News

Monday is a public holiday in the US, so we'll return to your inboxes on Tuesday. In the meantime, we have a dive into why Ontario Teachers' Pension Plan now acts more like a GP than an LP. Plus: the US SEC has voted to approve new ESG disclosures and a sub line fraudster that shocked the market has been jailed. Here's today's brief, for our valued subscribers only.

Fundraising rising stars from Verdane, Development Partners International and Rede Partners discuss the future of the private equity market.

A heated marketplace has meant that many public pension funds are quickly reaching their annual commitment limits, with many also reupping with firms they have worked with multiple times.

Sixth Street has 'a waiting list' of LPs seeking to commit capital to Tao, a $25bn cross-platform evergreen pool, sources told Buyouts.

As larger managers are coming back quicker and with larger funds, early managers are having a harder time finding their way into LPs’ quickly dwindling allocations.

LPs will blame compliance officers for cybersecurity breaches and close calls, even if they caused them.

FFL Partners has closed its fifth fund at over $900 million, beating its $750 million target.

Fund X will invest in middle-market companies that have enterprise valuations between $100 million and $500 million.

Bain Capital's latest Europe fund is a lesson in modest appetites and LP alignment. Plus: Verdane funds' target jump and private equity's congested fundraising environment causes some to rethink their career paths. Here's today's brief, for our valued subscribers only.