North America

LPs will blame compliance officers for cybersecurity breaches and close calls, even if they caused them.

Trivest Fund VII raised $950 million while Trivest Discovery Fund raised $600 million.

The PE manager's GP commitment will account for 10% of Bain Europe VI's total.

Advent International Global Private Equity X found itself on LP 'priority lists' thanks to the strong performance of its predecessors, global co-head of LP services Robert Weaver told PEI.

The fund will invest in assets acquired by 2019-vintage Insight Venture Partners XI, following the launch in 2021 of a vehicle targeting Fund X investments.

The SWF's special opportunities basket focuses on direct investments in venture capital and buyout deals as well as co-investments and stakes in investment firms.

Revealing details of the deal to CHI employees in person was, 'one of the most joyful things I have been involved in in my life', said KKR's Pete Stavros.

The firm will list 25% of its asset management unit by year-end as it seeks to expand its offerings and investor base.

The fund's limited partners include pension funds, insurance companies, family offices and high-net worth individuals from the United States, the Middle East, Asia and Europe.

The firm's core PE strategy, which since inception has earned a 26% gross IRR, oversaw $32bn of assets at the end of March.