Fundraising

As of March, Fund III was performing strongly, with a 1.6x net multiple and a 53% net IRR.

As funds hit the market over the next few months, they will likely contend with what some sources have told me is 'LP fatigue.'

The SEC's proposed private funds reforms are also 'influencing' the market, especially around prohibited activities and GP-led deals, says Paul, Weiss partner Marco Masotti.

One Peak, a growth investor targeting B2B software companies in Europe and Israel, has closed its third fund at its hard cap of $1bn.

Northleaf's new Tokyo office marks “an initial step in the region,” APAC head Pentland told Buyouts, that could precede the opening of a third Asia-Pacific location, potentially in Seoul.

TA, like other firms fundraising in quick time like Hellman & Friedman and Thoma Bravo, could face resistance from “fatigued” LPs.

The mid-market private equity firm has closed its seventh fund at $4.3 billion and $835 million for its second structured capital fund.

Thoma Bravo has had an active year on both the buy and sell side, with buyout fund investments and realizations representing approximately $38 billion in combined enterprise value.

Unlike many of its peers, Waud did not greatly increase the new vehicle’s ticket size. On the contrary, Fund VI is seeking slightly less than the amounts raised by its two predecessors.

As economic and geopolitical concerns permeate, GPs are arming themselves against fundraising uncertainty.