Kirk Falconer

Knox Lane was on Buyouts' list of 12 emerging managers to watch in 2022. It is the first to announce a final closing.

Fund III is expected to have soft commitments of $500m to $750m by the end of Q1 2022, according to pension documents.

Advent's prior flagship fund was showing outsized performance as of September 2021, according to pension documents, with a 3x net multiple and a 129.4% net IRR.

HOOPP has increasingly focused on direct and co-investments as a way to generate better returns net of fees and carry.

Värde – which means “value” in Swedish – has a flagship strategy focused on searching opportunistically for complex situations in less efficient markets where there is an imbalance in capital supply and demand.

OMERS also promoted Geoff Bird to head of business services and Mark Van Wart to head of healthcare and hired Lane McDonald, formerly with Partners Group, as managing director, operations.

Distress opportunities could open up in the months ahead as inflation, rate hikes and geopolitical disturbances – above all, the war in Ukraine – create more economic uncertainty.

Lios Partners Fund I, earmarked for investments across the food value chain, is targeting $200m, sources said. The hard-cap is $300m.

Spaht shares with us his out-of-office passions and philanthropic interest, his advice to budding PE professionals, and his fantasy job as an ESPN host.

Caisse de dépôt et placement du Québec reported earning a one-year net return of 39.2% from its PE investments in 2021, while OMERS reported a one-year net return of 25.8%.