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Abu Dhabi Investment Authority, California Public Employees' Retirement System and New York State Common Retirement Fund are among the 20 largest allocators to 2022-vintage funds, PEI Group data shows.

The asset manager will pursue yuan-denominated LP-led and GP-led transactions from a discretionary pool of client capital, Asia co-head Mingchen Xia tells PEI.

The number of private equity funds closed last year fell by one third to 1,520 – the lowest total since 2016.

The transfer to its CS First Boston unit comes amid a turnaround plan from October that seeks to centre the Swiss bank’s operations around wealth management.

Partner Rebecca Gibson speaks to PEI about the firm's latest capital raise for Oakley Capital V, its 25 new investors and why raising almost twice the amount of its predecessor is the right-size for the fund.

Sweta Chattopadhyay, who joined Moonfare in 2020 from bfinance, is leaving the digital fundraising platform at the end of the month, PEI has learned.

The appointment of Harvey Schwartz as chief executive takes away 'uncertainty about our path forward', interim CEO Bill Conway said on the firm's latest full year earnings call.

A total of 1,520 funds closed in 2022, raising $727.3bn between them – this is down from the $829.8bn raised in 2021, according to PEI data.

Demand for private wealth investment is growing at breakneck speed. At the head of this expansion sits Blackstone’s Joan Solotar, whose plans for the investor base could see it become one of private equity’s biggest sources of capital.

NewVest seeks to change how investors gain exposure to private markets with the launch of its private markets index fund.