Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
The buyout firm’s co-CEO David Rubenstein said during the Q3 earnings conference call on Tuesday that Carlyle is entering a four-year period to launch the next generation of its funds.
The mid-market buyout firm raced past its $750m target, doubling in size from Fund II.
After spending 10 years at Carlyle, Mukesh Mehta has joined an eight-person investment team in Blackstone’s Mumbai office as the only private equity-focused principal.
KKR CFO Bill Janetschek said the latest fund, focusing on buyouts and growth investments in the Americas, will begin deploying capital in the first half of next year.
More US endowments and foundations plan to increase their allocation to private equity than at the beginning of the year, as the search for yield continues.
Details on the firm’s $10bn Fund VI and its $875m investment from Dyal Capital Partners.
Operating partners are driving investment theses amid heightened competition and pricing, said panellists at PEI's Operating Partners Forum
Tricia Patrick, who spent 12 years at Bain Capital in its consumer team, is the latest of several hires by Advent this year.
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Panelists at PEI’s Operating Partners Forum agree that the shift and expansion of operating partners' roles are driven by investors' desire for greater transparency.
The lower mid-market firm launched the fund earlier this year targeting $200m to invest in entrepreneur and family-owned business in five core sectors.