News

The private equity industry continues to face challenges around realisations, according to chief executive Bobby Le Blanc.

Do key person clauses deserve a rethink? Plus: France's Quadrille has set up shop in New York; and a former CIO at the Alfred P Sloan Foundation has joined a Middle Eastern investor. Here's today's brief, for our valued subscribers only.

The first two funds in the series, targeting Chengdu and Guangzhou, have collectively raised around 2bn yuan from both overseas and domestic LPs, PEI understands.

The Canadian province’s legislature, led by premier Danielle Smith, dismissed AIMCo’s CEO, Evan Siddall, along with three other board members last Thursday.

Fund III's LPs include endowments, foundations, health systems, public pension plans, family offices, fund of funds, advisors, and consultants.

Some of Asia's most influential LPs have teamed up to catalyse climate investments in the region. Plus: Onex has been ramping up its distributions in a bid to resume fundraising for its latest private equity flagship. Here's today's brief, for our valued subscribers only.

Markets of interest include the UK, DACH and the Nordics, Allen Waldrop, deputy CIO for private markets, tells PEI.

Transom also announced the closing of an additional $79.5 million in co-investor capital commitments.

The sale comprised 13 fund investments, eight of which held vintages of 2013 or earlier, with the funds offloaded for an adjusted purchase price of $737.1m, according to documents seen by Buyouts.