Fundraising

The firm has gathered $12.5bn for Dyal Capital Partners V and expects to close on $13bn by year-end.

The investment consultant is seeking external capital for a secondaries fund, following consultants such as Hamilton Lane and StepStone in managing pooled private markets funds.

Co-headed by partners Michael McGinn and Bo Stanley, the growth platform was established by Sixth Street to provide bespoke capital solutions to mostly US-based mid-to-late-stage companies.

'We’re spending a lot of time with institutions we’ve never spent time with before,' co-CEO Scott Nuttall said in a Q3 earnings call.

Capital call loans are revealing both why they are useful and why some have flagged their widespread use as posing something of a systemic threat in a downturn.

Capstone Partners served as placement agent for ACP III, and Kirkland & Ellis LLP provided legal counsel.

A renewed focus on value creation and specific verticals may pay dividends for tech investments despite market volatility.

As impact assets under management mushroom, impact managers are fine-tuning their strategies and working to differentiate themselves from the crowd.

Why is Luxembourg an advantageous location for structuring debt platforms? Laurent Capolaghi and Vincent Rémy of EY Luxembourg explain.

At a time when PE fundraising is declining due to an overcrowded market and an LP dry spell, impact and sustainability funds have proved fairly durable.