Fundraising

Although European mid-market M&A remains muted, creative dealmaking in select sectors is beginning to unclog the system.

LPs confront GPs’ creative – or some would say ‘desperate’ – efforts to stay in market without a new fund.

TMT-focused vehicles are getting bigger and more often closing on target, despite the wider fundraising malaise.

Tech companies are well placed to answer PE sponsors’ growing questions about AI readiness, helping to buoy appetite for the sector, say KPMG’s Anuj Bahal, Patrick Carpenter and Greg Sward.

Private equity sponsors continue to target tech companies developing mission-critical technology for the lucrative and rapidly evolving wealth management industry.

Things have gotten better in the industry, with North American funds taking the lead.

The alternatives giant raised $3bn via evergreen vehicles in Q3, around 10 times more than two years ago.

Brookfield, which recently announced an evergreen fund structure aimed at wealthy investors in Canada, now plans 'to set up similar strategies for other global jurisdictions and markets,' sources told Buyouts.