Performance

Inventory on the GP-led side of the business is high, though the completion rate for such deals hovers around 50 percent, sources have told Buyouts.

The veteran oil and gas investor has so far raised $3.3bn for an eighth fund blending traditional and sustainable energy themes, sources told Buyouts.

The GP stakes giant is seeking $13bn for its sixth flagship, according to PEI data.

Stellex Capital Partners III, launched last year, is set to bring in $1.5bn of a $2.5bn target in a first close sometime later this year, sources told Buyouts.

The manager specializes in lower mid-market media and communication companies.

The firm earlier this year has announced at least two exits, both which CenterOak formed in 2020.

The manager is out with its latest flagship fund of funds and adjoining co-investment fund.

GPs are looking for strategic partners to help them address various challenges – something a GP stakes strategy can help achieve, say Adel Alderbas, CIO of Wafra, and Lauren Rich, managing director.

The San Francisco-headquartered firm has made investments in sports clubs such as the San Antonio Spurs, FC Barcelona and Real Madrid CF.

LPs have shown interest in diversifying via industry-focused funds.