Home Fundraising

fundraising

money

Brookfield hauls in over $8bn for its latest PE fund

The asset management giant is targeting as much as $9bn for its fifth flagship private equity vehicle.
Bob Brown

Fundraising veteran Bob Brown leaves Houlihan Lokey – exclusive

The co-founder of BearTooth Advisors has resigned a year after his firm was acquired by the investment bank.

Australian private equity in five charts

Australia saw robust fundraising and investment activity last year, with a noticeable fall in IPOs and private placements as trade sales cemented their place as the exit route of choice.

Glendower raises one of the largest first-time PE funds

Glendower Capital Secondary Opportunities Fund IV has held a final close on $2.7bn, above its target of $2.5bn, leapfrogging two Chinese GPs to the top spot.
Chart, decline

Hurdle under threat as managers question one-size-fits-all approach

The share of PE firms that removed the hurdle rate doubled in 2019, while only 60% of funds are sticking with the standard 8% preferred return.
Australia

Australia’s next generation of managers

As some of the country’s old guard struggle to navigate leadership transitions, a new wave of managers has emerged.
Tokyo, Japan

SoftBank plots $108bn Vision Fund successor

The Japanese tech giant has received memorandums of understanding from the likes of Microsoft, Apple and Dai-ichi Life Insurance Company.
Paris, France

Eurazeo’s Morgon: ‘We have major ambitions for growth investing’

The firm is targeting €1bn for its third Europe-focused growth fund, which it expects to launch as early as this year.
Performance

KKR prepares for rapid AUM growth

The firm, which is gearing up to launch its three largest funds, expects AUM to ‘compound significantly’ on the back of increased distribution efforts and more mature track records.

Make way, once again, for Blackstone

Can the US manager, its fundraising muscles flexed, establish itself in infra the way it has in other asset classes?
pei
pei

Copyright PEI Media

Not for publication, email or dissemination