Growth equity

New York-based investment firm looks to be active across venture capital and growth equity.

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

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

Darren Cohen of Goldman Sachs discusses the recalibration occurring in the technology market and how digital innovation is driving change across industries.

PSG Europe III is targeting a 3.0x gross MOIC and 30% gross IRR, according to documents prepared for the New Jersey State Investment Council.

The PE portfolio's growth in FY2025 appears to be its largest jump since FY2021.

Private equity funds took an average of 17 months to hold their final close in the first three quarters of this year, marking a slight shortening on last year.

IFM will exit its remaining portfolio companies within the next five years, after failing to scale its PE strategy sufficiently despite strong recent returns.

The fund is expected to wrap up in December of this year.