News

The firm is understood to have hired an executive recruitment company to find professionals to build its business.

The PE heavyweight’s GP platform, which aims to back the next-generation of diverse managers, will provide both seed capital and working capital of more than a year to its GPs.

Ontario Teachers’ last year saw a change in its top PE leadership, with Karen Frank, previously CEO of Barclays Private Bank, replacing longtime head Jane Rowe.

The shift to remote work during the pandemic has meant 'doubling down on commitments' to portfolio companies, operating partners said at a recent Private Equity International virtual event.

Fundraising updates for Genstar, Glendower and Providence, plus why CFIUS could throw a spanner in the works for anyone considering a SPAC. Here's today's brief, for our valued subscribers only.

Florida's in-state program is split between two different managers and several different tranches dating back to 2009.

The market continues to evolve, writes Mark Donnelly, managing director at Runway Growth Capital, who says he is seeing larger debt facilities, lower cost of capital, lighter covenants and less amortization.

KKR has closed its fourth Asian fund at $15 billion.

D.E. Shaw has raised $1 billion for a private credit fund.

Hark Capital, a unit of Aberdeen Standard Investments, has closed its third NAV-based loan fund at a hard cap of $400 million, beating its $300 million target.