Buyout

The Korean manager was founded by Kevin Lee in 2012 with the sponsorship of PayPal co-founder and venture capitalist Peter Thiel.

Launched in the summer, OceanSound Partners Fund III has a hard-cap of $2.9bn and is expected to hold a first close 'imminently,' sources told Buyouts.

J-INC was founded by chief executive Soichi Yamaguchi, who previously led Bain Capital spinout Nippon Investment Company.

The pension fund will see its private equity pacing jump significantly next year, following several years of high distributions.

GL’s fundraise coincides with the September close of a $240m single-asset continuation fund backed by the Abu Dhabi Investment Authority.

Ashish Goyal will move on at the end of the year, joining other APAC departures from the $100bn pension fund and its Canadian peers, PEI has learned.

The firm reportedly paused a multi-asset CV involving this asset in 2023.

The pension fund will increase its pacing to the asset class for the first time in three years.

Haarmann tells us about his fantasy job as a pro hockey player, his love of ‘powder days,’ and why Omakase is a thrilling dining experience.

Research provided to Buyouts by TREO indicates the global volume of AUM of tail-end funds, or TEFs, hit $829bn in 2024, up 24% from 2023.