Performance

Promoted to IMCO’s head of private equity in 2024, Elia believes that after roughly five-plus years of outsized growth the PE program is now ‘entering a more mature phase.’

Buyouts’ 2026 list of the biggest North American LPs finds plenty of familiar faces committing $1.5trn to the asset class, up 6.3% from a year earlier.

The value of the strategy is being debated as a tool to be used during an unprecedented slowdown in the private markets.

Internal asset class evaluations and specific goal assessments are key when looking at performance, John Renkema, who spent more than two decades at the Dutch pension giant, tells PEI.

In today's edition, Continuation fund activity outstrips traditional secondaries activity; New ESG rules could have a chilling effect on private markets; An APAC rainmaker resurfaces at an international GP.

The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.

The two funds, launched in mid-2025, are part of TPG’s $94bn Capital platform for large-scale global private equity investing.

The firm began raising capital for its latest flagship, which has a target of $22bn-$25bn, in February.

The vehicle ‘will wrap up this year’ after multiple extensions to its projected timeline, CFO Alan Kirshenbaum says on the firm’s latest earnings call.

The firm posted its largest-ever monetisation quarter, with $848m of realised performance income across strategies and exit multiples as high as 20x.