North America

In today's edition, A closer look at OMERS PE's newest funds czar; How to win friends and influence GPs; Singapore's alts community appears to tread water – with a catch.

The firm's LPs are generally a collection of serial entrepreneurs, ex-CEOs, and partners and ex-partners from large European private equity firms, according to founder Nicolas Paulmier.

The vehicle ‘will wrap up this year’ after multiple extensions to its projected timeline, CFO Alan Kirshenbaum says on the firm’s latest earnings call.

The firm posted its largest-ever monetisation quarter, with $848m of realised performance income across strategies and exit multiples as high as 20x.

The hard-cap of the firm formerly known as The Jordan Company's Resolute Fund VII is $2bn larger than its target.

Some fear GPs are at risk of overpromising and underdelivering on AI’s ability to drive topline growth.

With commitments from returning LPs, as well as new endowments, family offices and its first two public pension plans, the new fund has made 12 investments to date.

Investment chief Vishnu Amble sees cost-efficiency benefits in ‘full-service’ separately managed accounts amid lower private equity returns.

'Sector expertise is important, but we don't believe it's enough,' says one of the firm’s managing partners

What happens to incentivisation structures when a potential carry payout represents a mere drop in the ocean of an investment executive's net worth?