Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.
The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.
Our colleagues at Secondaries Investor celebrate their 10-year anniversary with an exploration of the market's driving forces. Plus: LACERA is the latest to offload a hefty private equity portfolio. Here's today's brief, for our valued subscribers only.
The development comes as part of an ongoing review of certain current and former EQT employees’ carried interest taxation – in particular, whether it should be taxed as employment income.
Speaking at an event in Hong Kong on Wednesday, the firm's head of APAC private wealth said it is 'critical' that open-end funds are valued frequently enough to assist subscriptions and redemptions.
Canada's government wants the nation's pension giants – some of the world's largest private equity investors – to deploy more of their capital at home. Plus: why one prominent US pension is bullish about this year's exit outlook; and the US mid-market appears resilient. Here's today's brief, for our valued subscribers only.
Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.
CVC has found a secondaries buyer for its single-asset continuation fund process. Plus: NAV financing is cropping up in LPA discussions; and a Hawaii pension giant is upping its PE deployment. Here's today's brief, for our valued subscribers only.
At $12.4bn, the flagship is already the largest in New Mountain’s 25-year history, exceeding by 29% the size of its 2020-vintage predecessor.
The GP stakes unit of Azimut Group has acquired interests in Pathlight Capital and RoundShield Partners, and recently exited its stake in credit manager Kennedy Lewis.