Fundraising

Percheron Capital Fund I holds a final close.

Flexpoint Asset Opportunity Fund II holds a final close.

Michael St Germain of investment consultant Segal Marco was interviewed at PEI’s Investor Relations, Marketing and Communications Forum. Here are some of the green lights and red flags he looks for in GPs trying to raise capital.

Don’t expect every GP stakes manager and their dog to be listing a portfolio of stakes in alternatives managers anytime soon.

That Elbrus has reached this fundraising milestone is impressive, with Russian private equity still reeling from the outcome of the the Mike Calvey case.

The Hong Kong-headquartered firm is seeking $8.5bn for BPEA Fund VIII, according to documents prepared for Rhode Island State Treasury.

Market conditions for private equity firms are improving, but more work needs to be done to mobilise local capital.

Tech and venture stand out as bright spots as Africa’s private equity industry continues to adapt to the covid environment.

Although the value of private equity investments took a hit thanks to covid-19, deal volume is growing.

Secondaries fundraising hit its second-highest half-yearly total ever in H1 2021, despite being down 27% in year-on-year terms.