Home Front page

Front page

Sale of assets
The bank is reducing the stress capital intensity of its businesses by selling balance sheet private equity investments, chief executive David Solomon said on the firm's earnings call.
Steve Schwarzman_Blackstone
Speaking at the Asian Financial Forum on Tuesday, the Blackstone founder said it seemed 'exceptionally odd and unproductive' for the world’s two largest economies not to co-operate.
The private markets firm, which had de-prioritised exits in the second half of 2020, saw more divestments in Q4 driven by greater stability in market prices.
George Walker Neuberger Berman
George Walker, the firm's chief executive and chairman, was speaking at the Asian Financial Forum on Monday.
Chris Lerner joined MSA Capital in October after nearly a decade at Eaton Partners, where he led the origination and execution of fundraises, secondaries and strategic advisory.
Capital raising by private equity funds surpassed $500bn in 2020, the third-highest fundraising total since 2015, amid challenges posed by the pandemic.
Avista has to date has invested over $6bn in more than 35 growth-oriented healthcare businesses globally.
The haul for Fund VI comes as firms raised more than $500bn of capital in final closes last year.
Gender equality
IFC’s latest report is one of the industry’s most comprehensive roadmaps on how GPs and LPs can address gender disparities in their firms and investment portfolios.
The Europe-focused buyout firm has reduced capital raising targets since 2009, when it shifted focus to smaller mid-market companies in the region.

Copyright PEI Media

Not for publication, email or dissemination