Private Equity

North America

Ares taps Wells Fargo for global diversity and inclusion officer hire

Indhira Arrington joins from Wells Fargo and will be responsible for 'enhancing the recruitment, development, retention and advancement of professionals from diverse backgrounds'.

2 min read · 28 January 2021

Blackstone fundraising drops by almost a third during pandemic year

The private equity giant collected $95bn across all strategies last year, according to its earnings results on Wednesday.

3 min read · 27 January 2021

Dechert's Leon Black investigation: Things you may have missed

A closer look at the investigation carried out by law firm Dechert reveals interesting details about Jeffrey Epstein's role in Leon Black's life.

3 min read · 27 January 2021

TCV collects record $4bn for 11th flagship to go after accelerated tech

TCV XI has raised $4bn, a record for the firm during its 25-year history that makes it one of the largest growth equity and VC funds to date.

2 min read · 27 January 2021

Apollo to focus on governance, reputational risk as Black steps aside

In a letter to LPs on Monday, Leon Black said the alternatives giant's approach to reputation risk until now had been 'conservative'.

4 min read · 26 January 2021

This Canadian pension wants to commit to your next fund

The Investment Management Corporation of Ontario has a five-year plan to establish itself as a major player in the co-investment market. GPs would be wise to take note.

2 min read · 21 January 2021

PODCAST: How a Democrat-controlled US government could impact private equity

Senior editors from across PEI Media’s titles discuss what they’ll have their eyes on in the coming months, from taxes and SEC oversight to the possibility of the industry being thrown into the public spotlight.

1 min read · 21 January 2021

Goldman Sachs offloads $4bn of PE from balance sheet

The bank is reducing the stress capital intensity of its businesses by selling balance sheet private equity investments, chief executive David Solomon said on the firm's earnings call.

2 min read · 20 January 2021

DOWNLOAD: Full-year 2020 fundraising in seven charts

Our interactive presentation breaks down private equity capital raising by strategy, geography, manager and more, and includes a list of the biggest funds in market as of January 2021.

1 min read · 20 January 2021

Blackstone’s Schwarzman expects ‘much less tension’ with China under Biden

Speaking at the Asian Financial Forum on Tuesday, the Blackstone founder said it seemed 'exceptionally odd and unproductive' for the world’s two largest economies not to co-operate.

2 min read · 20 January 2021

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