Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
Private equity firms raised close to $177bn in January-March, with buyout funds accounting for the majority.
The soon-to-be listed manager’s flagship buyout fund series has amassed nearly €100bn since 1998.
Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.
The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.
The GP stakes unit of Azimut Group has acquired interests in Pathlight Capital and RoundShield Partners, and recently exited its stake in credit manager Kennedy Lewis.
The move would bring the Luxembourg-headquartered firm in line with peers Blackstone, KKR, Carlyle and EQT.
A flurry of recent products suggests ELTIF 2.0 is gaining traction with managers and investors alike.
The buyout firm is on a path to reach $1trn in total assets in the next five years.
Individuals want to dig into the liquidity mechanisms and return characteristics of the private markets products offered to them.
From Korean VC to Southeast Asia growth funds, Trinity Church Wall Street is seeking managers on an upwards trajectory as it pushes deeper into PE, according to its managing director for investments.