Private Equity
The system’s investment staff may expand target ranges, among other tweaks, as its cashflow needs increase.
2 min read · 13 September 2023
Interlock Fund I's limited partners include endowments, foundations, family offices, gatekeepers, pension, insurance and fund of funds.
1 min read · 12 September 2023
Fund XI’s limited partners include sovereign wealth funds, foundations, public and corporate pension plans, financial institutions, family offices and individual investors.
1 min read · 12 September 2023
Private fund managers shouldn't rest on their laurels around attempts to block the SEC's rule changes. Plus: the average number of closes needed to raise a fund is up 60 percent; and LPs want tech firms to double down on AI. Here's today's brief, for our valued subscribers only.
4 min read · 12 September 2023
No timeline has been given for Aronson’s eventual departure.
2 min read · 11 September 2023
Customised investment accounts made up more than one-fifth of the pension’s $59.7bn PE portfolio.
2 min read · 11 September 2023
An explosion of GP-led secondaries is prompting LPs to ensure their no-fee co-investments won't become more expensive down the line. Plus: Why minority recapitalisations are in vogue; and how AI can improve GP operations. Here's today's brief, for our valued subscribers only.
4 min read · 11 September 2023
Most of the manager’s previous funds raised significantly more than Fund V’s goal.
3 min read · 08 September 2023
GP-led secondary deals like single-asset continuation funds represented about 40 percent of estimated total market volume in the first half, according to Lazard’s first-half volume report.
2 min read · 08 September 2023
The US public pension has backed senior debt vehicle.
1 min read · 08 September 2023
