PEI Group Data

The firm's latest long-hold fund, Strategic Opportunities III, will back as many as a dozen deals, managing partner Lorne Somerville tells PEI.

It is not clear whether the $5bn refers to Roark Capital Partners VII’s target or to capital raised against an undisclosed target.

The US buyout firm expects a one-and-done close on GPE XI by mid-year, US pension documents show.

The French firm predicts the number of firms investing in global private markets to narrow to 10 big players, and aims to be one of them, according to co-founder Antoine Flamarion.

Germany, Austria and Switzerland, dependable as a group, are not immune to global fundraising woes.

The firm signed 14 realisations last year and invested €4bn across funds, co-managing partners Supraj Rajagopalan, Bruno Schick and Jorge Quemada tell PEI.

PAG has returned around $1bn on average in recent years, PE co-head Lincoln Pan tells PEI.

Fundraising dropped 18% from 2023, driven by a quiet second half and muted activity in Asia-Pacific.

Many large private equity investors have been diversifying beyond traditional buyouts to pursue more attractive returns.

Private equity investment in the education sector has slumped since the pandemic-driven days of online learning.