the company in 2022.

At least four of the 20 largest private equity firms are back in market with flagship funds this year.

Woollatt talks about his love of finding new spots to ski, his being an 'Italian wine with steak' type of guy, and why he dislikes overuse of the word 'proprietary.'

According to fresh research from Goldman Sachs, average distribution-to-paid-in multiples (DPI) for the 2019-22 vintage era is 80% lower than the equivalent 2007-14 vintage set.

In recently paying fresh attention to private wealth, GPs, especially the largest ones, have discovered it represents a major opportunity.

Many long-time firms are navigating challenges of succession and strategy in an era of slower fundraising and more expensive debt.