Kirk Falconer

Gensler’s overarching goal, he said, is to 'bring more sunshine and competition to the private funds space'.

A key factor in the stronger return was a gain from OMERS' agreement to sell Environmental Resources Management to KKR.

The firm wants to create an institutional-quality product for the retail market, according to BCP Credit head Ted Goldthorpe.

The lawsuit may be a cautionary tale for institutions that invest directly and have – or are looking to create – incentive schemes to attract top PE talent.

Fund II has so far collected $3.2bn, including $800m between January and March, Apollo reported in its Q1 2021 results.

PSP Investments generated a one-year return of 28.4% on its PE investments in 2020, compared with a prior-year return of 5.2%.

Further Global's latest deal, announced in January, is the pending acquisition alongside TowerBrook Capital Partners of insurer ProSight Global for $586m.

Ontario Teachers’ last year saw a change in its top PE leadership, with Karen Frank, previously CEO of Barclays Private Bank, replacing longtime head Jane Rowe.

The alternatives giant this week outlined an ambitious four-year plan to grow its $246bn business across strategies including private equity, credit and secondaries.

The listed giant's private equity and infrastructure groups are expected to launch follow-up flagship vintages in the next 12 months, according to Bruce Flatt.