Private Equity

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Off-duty: Searchlight’s Erol Uzumeri on being a coffee fanatic, Pilates and eggplant

Uzumeri tells us about his dream job as a coffee shop owner, his 'happy place' in Turkey and the value of surrounding oneself with talented people.

3 min read · 22 April 2024

Kansas law opens door for state pension to boost PE exposure

The $26.2bn system’s cap to alts goes from 15 percent to 25 percent.

3 min read · 22 April 2024

Strattam Capital collects $308m for third fund

As a result of this fundraising, Strattam now has more than $1 billion assets under management.

1 min read · 22 April 2024

Sterling Group racks up $3.5bn for sixth fund

Sterling's previous fund closed at $2 billion in June 2020.

1 min read · 22 April 2024

GEF Capital wraps up sophomore U.S. climate solutions fund at $325m

GEF US Climate Solutions Fund II invests in lower middle-market companies in the U.S. and Canada focused on climate change.

2 min read · 22 April 2024

Inside AXA IM’s acquisition of W Capital Partners

GPs are facing more significant DPI challenges than ever, despite valuations having returned to a steady state, according to the direct secondaries specialist's founder David Wachter.

3 min read · 22 April 2024

Side Letter: PE's 'new normal' for exits

Far from being a quick fix for cash-starved LPs, GP-led processes could soon develop into a much more viable exit route in their own right. Plus: how to raise capital from Indian family offices. Here's today's brief, for our valued subscribers only.

5 min read · 22 April 2024

Slow start to 2024 fundraising amid steady buyout interest

Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.

2 min read · 22 April 2024

Declaration Partners explores secondary as anchor LP David Rubenstein seeks liquidity

The deal would allow Rubenstein to sell partial stakes in several assets, which will support his investment in the Baltimore Orioles Major League Baseball franchise, sources said.

2 min read · 19 April 2024

Fresno County adds $50m in commitments

The Fresno County Employees' Retirement Association committed to three buyout-focused funds, with $20m to Sterling Group Partners VI, $20m to JFL Equity Investors VI and $10m to Bridgepoint Development Capital V.

1 min read · 19 April 2024

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