North America

Smaller managers are under pressure to commit to their own funds as LPs seek stability in a volatile market.

Shortly after reaching its long-time goal of $1trn in AUM, Blackstone ushered in Lionel Assant and Kenneth Caplan as co-CIOs. We sit down with the pair to discuss how the newly created role will aid the firm in its future growth.

Emerging manager fundraising is down, with first-time funds globally raising around $25bn last year, compared with $47.6bn in 2022, according to data from affiliate title Buyouts

From Korean VC to Southeast Asia growth funds, Trinity Church Wall Street is seeking managers on an upwards trajectory as it pushes deeper into PE, according to its managing director for investments.

Alaska Permanent Fund Corporation’s director of private equity Allen Waldrop sat down with PEI’s Madeleine Farman on the sidelines of PEI Group’s NEXUS 2024 summit.

Concerns over future use-cases in face of AI has led to ‘a number of broken sales processes’, says Sascha Pfeiffer, head of European technology at Houlihan Lokey.

CalPERS committed a combined $2.1 billion to 13 growth equity and VC funds in the third quarter of 2023, a new report shows.

Advent chairman and managing partner David Mussafer sat down with PEI’s Madeleine Farman on the sidelines of PEI Group’s Nexus 2024 summit.

Already a prolific owner of alternatives managers via its balance sheet, global wealth manager AlTi will consider transitioning from LP to GP with the launch of a fund in this space.

The firm will focus on active ownership in PE and expansion across geographies, as well as in the private wealth sector, CEO Christian Sinding tells PEI.