North American bakery businesses have become a prime target for private equity investment.
A muted IPO market and weakened LP appetite have prompted China’s GPs to enter reset mode.
The global chemicals industry experienced a slump following the pandemic, though PE's share of the market is holding steady.
The strategy is the firm's fastest growing unit from a headcount perspective, according to chief executive David Layton.
The market’s largest legal advisers worked on more than $800bn of transactions last year, marking their second busiest annual period.
While LP appetites for China are somewhat diminished, excitement is growing around India and Japan.
The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms, PEI understands.
Asia-Pacific's lack of a risk premium does not mean it has underperformed, according to Hamilton Lane co-chief executive Juan Delgado-Moreira and co-head of Asia investments Collwyn Tan.
The Brussels-headquartered buyout shop, formerly known as Ergon Capital, reopened Fund III in 2016 to introduce new external capital via a stapled secondary.
Exit activity across the industry will continue to pick up over the second half of this year, says the firm’s chairman of Europe Nikos Stathopoulos.