News

Arsenal gets LP approval for cross-fund investment in WIRB-Copernicus

Kohlberg’s latest fund on track to meet $2bn target

Strong performance for the past couple of funds and a well-established leadership team should benefit the firm, which was founded by Jerome Kolhberg (pictured), during fundraising for its latest fund, Kohlberg Fund VIII.

ABRY eyes 30 pct carry on debut lower-mid-market fund

McKinsey: Indian exit multiples on the rise

Indian private equity, known for its scarce exit options, is changing for the better, says McKinsey.

Reports: KKR to hire Northstar managing partner

The move, which will reportedly happen later this year, would be the latest statement of KKR’s south-east Asian intent.

Detroit’s Peninsula Capital revs up sixth mezz fund to $402 mln

Just closed: Sofinnova Ventures raises $596m

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SEC reaches $52.7 mln settlement with Apollo, its largest in PE to date

Just closed: Trinity Capital raises $25m

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Apollo pays $52.7m in settlement with SEC

The settlement, which centres on improper fees and conflicts of interest disclosure to limited partners and supervisory failure, includes a $12.5m penalty. It comes less than a year after Blackstone settled with the SEC for similar issues.