Side Letter: PEP primed for deals, SoftBank’s improved vision, CalPERS inquiry

Australia – like other markets around the world – is readying for a round of post-covid deal-making. Pacific Equity Partners is ready to the tune of A$2.5 billion. Plus: the CalPERS drama continues, SoftBank's revived Vision Fund and how to deal with an LP default. Here's today's brief, for our valued subscribers only.