North America

The San Francisco-headquartered firm has made investments in sports clubs such as the San Antonio Spurs, FC Barcelona and Real Madrid CF.

The soon-to-be listed manager’s flagship buyout fund series has amassed nearly €100bn since 1998.

Raising capital from wealthy individuals requires 'a lot of support, a lot of handholding, a lot of guidance, a lot of education', senior managing director Alex Catterick tells affiliate title PDI.

Former SK Group executive David Chung wants to leverage his experience as a strategic investor to bridge the gap between North American GPs and Asian LPs.

GPs are facing more significant DPI challenges than ever, despite valuations having returned to a steady state, according to the direct secondaries specialist's founder David Wachter.

At $12.4bn, the flagship is already the largest in New Mountain’s 25-year history, exceeding by 29% the size of its 2020-vintage predecessor.

The GP stakes unit of Azimut Group has acquired interests in Pathlight Capital and RoundShield Partners, and recently exited its stake in credit manager Kennedy Lewis.

The firm also closed a large secondary deal that raised about $2.1bn, which the firm combines to consider a total fundraising of more than $24bn, sources told affiliate title Buyouts.

In this podcast, PEI senior editor Adam Le sits down with Richard Anthony, chief executive of Evercore’s private funds group, to hear his advice for GPs wanting to launch ancillary strategies.

With Kaiser Permanente returning to market with its third billion-plus portfolio in as many years and more first-timers taking the plunge, secondaries players are hopeful more LPs will take a regular approach to the strategy in the years to come.