Kirk Falconer

As support of GP commitments to new offerings is a primary focus of GP stakes deals, it is possible Petershill's minority investment in Wind Point is facilitating Fund X's roll-out.

Richardson shares with us his favorite books, music, vacation destination, career highs and lows and his fantasy job as a self-help guru.

If KKR succeeds in closing at $16bn, it will have raised the market’s single largest long-life vehicle to date.

With Fund XI, JMI appears to be tapping into key themes of last year’s vigorous fundraising market. One of them is a faster pace of fundraising.

Belair founded Lios Partners last year to make control and minority investments in North American mid-market companies operating across the food value chain.

Apollo’s and Ares’ vehicles are among a handful of special opportunities funds targeting a combined $20bn to $25bn, Buyouts estimates.

Petra Funds arrives as the weight of back-office burdens is set to grow. Regulators are starting to roll out proposals aimed at making private markets more transparent and leveling the playing field.

The global transition fund, soon to close at $15bn, will be “just the first fund in what we believe will be a very attractive growth avenue,” Brookfield managing director Natalie Adomait said.

“Our job,” Nutall said, “is to react to what the regulators talk to us about and so far we actually think it has been long-term helpful to our business.”

Roark exceeded the goal set for its prior flagship offering. Fund V closed in 2018 at $5bn, compared with a $4bn target, and raised $1.5bn more through a sidecar vehicle targeting $1bn.