News

A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.

Alts now account for nearly one-fifth of the firm’s $1.37trn assets under management, driven by manager acquisitions and inflows from the wealth channel.

By identifying Matt Nord, David Sambur, John Zito and Grant Kvalheim as future leaders, and adjusting their compensation accordingly, Apollo is suggesting its eye is on the horizon.

Speaking on the firm's latest earnings call, chief executive Marc Rowan said the firm is expecting family offices to invest more than half of their assets in alternatives over the next half-decade.

The California-based system looks to commit up to $450m in 2024.

CIVC Partners Fund VII's LPs include insurance companies, fund of funds, pension programs, foundations and endowments, and family offices located across North America and Europe.

The fund's LPs include pension plans, sovereign wealth funds, insurance companies, endowments, fund of funds and family offices.

Fund VI raised $8 billion and Mid-Cap Fund II raised $1.7 billion.

Ares is starting from a "higher floor" when fundraising thanks to its investments in the private wealth channel. Plus: LPs share their must-haves for prospective impact managers. Here's today's brief, for our valued subscribers only.

Spain’s newest digital fundraising platform grants individual investors exposure to PE funds with a minimum investment of €10,000.