Chelsea Stevenson
The percentage of LPs planning to increase their emerging market allocation rose from 32% to 41% during the past year.
The mid-market firm has made three investments from the fund.
The firm appointed Andrew Lapham as an executive advisor in the region.
The firm surpassed its $400m target for its eighth fund of funds.
The firm recently launched its second vehicle for Brazilian investors.
The State Investment Board committed to two private equity funds and one venture capital fund.
The San Francisco-based firm is targeting $1.5bn for mid-market investments.
The mid-market firm’s fourth fund beat its $1.5bn target.
The Brazil-based firm has been in market since last spring and is expected to raise between $1bn and $1.5bn.
The firm has appointed two former Paul Capital executives to run its first Latin American office.