Annabelle Ju
This year was a rollercoaster year punctuated by uncertainty related to geopolitical events, while the US private equity market saw elevated valuations and increasing dry powder.
This is the firm's first investment in iCapital, which has previously received funding from Panorama Point Partners and Pivot Investment Partners among others.
Teacher Retirement System of Texas, which generates some of the best private equity portfolio returns among US public pension funds, won’t invest if it thinks GPs are being greedy
The European firm’s latest fund, Apax IX, is about 20% larger than its previous fund that closed in 2013.
Thoma Bravo just closed Fund XII on $7.6bn, twice the size of its predecessor. Managing partner Orlando Bravo talks about how the firm evolved from a generalist private equity shop to a software specialist, and his own role in that transformation.
Kohlberg Investors VIII, which launched earlier this year with a $2bn target, closed on its $2.2bn hard-cap.
West Street Capital Partners, Goldman Sachs’s seventh buyout fund and its first since 2007, is targeting $5bn and has already made two investments.
HGGC Fund III, which closed on $1.84bn, received the firm’s first LP commitments from Japan and Korea.
Elizabeth Littlefield, the CEO of the US government’s development finance institution, discusses OPIC’s impact investing tracking system and its interest in venture capital and renewable energy.
The Texas Municipal Retirement System approved nearly $380m for private equity commitments so far this year, short of its $600m target.