Fundraising

Deal attribution is a major factor in helping potential fund investors understand the track record of the founders.

StepStone Secondary Opportunities Fund V's limited partners include sovereign wealth funds, public and corporate pension funds, endowments, foundations and family offices.

The New York manager, an investor in complex and regulated sectors, said in a pension presentation it had closed and circled more than $1.7bn for Fund VI.

‘It's the golden age of flexible capital,’ Angelo Rufino, Bain's head of North America special situations and corporate special situations in Europe, tells Buyouts.

Architect is out in the fundraising market that has been battered by slow exit activity and limited partners reluctant to extend themselves outside of their deepest relationships.

The fund's backers include institutional investors, high-net-worth individuals and existing investors.

The fund will invest in middle-market businesses in North America.

Vitruvian Investment Partnership V is already 25% invested, according to details shared with Private Equity International.

Sousou’s retirement comes as TowerBrook, formed in 2005, raises its sixth fund, targeting $4bn.

The Global AI Infrastructure Investment Partnership will back new and expanded data centers, as well as energy infrastructure to create new sources of power for these facilities.