Front page

With some $733bn amassed across strategies, PE fundraising showed high resilience in a year rocked by ongoing pandemic disruption.

The 10 largest funds, including Hellman & Friedman Capital Partners X and Clayton, Dubilier & Rice Fund XI, gathered nearly $150bn between them and accounted for one-fifth of fundraising last year.

Popular deals such as carve-outs and continuation vehicles helped shape the PE landscape in 2021, and will continue to do so in 2022.

Mei-ni Yang joined the Canadian pension giant in Hong Kong earlier this month after more than five years at LP advisory Mercer.

The fundraise comes months after GSAM listed a Petershill portfolio of 19 GP stakes on the London Stock Exchange’s main market in a deal valued at more than $5bn.

The $87bn university endowment is tasked with generating returns to help fund Japanese science and tech research.

Limited partners are hitting their private equity allocation limits just as firms are returning to market asking for larger cheques.

A host of potential entrants to the double-digit fund club, a raft of fund closes below target and an influx of Indian investment are on the cards in the year ahead.

A series of sustainability-focused deals in 2021 gave fresh significance to a relatively young market.

GP-led secondaries, especially single-asset deals such as this one involving a global glass repair operator, have driven the market to expected record volume levels this year.