News

Fund III's hard-cap was slightly increased by Tenex due to demand from limited partners, sources told Buyouts.

The credit facility is notable for its size and because it is the first of its kind in Asia.

Rising expenses, and the challenge for many LPs of getting the financial data they need to justify the costs, are leading to misalignment between managers and their fund investors.

The firm aims to excite positive social change in American small businesses, says Brightwood Capital, and Goldman Sachs Special Sits alumni, founder Eric Taylor.

Whether it’s tenders, intervals, evergreens or hybrids, the private funds industry is seeing a re-emergence of novel fund structures. We spoke to managers and service providers trying to tap a growing base of investors.

While no hard-cap has been set for Fund V, it is expected to bring in no more than $2bn.

Scott Nuttall and Joe Bae succeed Henry Kravis and George Roberts as co-chief executives.

LPs want to understand a GP’s process for arriving at a valuation of a portfolio company because they have to trust the manager’s numbers.

Marlin’s heritage fund platform was established to invest in lower-mid-market companies using the same core strategy deployed through its flagship vehicles.

LP demand for co-investment opportunities has risen sharply in recent years and is expected to remain strong this year.