Private Equity

North America

Cari Lodge’s Aqualis sets target for debut secondaries fund

Aqualis' offering will focus on what the firm sees as an underserved part of the secondaries market: smaller transactions.

2 min read · 19 May 2026

Quad-C sets target for 11th flagship vehicle

The mid-market firm is looking to raise its largest fund yet.

2 min read · 19 May 2026

Mercury Capital wins ruling in racial discrimination case

Jury dismissed claims by former placement agent Mercury Capital's co-founder that the firm became a 'safe haven for white men only' under then-CEO Michael Ricciardi.

2 min read · 15 May 2026

Welsh Carson targets $5bn for latest flagship

The firm’s 15th flagship vehicle targets mid-market buyout opportunities primarily in North America, according to documents prepared for a recent LP meeting.

2 min read · 14 May 2026

Side Letter: Flexing TPA

CPP makes the case for more flexibility in allocations; how Lazard and Campbell Lutyens see themselves coming together; Indian private equity activity slows.

5 min read · 14 May 2026

City of San Jose sets pacing to catch up to private markets target

The California-based pension approved a total commitment of $380m to private market assets for 2026.

2 min read · 13 May 2026

HarbourVest: Software secondaries getting harder to close

While some software businesses are poised to become stronger on the back of a wave of AI innovation, there will be others that suffer or become obsolete, says managing director Jeff Keay.

2 min read · 13 May 2026

CPP Investments’ take on TPA offers a vision to US institutions

In a recently released white paper, the Canadian pension system argues that adopting a TPA strategy helped it navigate a deeply uncertain market environment.

2 min read · 12 May 2026

Acacia Partners raises latest single-asset vehicle

The firm’s single-asset fund strategy gives selling shareholders confidence in Acacia’s 'patient capital' strategy, vice president Evan Kearns tells Buyouts.

2 min read · 12 May 2026

Side Letter: Secondaries stutter

Uncertainty has put a dent in otherwise burgeoning secondaries volumes; industry participants urge caution around evergreen marketing; emerging managers get a leg up in Canada.

5 min read · 12 May 2026

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