News

LPs have become focused on distributions as they balance liquidity needs in a difficult marketplace.

The number of vehicles to wrap up fundraising during the first quarter suggests total funds to close this year could fall by half, according to PEI data.

The Hong Kong-based multi-family office has capacity to make commitments in the high-single-digits and is growing increasingly bullish on European PE.

The South Korea-based public pension aims to commit $120m to two or three managers.

A key feature of the Pathfinder strategy is its social impact pledge. Inclusive of Fund II’s first close, the platform will have more than $10.5bn of capital 'designated with this charitable tie-in,' CEO Michael Arougheti says.

Fundraising is taking longer but many LP institutions still have appetites for backing new shops.

The fund's limited partners include Prudential Financial Inc, the University of Chicago and Neuberger Berman.

Pacific Avenue Fund I's limited partners include insurance companies, consultants, endowments and foundations, funds of funds, family offices and individuals.

Apollo's next mega-fund looks to be coming at the best possible moment. Plus: a senior executive has left Wafra and Japan's Advantage Partners has raised a new buyout fund. Here’s today's brief, for our valued subscribers only.

Relatively strong marks are pushing portfolios out of balance and forcing a discussion about why PE isn’t experiencing the kind of pain seen in the broader economy.