Buyout

Capital alone is no longer the deciding factor for management teams evaluating potential GP partners, argued CEOs from Eurazeo, Astorg and Ridgepost at an industry event on Wednesday.

Scott Kleinman, co-president of the firm, said at an industry event on Wednesday that the real obstacle is sellers being unwilling to accept the price the market is offering.

For the energy private equity firm, which has a direct investment model, traction on the fundraising trail may owe to performance.

KCGI Private Equity is expected to launch Fund II in 2027, managing director Taeyoung Chung tells PEI.

Evercore and HEC Paris’s fifth continuation vehicle performance study found that top-performing CVs tend to best their buyout peers.

While a handful of pan-Asian mega-funds are soaking up the majority of LP interest, some argue that local mid-market champions are most likely to deliver outsized returns for investors in Asia-Pacific.

The pension anticipates increasing its private equity allocation to a $1bn target by 2030, as it expects a growing influx of distributions over the next four years.

The investment giant is seeking to add relationships in Australia’s mid-market after completing a similar process in Japan, managing director Martin Liew tells PEI.

Co-investments and single-asset CVs offer investors 'greater control', partner Zach Jackson tells PEI.