Abu Dhabi Investment Authority and France's largest private markets investment firm are understood to have been in discussions about a deal as recently as mid-October.
A recent fracas marks the latest in a string of negative headlines for Korean private equity, which some industry participants fear could impact dealmaking activity in the near-term.
Industry-wide ESG data standards are the key challenge facing sustainability in private equity markets, asset managers said at PEI's virtual conference last week.
The shift to virtual has resulted in more touchpoints with LPs and it can be challenging to assess whether these will turn into commitments, a report by Campbell Lutyens has found.