Western Europe

LPs appear to want to appoint a new manager to keep the portfolio running because the investments have performed well so far.

Affiliate title Secondaries Investor first reported in May 2020 that CVC had been in talks with potential candidates about building a secondaries business.

The mid-market firm's troubles highlight the rare risk of members of a GP not seeing eye-to-eye on what's best for their LPs.

Increasingly litigious interactions and overt hostility at Novalpina has increased the appeal of a possible third-party replacement, PEI understands.

The blow-up between founders of Novalpina Capital is a rare thing. We dig deeper into what constitutes a GP removal.

The firm launched a longer-hold PE strategy early this year and is readying a similar vehicle focused on core infrastructure.

The firm has added three partners and a principal across its London, New York and Dubai offices.

The private markets firm received $12bn in new commitments over the first half of 2021, supported by strong activity in larger flagship funds and increased investment activity.

Nearly half of entrepreneurs with investable assets of at least $25m increased their allocations to direct private equity deals, according to a report from the French bank’s private wealth unit.

Our interactive guide to the Global Investor 100 digs deeper into the investors most active in private equity by institution type, location and average allocation.