Fundraising

The firm received net inflows of $27bn, including almost $5bn in the last two weeks of March for its latest core private equity fund, according to its earnings announcement Thursday.

The pension in question committed €50m to CVC's new flagship, but one official questioned the widespread practice of raising funds early and putting them on the shelf while they deploy the prior pool.

Intriva Capital has held a first close on its sophomore fund which will target small to mid-market companies experiencing distress.

Q1 2020 reflected strong fundraising activity in illiquid alternatives, with the firm gathering about $7bn across its secondaries and infrastructure funds.

Our survey sheds light on how sponsors expect coronavirus to affect their plans in the near term, including fundraising, new investments and portfolio company layoffs.

Total private equity capital raised in the period is the second-highest in first quarter fundraising since 2015.

The firm has yet to make any investments from fund V, which exceeded its fundraising target by $500m.

LPs will consider the amount of capital raised and deployed, and whether any investments are already underwater when granting GPs more time to raise funds during the coronavirus crisis.