Alex Lynn
The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.
Virginia Doble was responsible for raising approximately £650m across Sovereign Capital’s previous two private equity funds.
Private equity and infrastructure account for up to 5% of the Scottish Widows and Lloyds Banking Group assets managed by Standard Life Aberdeen.
The £8.3bn fund is planning to increase its target allocation to the asset class through 'world-class managers'.
Sellers have less negotiating power and reduced financial standing when it comes to reinvesting in their business, according to Goodwin’s 2018 Rollover Survey.
KJK Fund III will target approximately 15 buyouts or growth deals in Balkan countries such as Romania, Croatia and Bosnia-Herzegovina and the three Baltic states.
The firm has significantly altered its allocation to the lower end of the market in a bid to avoid possible macro-economic headwinds.
Three firms broke into the top 10 after leapfrogging a host of blue-chip players.
GPs deployed €19.2bn into entry deals in the first quarter of the year, down from €37bn in the same period in in 2017, according to S&P Global Market Intelligence.
CEE buyout values totalled €6.3bn across 43 deals last year, up from just €1.1bn of spending across 74 deals in 2016.