News

Will the Fed Chair's remarks impact private equity exits?

The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.

Our colleagues at Secondaries Investor celebrate their 10-year anniversary with an exploration of the market's driving forces. Plus: LACERA is the latest to offload a hefty private equity portfolio. Here's today's brief, for our valued subscribers only.

The development comes as part of an ongoing review of certain current and former EQT employees’ carried interest taxation – in particular, whether it should be taxed as employment income.

Speaking at an event in Hong Kong on Wednesday, the firm's head of APAC private wealth said it is 'critical' that open-end funds are valued frequently enough to assist subscriptions and redemptions.

The deal is part of a wave of LP secondaries that are being driven by fund investors' desire to get proceeds from older funds.

StepStone was the fund's lead investor.

The fund will focus on next-generation cybersecurity companies.

Canada's government wants the nation's pension giants – some of the world's largest private equity investors – to deploy more of their capital at home. Plus: why one prominent US pension is bullish about this year's exit outlook; and the US mid-market appears resilient. Here's today's brief, for our valued subscribers only.