News

Another secondaries giant is edging closer to a final close. Plus: Sequoia says goodbye to a venture capitalist hall-of-famer; and LPs appear to share GPs' love of insurance capital. Here's today's brief, for our valued subscribers only.

CVC Capital Partners IX beats Blackstone's $26.2bn Capital Partners VIII fund to take the coveted top spot.

Glow Capital Partners, led by former Quadrant and Adore Beauty executives, this week struck the first deal of its debut fund.

Emerging manager fundraising has slipped, especially for first-timers, in the fundraising slowdown.

Half-year fundraising dropped by a fifth year-on-year to $315.5bn across just 508 vehicles that held final closes over the period.

Bain Capital Insurance Fund LP's investors include institutional investors and high-net-worth individuals and families.

Intermediation in the democratisation of private equity can be problematic when ensuring underlying clients know what they're getting into. Plus: buy-and-builds are taking off in Europe; and a team of ex-PAI execs have held a final close. Here's today's brief, for our valued subscribers only.

Fisch tells us about his early sports dreams, how endurance athletics can be relaxing, and the importance of giving back 'of our treasure and of our time.'

Fundraising has continued to slip overall, with a handful of funds finding their way to final closes, and everyone else struggling to hit their numbers.

DK Opportunities Fund VI targets investments in less liquid, longer-duration situations arising from capital dislocations, motivated sellers and substantial asset or structural complexity.