Side Letter: Ardian’s key person shake-up; PAG’s IPO titbits; PE’s fundraising ‘indigestion’

The key person team investing Ardian's next secondaries mega-fund is going to look very different from its 2020-vintage predecessor. Plus: Extras from PAG's Hong Kong IPO filing and why TPG believes LPs are suffering from 'fundraising indigestion'. Here's today's brief, for our valued subscribers only.

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