Performance

'We actually had our most active year of new investments in 2023,' said co-founder and managing partner Bob Morse.

The soon-to-be listed manager’s flagship buyout fund series has amassed nearly €100bn since 1998.

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

LPs may look to smaller, niche funds as a way to boost returns while diversifying their portfolios.

The move would bring the Luxembourg-headquartered firm in line with peers Blackstone, KKR, Carlyle and EQT.

Fund VII is a 'combined fund' that allows LPs the option to invest in underlying buyout and growth equity sleeves.

MBK's China portfolio posted a 45% gain last year, compared with 29% and 12% percent for Korea and Japan, respectively, founder Michael B Kim noted in a letter to LPs.

Japan’s private markets brace for greater levels of interest.

International GPs and LPs increasingly view Japan as one of the hottest growth markets for private equity as it gets lifted by macro tailwinds.

Private equity’s blue-chip firms are setting their sights on Asia’s private wealth prospects – especially in Japan.