News

While much of the market news was gloomy, there were bright spots. Many GPs, big and small, old and new, succeeded in their fundraising – despite the challenging environment.

'Given that we don’t think the fundraising pace is going to pick up dramatically in 2024, then we will continue to take our time to ensure we’re backing the right partners while getting appropriate terms – and we’ll weigh our options if that’s what is required.'

PEI’s Spotlight podcast was downloaded more than 132,000 times in 2023, with the most popular episodes including conversations with secondaries leaders and discussions about high interest rates.

Such is the pace of private equity consolidation that one in six global asset managers will be gone by 2027, according to PwC.

In 2023, continuation funds spread to geographic markets anew and niche strategies such as impact funds, while increasingly involving complex situations and assets.

Employee ownership this year was more often figuring into private equity value-creation strategies.

A round-up of the key people moves to have taken place in 2023, including appointments at Sixth Street, Hg and Bregal Investments.

This will be our last newsletter column of the year as we go on break next week. We’ll be back in early January with our insider view of the inner workings of firms and funds. We hope you enjoy the holiday season and actually get some sort of a break, before the January rush.

Founded in 1994 and headquartered in Seattle, JPE is a provider of aftermarket solutions for the commercial aerospace industry.

Edgewater Capital Partners V's LPs include corporate pension funds, funds of funds, endowments, insurance companies, and other institutional investors, based primarily in North America.