Secondaries transaction volumes exceeded $80bn for the first time, but slower growth in parts of the market has put a check on over-exuberance.
The UK-headquartered firm is set to hold final closes this month on two northern European mid-market focused vehicles, Genesis 9 and Saturn 2.
How Blackstone views Covid-19 and how PPMs are changing to reflect the outbreak. Plus: Dyal considers liquidity and KKR is considering the industry's reputation. Here’s today's brief, for our valued subscribers only.
Private equity, which still offers the largest carry and salary, typically pays lower bonuses, according to research by salary comparison firm Emolument.
Negative returns in credit, funds of funds and emerging markets dulled the $402bn institution’s PE performance last year, investment committee documents show.
Subdued distributions, an aversion to tech and declining valuations were among the key trends shaping private equity in the region last year.
Asset allocators often assume diverse managers are impact investors, says NAIC president Robert Greene.
The fund's investors are predominantly regional banks and local financial institutions looking to generate additional business opportunities within their respective locales, PEI understands.
The Singaporean firm held the final close on Quadria Capital Fund II on $595m after raising its hard-cap from $500m, managing partner Abrar Mir tells PEI.
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The acquisition of insurance company USI is part of a partnership between the two firms to target longer-duration and lower risk investments in businesses with stable recurring revenue.