News

Fund III will target financial services companies that have between $7 million and $75 million in recurring revenue.

A group of New York pension giants are hoping to shift a mammoth private equity portfolio. Plus: why secondaries could be on the up next year; and Investcorp looks to spread the ESOP love. Here’s today’s brief, for our valued subscribers only.

Private equity had a quiet ride in 2024, with longer fundraising timelines hampering activity.

The survey findings come as some LPs dial back their appetites for private equity due to performance concerns.

The board of the sovereign wealth fund is considering a proposal to increase its target allocation to venture capital strategies to a range of 10-25% from a range of 0-5%.

Because of their significance to the private equity industry, there will be a lot of eyes on exit trends in the months ahead.

Securitize's co-founder and president says the company is 'ecstatic' about the nomination.

Along with targeting a larger fund size, Novacap aims to wrap up the new flagship in a single closing in the first quarter of next year, according to pension documents.

VCP Fund I's LPs include institutional investors, former investment colleagues, and founders and CEOs from prior investment partnerships.