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Partner and head of IR Pär Norberg will step down from his role, while the firm's EMEA IR head will leave after a period of maternity leave.

There are concerns about growing amounts of capital going to a smaller, select group of companies, while AI threatens to inflate valuations in the VC space.

Saturn 4 aims to deliver a 3x MOIC for investors by investing in European-headquartered and transatlantic businesses.

Bain Capital XIV will write equity cheques as large as $900m and will seek to make as many as 20 investments.

The asset manager will distribute existing funds to the private assets platform for individuals.

People moves have been on the rise in the wealth and secondaries space.

The healthcare sector – particularly for service provider assets in the US – has been in the spotlight of regulators, enforcers and legislators throughout 2024.

The departure comes six months after the firm said it was opening in the UAE to deepen its push into the Gulf region.

While continuation funds are increasingly common liquidity solutions, not all of them are delivering the appropriate returns, according to Cari Lodge, head of secondaries at Commonfund.