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Volatility may have slowed the rate of dealmaking, but for GPs accustomed to investing and driving growth across cycles, the mid-market still holds plenty of opportunities.
GPs are doubling down on value-creation strategies as the cost of debt rises.
Fortune does not always favour the biggest firms.
Texas
The $36bn pension, which counts Advent, TPG, Hg and Industry Ventures among its long-standing GP relationships, was overallocated to PE by more than 6 percentage points.
Retail investors KKR
The firm plans to expand retail offerings across all its asset classes in an attempt to fill the 'white space' in the market, says head of investor relations Craig Larson.
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