Side Letter: Ardian’s key person shake-up; PAG’s IPO titbits; PE’s fundraising ‘indigestion’
The key person team investing Ardian's next secondaries mega-fund is going to look very different from its 2020-vintage predecessor. Plus: Extras from PAG's Hong Kong IPO filing and why TPG believes LPs are suffering from 'fundraising indigestion'. Here's today's brief, for our valued subscribers only.