News

The fund reached its hard cap four months after launch.

Despite the tough fundraising landscape, Apollo aims to surpass the $130bn it gathered over 2022 this year.

KKR is expecting capital formation to slow in the near term. Plus: BVCA data shines a light on UK private equity's diversity efforts; and two-fifths of family offices want more exposure to PE. Here’s today's brief, for our valued subscribers only.

The PD 50 Fund aims to provide investors with exposure to a diverse group of 50 of the largest private debt funds, off the back of the firm's January first close on its private equity vehicle.

Fund VII does not have a target, sources tell Buyouts. It will continue raising capital, they say, with Silver Lake expected to announce a final closing before the end of the year.

The US pension fund plans to raise its PE allocation target to 10%.

Chris Lerner will be responsible for launching a company focused on investments in private markets fund managers and industry solutions providers, PEI understands.

Asia-Pacific’s contribution to fundraising last quarter fell below historical norms – with just $2.2bn raised, or 1.3% of the global total, according to PEI's downloadable Q1 data.

Buyouts has identified 10 intriguing first timers that are today braving a brutal fundraising market. Reflecting an array of backgrounds and strategies, we plan to keep close tabs on them in the months ahead.

The private equity portfolio of the under-the-radar retirement system paid $1 billion more in contributions than it received in distributions.