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The firm held a final close on Cathay Innovation Fund II on €650m last month, more than doubling the firepower of its 2016-vintage Fund I, founder MingPo Cai tells PEI.

The secondaries market has quickly moved from traditional sales of LP portfolios to transactions that give GPs more time with certain assets while allowing LPs in older funds to grab liquidity.

The $63.8bn pension has been looking to increase its co-investment activity over the last year or so.

Energy Capital Partners "might be in a position to launch Fund V in the second half of 2021,” founder and senior partner Doug Kimmelman told Buyouts.

The bank is reducing the stress capital intensity of its businesses by selling balance sheet private equity investments, chief executive David Solomon said on the firm's earnings call.

Our interactive presentation breaks down private equity capital raising by strategy, geography, manager and more, and includes a list of the biggest funds in market as of January 2021.

Blackstone's Stephen Schwarzman says the Biden administration is likely to adopt a softer tone towards China. Plus: the world's second largest SWF streamlines its direct investing processes and Partners Group reports a spike in realisations. Here's today's brief, for our valued subscribers only.

Speaking at the Asian Financial Forum on Tuesday, the Blackstone founder said it seemed 'exceptionally odd and unproductive' for the world’s two largest economies not to co-operate.

The US public pension committed twice as much capital to the asset class in January 2021 alone than it did in the six-month period between June and December 2020.

CIO Jim Grossman told the $63bn pension's board that staff would focus on slower private equity pacing to reduce its allocation for now.