Buyout

Japanese institutions contributed 54% of the newly closed Fund IV – the largest proportion of any Longreach fund to date, partner Mark Chiba tells PEI.

A new bill would, if signed, require private fund managers to get the state attorney general’s approval for healthcare transactions.

The Bangkok-headquartered firm has so far received $195m in commitments for 10 Bridge Fund IV, partner Samon Suwannarat tells PEI.

The Canadian pioneer of institutional direct investing is launching a global private equity funds strategy with long-time exec Michael Graham set to retire.

The sovereign wealth fund posted a roughly $552 million quarterly decline in its PE holdings, according to a Wednesday portfolio update.

The strategy is the firm's fastest growing unit from a headcount perspective, according to chief executive David Layton.

Secondaries funds can deliver outperformance compared with PE buyout funds due to their diversification and asset-screening processes.

The firm’s 2016-vintage Fund VI was producing a 2.03x DPI as of December 2023, according to PEI Group data.

The new flagship offering's target size is 12% larger than Fund IX, which closed in 2021 on $5.6bn.

Details of Thoma Bravo Fund XVI and the returns of its predecessors have been disclosed in US pension materials.