Private Equity
The firm expects some investors to pause new commitments as the board’s conflicts committee conducts an independent review into co-founder Leon Black’s relationship with Jeffrey Epstein.
6 min read · 29 October 2020
The US public pension has backed a North American and European-focused fund.
1 min read · 29 October 2020
Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.
3 min read · 29 October 2020
The crisis has been worse for smaller, more specialized managers, said Michael Arougheti during an earnings call on Wednesday.
2 min read · 29 October 2020
Results from two major listed PE firms so far this week show some in the industry are not only weathering the pandemic storm, they're raising record amounts to boot. Here's today's brief, for our valued subscribers only.
3 min read · 29 October 2020
The fundraising total includes $460 million in LP commitments and a $180 million GP commitment.
2 min read · 29 October 2020
The $53.8bn pension, founded in 2016, plans to do more direct investments in the future.
2 min read · 28 October 2020
CEO Jeffry Brown, a former Dyal Capital Partners principal, expects to see bolt-on strategies in use over the next five years, especially as mid-market firms increasingly transact with GP stakes funds.
3 min read · 28 October 2020
Alternatives has more than $6 trillion in assets under management, and only about $100 billion of that trades hands in secondaries, Blackstone president Jonathan Gray said.
2 min read · 28 October 2020
The firm saw ‘renewed momentum’ on the deal side in the third quarter, and more than $15bn of inflows across asset classes, including $2.3bn for Blackstone Growth.
3 min read · 28 October 2020