Rod James
Glendower Capital Secondary Opportunities Fund IV has held a final close on $2.7bn, above its target of $2.5bn, leapfrogging two Chinese GPs to the top spot.
GP-led secondaries deals in energy – a sector fraught with risk – could provide the boost in returns some investors are looking for.
The firm's Strategic Partners secondaries unit has raised $11.1bn for its latest programme in what is likely to be a huge year for the strategy.
The emerging markets firm has assumed management rights for global buyout fund APEF IV and Abraaj's third sub-Saharan Africa fund.
Kathleen Bacon has moved into a senior advisory position, with Carolina Espinal taking the helm of European primary partnerships.
Thierry Baudon, the industry body's recently appointed chairman, said the rise of the Greens in Europe is not incompatible with the interests of the private equity industry.
Barrister Hugo Keith QC says the US government's case is politically motivated due to the threat Abraaj Group and Arif Naqvi represent to US interests.
This week PEI is examining the Middle East – a region full of institutional capital. These are the five biggest that commit to private equity.
The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.
Just over a third of private equity managers consider diversity in their investment processes, according to LGT Capital Partners' ESG Report 2019.