Mid-market

Foreign investors feel 'underallocated' to US mid-market, MSCP’s Aaron Sack told Buyouts.

During periods of market dislocation, mid-market secondaries can be a compelling strategy for investors to consider, says Matthew Sparks, a managing director at Northleaf Capital Partners.

Unity Partners’ secret to success as an emerging manager may be found in its relentlessly consistent approach to its strategy and values, says its CEO, John Block.

The head of private equity primaries for the US firm’s External Investing Group talks about the implications of longer fundraises and why LPs are delaying commitments to GPs.

Customization, speed of deployment and market-beating returns have attracted the world’s most sophisticated and largest LPs to co-investing, says Fiduciary Co-Investment Partners’ Claudio Siniscalco.

An abundance of deal opportunity and shortage of competition mean that mid-market GP-leds are the place to be, say New 2ND Capital partners Clay Cole and Evert Vink.

Charlesbank launched its dedicated tech strategy in 2018 with the hires of Darren Battistoni and Hiren Mankodi, both veteran tech investors.

During fundraising, exits involving GroundWorks and Chauvet generated a 4.9x gross multiple and a 6.5x gross multiple, respectively, Cortec co-president Dave Schnadig told Buyouts.

Rolled out late last year, Fund VIII is set to be 31% larger than its predecessor, closed in 2020 at $535m, ahead of a $425m target.

Nautic Partners XI is set to bring in $1bn more than its predecessor, closed in 2021.