buyouts

PEI asked The Lucas Group founder for his thoughts on market competitiveness given the triple threat of high valuations, inflation and tax uncertainty.

As the dust begins to settle from covid-19's immediate fallout, GPs and mid-market businesses are considering longer-term implications and opportunities.

Read the results of the annual awards, voted for by the industry.

A tougher deal environment has made it challenging to consummate deals, and the quarter was a ‘low watermark’ for realisations, said co-chief executive Kewsong Lee.

The firm is raising almost $12bn in capital across two funds focusing on mega-buyout and mid-market buyouts strategies.

A high purchase price environment is forcing US mid-market GPs to become more creative and global in their approach

The co-CEO has led the firm alongside Charles Kaye since 2000, growing its assets more than fourfold while remaining a pure-play private equity player.

Dividend recaps and a favourable exit environment are causing LBO funds to deliver liquidity earlier, according to eFront data.

The auction process is not as chaotic as it may at first seem – nor are strategics always the most persistent buyers, says Houlihan Lokey's Justin Abelow.

Fund VII is 42% larger than Carlyle's previous flagship, a $13bn 2013-vintage.