News

The fund will invest in the US mid-market.

Blackstone is bullish on the region and believes it will benefit from geopolitical uncertainty, Steve Schwarzman and Jon Gray tell Private Equity International.

Arrowsmith today heads JMI, according to pension documents, marking a quietly executed succession since two years ago, when he shared that responsibility with founder Harry Gruner.

The investment bank has said it will no longer work with the tech and healthcare investor on placing its latest flagship fund, which is expected to seek at least €3bn.

The bruising fundraising scene is creating a vastly more competitive market for placement agents, as well as fresh lines of business, but only for those able to adapt.

The tech and healthcare investor is understood to have already raised more capital for its sophomore Spark II vehicle than its predecessor's final amount.

It's Juneteenth in the US, so today's is a slightly truncated Side Letter. We examine why private wealth can complicate the industry's push into defence. Here's today's brief, for our valued subscribers only.

Fund V marked a divergence from the firm's previous fundraising method. This time, Post Oak roadshowed for the fund.