Kirk Falconer

GPI was founded in 2016 by managing partners Khai Ha, Alex Migon and William Royan, all ex-members of Ontario Teachers’ high-conviction equities group.

Imperial makes control investments in lower-mid-market companies in healthcare and business and consumer services sectors across North America.

Fund II has so far collected $3.2bn, including $800m between January and March, Apollo reported in its Q1 2021 results.

PSP Investments generated a one-year return of 28.4% on its PE investments in 2020, compared with a prior-year return of 5.2%.

LongRange, led by founder and managing partner Bob Berlin, last year raised $1.5bn from CalPERS for its inaugural fund, Buyouts reported.

Rutledge’s departure is the second this year from OMERS Private Equity's operations and strategy group. Makram Atiyah left in April, Buyouts reported.

North American growth-equity funds collected $24bn in Q1 2021, more than half of the total raised in all of last year, according to Buyouts’ data.

Fund VIII has already made six platform investments, sources said, adding to some 150 companies backed by Madison Dearborn since inception.

Excellere, today led by managing partners Brad Cornell, Ryan Glaws, Matthew Hicks and Patrick O’Keefe, will concentrate Fund IV investments in the healthcare sector.

Abry launched the structured equity strategy roughly a decade ago to make minority investments in firm-sponsored or external companies in North America.