Performance

Temasek is overhauling its investment structure in response to a changing world. Plus: A Blackstone fundraising update; and hope on the horizon for China's exit market. Here's today's brief, for our valued subscribers only.

The firm joins an increasingly crowded NAV financing market, with Partners Group and Pemberton Asset Management among those to have also entered the fray in recent years.

CalPERS is shopping another multibillion portfolio less than a year after closing one. Plus: CVC discloses the expected launch date of its next flagship buyout fund. Here's today's brief, for our valued subscribers only.

A look at distributed to paid-in ratios across North America, Europe, Asia-Pacific and multi-region strategies.

Its predecessor – the 2021-vintage Crown Asia-Pacific Private Equity V – raised $1.65bn against a $1bn target.

Launched in mid-2024, AUA Private Equity Fund III has so far secured $241m, pension documents said, and is expected to wrap up sometime this year.

The firm's last regional flagship – the 2021-vintage KKR Asian Fund IV – is the largest pan-Asian buyout fund to date.

Lexington Co-Investment Partners VI, launched in December 2023, has a target of $4bn, and has so far raised $3.75bn.

GP-led deals represented around $48bn of the estimated $102bn of first-half secondary volume, according to Evercore’s latest volume report.

Oak Hill’s Fund VII is part of a series that goes back to 1999, when the GP, the one-time family office of US billionaire businessman Robert Bass, raised its first outside capital.