Alex Lynn
At least three of the 20 largest private equity firms are expected to raise flagship funds this year.
Three sizeable investors have teamed up to back promising first-time managers with $700m. How will it work?
The Norwegian software company grew into one of Europe’s largest after completing more than 100 acquisitions under KKR’s ownership.
At €10.75bn, EQT VIII is the joint fourth-largest euro-denominated fund ever raised.
The firm has halted fundraising and capital deployment as Arif Naqvi hands over leadership to two co-heads.
The fund reached its €550m hard-cap and included €50m of its own capital, partner Kristian Carlsson Kemppinen told Private Equity International.
Continued spending and economic growth in Africa could hint at a return for private equity fundraising in 2018, according to Sherif Elkholy, partner at Actis.
Private equity mega-funds have historically delivered more consistent returns than those targeting the mid-market, according to a McKinsey report.
The firm joins the likes of Bain, TPG and Goldman Sachs in targeting social and environmental impact with the registration of KKR Global Impact Fund.
The fund has a €500m target and will invest in European SMEs that are driven by environmental trends.