People – Firms

The deal, which involved buying fund stakes from Aberdeen Standard Investments, is the first of size for ICG's LP funds team, led by two ex-Pomona executives.

New York Life moved quickly to fill the roles, shifting responsibilities to leaders of some of its other “boutique” alternatives businesses, who will retain their existing roles as well.

'In today’s environment, as prices continue to go up, our emphasis will be on keeping our head down and investing heavily in capabilities to create our own deal opportunities,' Sperling told Buyouts.

The firm this summer hired Laura Grattan as a managing director to focus on infrastructure and cybersecurity software.

LPs will now decide whether to replace Novalpina Capital's debut fund GP with a third-party manager, or simply wind down the pool.

Michael Ricciardi had temporarily stepped out of leadership earlier this year at the start of an internal investigation into accusations of racial and sexual discrimination.

The departure comes after the credit behemoth closed the acquisition of secondaries specialist Landmark Partners in June.

Firms should focus beyond the Commission's 'hot topic' compliance issues and understand their own individual vulnerabilities.

Originally a deal-by-deal investor, Seaside wrapped up marketing for Fund I in December and closed it in February at $160m.

Mark Bezos, Amazon founder Jeff Bezos' brother, in 2019 established HighPost Capital, an investor in mid-market consumer-focused businesses, alongside David Moross.