News

Buyouts exclusively revealed that Stone Point is targeting at least $9bn for its 10th fund, the same amount it raised for its ninth fund, which it closed in 2022.

Fund VI's limited partners include financial institutions, insurance companies, pension funds, foundations, endowments, consultants, funds of funds, and institutional family offices.

Blue Owl also held a first close of about $600m for a new mid-cap GP stakes fund, $500m of which was seed capital provided by partner Lunate, sources told affiliate title Buyouts.

The system’s private markets chief sees opportunities as lengthier fundraising timelines continue.

Despite strong performance, the small buyout segment is receiving less capital from limited partners. As is usually the case, LPs are content to stick with their deepest relationships in uncertain markets.

A revision of Australia’s foreign investment rules will see ‘low-risk’ investments from familiar investors reviewed more quickly, particularly if they are made into non-sensitive sectors.

Fund II's limited partners include endowments, family offices, and fund of funds.

Monday is a bank holiday in the UK, so we'll return to your inbox on Tuesday. In the meantime, Carlyle has unveiled a launch timeline for its debut private equity wealth product. Plus: MSCI data suggests the worst may be over for PE's distribution drought. Here's today's brief, for our valued subscribers only.