Alex Lynn
The mid-market investor will launch its next flagship before December, Private Equity International has learned.
A growing number of GPs have moved past the 20% carry and 8% hurdle norms, according to a survey by MJ Hudson.
UK private equity funds are under increased scrutiny from continental investors but US LPs seem to have fewer doubts.
Larger distributions from existing fund investments have increased delays, according to research from Invesco.
The investment firm could reach up to 150 hires by the end of the year to match its anticipated AUM growth for the year.
PEI catches up with ECI managing partner David Ewing after the firm closed its largest ever fund.
The Dutch VC firm held a first close on €270m for Fund IV this week just two months after launch, managing partner Sander Slootweg told PEI.
Bridges Fund Management – a pioneer of the strategy – held a second close on £50m for its debut permanent capital vehicle last week, PEI can exclusively reveal.
EQT and Triton are among firms that have launched the strategies. What will it take for them to be successful?
ECI 11 had a £650m target and hit its hard-cap 80 days after launch, a spokesman for the firm told PEI.