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Performance may give Greenbriar an edge in a difficult fundraising environment. Fund V was as of March earning an 84% gross IRR, while Fund IV was earning a 76.3% percent gross IRR.

While fundraising overall has slowed amid broader economic uncertainty, emerging managers have a challenging job in convincing limited partners to make commitments outside their established relationships.

The findings come as PE fundraising has slowed precipitously from the peaks of the past few years.

After being overallocated to its private equity asset and special opportunities portfolio for fiscal year 2022, Alaska Permanent Fund will commit less moving into 2023.

Ukraine's Horizon Capital has reached a first close on its latest flagship despite the country's humanitarian crisis. Plus: PEI Group has acquired the FundFilter analytics platform and BC Partners is losing three senior executives. Here's today's brief, for our valued subscribers only.

The Kyiv-headquartered firm is 'leaving no stone unturned' in supporting its portfolio companies, says founder and chief executive Lenna Koszarny.

The hiring comes as several mid-market investment banks are acquiring capabilities to advise on secondaries transactions, usually focused on GP-led deals like single-asset continuation funds.

The Taiwan based insurance company has committed to a fund managed by Clayton, Dubilier & Rice.

Alex Mejia is joining Baird, less than 18 months after joining Goldman to advise on single- and double-asset GP-led deals.

Public pension systems that are over-allocated due to the denominator effect and market volatility are expected to produce a flood of fund stake sales.