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.
Technology-related sales platforms will play a role in the wealth unit's scale-up, according to wealth management chief Raj Dhanda.
The firm expects each of its funds to be larger than their predecessors, as it experiences ‘nice momentum’ across fundraising campaigns, according to its latest earnings.
Alts now account for nearly one-fifth of the firm’s $1.37trn assets under management, driven by manager acquisitions and inflows from the wealth channel.
Spain’s newest digital fundraising platform grants individual investors exposure to PE funds with a minimum investment of €10,000.
Asian healthcare specialist CBC Group believes specialised debt funds focused on pharma products can be complementary to equity investments.
PEI catches up with the unit’s co-heads, Maxime Franzetti and Fatima Al Noaimi, to discuss evergreen funds, separately managed accounts and GP stakes.
The acquisition provides Wendel Group with the foundation to raise third-party capital and for IK to branch out into other strategies.
The alts giant is set to launch BXPE, a dedicated private equity offering for wealthy individuals, in the coming months after it postponed raising capital for the vehicle.
The French asset manager will seek at least €1bn for its debut semiconductor fund, PEI understands.
With the acquisition of Abrdn’s Europe PE business, the Brazilian alts giant would have about $9bn of fee-earning AUM to be put to work in mid-market strategies.