News

Fundraisers in the 40 under 40: Future Leaders of Private Equity list, from meteoric risers to people who made the switch to virtual without batting an eye.

Private Equity International's senior editorial team had to whittle down the entrants to 40 from more than 500 nominations.

MiddleGround Capital has raised $736 million in total for a series of funds, which include flagship fund MiddleGround Partners II, LP; MiddleGround Partners II-X, LP; and Mobility Opportunity Fund LP.

New State Capital Partners has closed its third fund at a hard cap of $450 million.

The advisory firm looks to bolster its ranks in a competitive skilled labour pool in key sectors and geographies to capitalise on continued covid recovery momentum.

Maverix's $500m debut tech growth equity fund, recently anchored by five institutional LPs, is now heading for a $350m initial close in June.

From relationship-building to staying nimble, the 2021 class of future leaders share their tips for forging a career in private equity.

LPs have flocked to the safety of mega-managers throughout the pandemic, yet the long-term implications of a shifting fundraising model are more nuanced.

Challenges could arise with public institutions like pensions, where investment staff answers to politically appointed CIOs and elected boards, and ultimately, the state Treasurer.

With so much competition for deals and investors, mid-market buyout funds are finding innovative ways to differentiate their offerings, say Baker McKenzie’s Justin Hutchinson and Alex Lewis.