News

Webster Equity Partners has raised over $1.24 billion for its fifth fund, according to an SEC filing.

What a year it has been! Side Letter is taking a break over the festive period and will return fresh-faced in January. Plus: Canada's IMCO is ahead of schedule with plans to triple its PE portfolio, and why West Africa has untapped LP potential. Here's today's brief, for our valued subscribers only.

While inflation has caused GPs to look hard at portfolio companies' pricing power, it is not necessarily bad for private equity in the long run.

Fund I held an initial closing in August, securing $140m, and is expected to hold additional closings in early and mid-2022.

Time to vote for the firms, investors, intermediaries, deals, lawyers and funds you think deserve recognition after a heady year for private equity. Plus: Highlights from Europe's crowded mid-market and Aussie pension Cbus is on a mission to cut costs. Here's today's brief, for our valued subscribers only.

The UK government this year gave defined contribution schemes more flexibility to invest in illiquid assets via the long-term asset fund.

Thanks to this year’s strong fund and direct investing, IMCO is already two-thirds of the way to reaching its goal of C$6 billion-plus of PE portfolio assets by 2025.

More than one-third of the top 50 biggest GPs in private equity have used continuation funds on their assets – a trend that's likely to continue into 2022.

Multistage investor Norwest Venture Partners has raised $3bn for Fund XVI, its largest fund to date and its first to include a formal ESG policy.