News

The firm's previous fund closed in late 2021 at over $1.1 billion.

The fund is expected to reach its hard-cap within six months of a first close, held in May, sources told Buyouts, indicating that a final close should take place before year’s end.

Norwest Equity Partners XI will focus on middle-market buyouts.

MetLife Investment Private Equity Partners II purchased a portfolio of approximately $860 million of private equity and equity co-investment interests as part of a managed secondary sale transaction.

Apollo S3 was the lead investor.

The Dutch pension giant had brought a portfolio worth $2bn-$3bn to market, affiliate title Secondaries Investor reported in June.

Family offices want to make more investments that unify passion and community beyond financial returns, according to Anushka Gupta, head of Americas at the bank’s family office unit.

The €255bn unit of French financial giant BNP Paribas Group wants to sell a bundle of private equity and infrastructure stakes, Secondaries Investor has learned.

The UK PE industry may look to the example set by their peers across the pond in lobbying against the UK Labour Party's planned carried interest reforms. Plus: favourable pricing expectations are leading more LPs to the secondaries market. Here's today's brief, for our valued subscribers only.