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The investment house, which is not a signatory to the UK’s Mansion House Accord, is focused on enabling its GPs to 'go wherever they see the best investment opportunities', according to its investment director.

A resurgence of demand for payment in kind financing at the portfolio company level could leave these firms more vulnerable to defaults. Plus: how Fidelity will deploy its LTAF. Here's today's brief, for our valued subscribers only.

Investors in the firm's Private Assets Fund overwhelmingly approved a change to the way carry is calculated, executive co-chair Hartley Rogers tells PEI.

Captona is targeting about $1bn for the fund, which will advance the firm's strategy of making carbon-reducing investments in energy infrastructure assets, sources told Buyouts.

Avance Investment Partners II is capped at $1.75bn, a person with knowledge of the fundraising told Buyouts.

Heritage Europe III’s limited partners include public and private pensions, insurance companies, endowments, foundations, consultants and family offices.

Backed by family office capital at inception in 2001, Texas-based CAZ has become one of the largest allocators to GP stakes funds and directs over the past two decades.

While the pension has been a net buyer of secondaries in the past, poor distributions from private equity assets in these particular vintage years would cause the LP to look at opportunistic sale processes of certain managers.

A look at the risks facing GPs setting up shop in the Middle East. Plus: Bain Capital's David Gross shares his tips on investing in uncertain times and Morgan Stanley raises its latest fund. Here's today's brief, for our valued subscribers only.