PEI Group Data

The firm expects to have five active evergreen funds within the next 6-12 months.

Head of Australia and New Zealand Joel Thickins will jointly lead the Asia business alongside existing head Ganen Sarvananthan.

Private equity will be at the heart of Apollo's push to hit $1.5 trillion of AUM in the next five years. Plus: Barclays Private Bank says evergreen funds are driving wealth inflows; and Moonfare is offering individuals direct access to the asset class. Here's today's brief, for our valued subscribers only.

Vitruvian Investment Partnership V is already 25% invested, according to details shared with Private Equity International.

The assets in the process run by the firm formerly known as The Jordan Company 'do not appear to have the ability to generate outsized returns', according to adviser Aon.

London's Inflexion leaned on existing LPs to more than double the size of its latest Enterprise vehicle. Plus: CVC joins the secondaries evergreen party; and meet the family office putting everything into impact. Here's today's brief, for our valued subscribers only.

Secondaries funds can deliver outperformance compared with PE buyout funds due to their diversification and asset-screening processes.

The firm’s 2016-vintage Fund VI was producing a 2.03x DPI as of December 2023, according to PEI Group data.

Documents prepared for a US pension shed light on the performance of the firm's growth funds as it seeks $9bn for its 12th vintage.

The new flagship offering's target size is 12% larger than Fund IX, which closed in 2021 on $5.6bn.