Private Equity
John Panebianco joins the PE team led by his former New Jersey colleague Jared Speicher, who joined MetLife last year to lead the US LBO portfolio.
2 min read · 11 January 2023
The Harvest process allowed LPs in the firm’s seventh and eighth funds to sell their stakes at relatively high prices compared to other recent deals.
3 min read · 09 January 2023
An LP opening its wallet for a GP in today’s fundraising market is a big move of confidence, especially if it represents the formation of a new relationship.
2 min read · 06 January 2023
Fundraising is slowing as LPs slow their pace of deployment amid overallocation pressures and dwindling distribution activities.
3 min read · 05 January 2023
The LP/GP relationship is one of constant flux and balance. Returns are the big factor (kind of like money issues in a marriage), but other characteristics contribute to the strength or weakness of a PE relationship.
3 min read · 23 December 2022
The goal is to back treasure assets that sponsors are trying to hold and grow, even when they run up against structural fund issues like tapping out reserve capital.
3 min read · 20 December 2022
Linse Capital, founded by former Kleiner Perkins partner Michael Linse, has raised $700m in fresh capital. About $563m of the total will go to Linse Capital Fund I, which will invest in a 'select handful of new companies per year, investing between $100m and $400m in each business over time.'
2 min read · 19 December 2022
The move comes as Blackstone Growth is in the process of raising its second fund, targeting $7bn to $8bn.
1 min read · 15 December 2022
Nearly 85% of LPs expect a reduction in distributions over the next year, Rede Partners’ report said.
3 min read · 14 December 2022
Secondaries activity has slowed as a result of market dislocation and a wide gap between buyer and seller expectations.
2 min read · 13 December 2022
