Kirk Falconer
The amount raised so far already makes Fund V larger than its predecessor, which closed in 2017 at just over $1bn.
Jim Mahoney, Huron's new managing partner, spoke with Buyouts about how the firm's succession plan prepares it for the years ahead.
In a competitive US healthcare deal market, Accelmed's strategy puts it “below the radar of the big guns,” managing partner Uri Geiger told Buyouts.
Lindsay Goldberg confirmed with Buyouts that Cathleen Ellsworth is the first woman partner in the firm's 20-year history.
At the original $1bn target and $1.5bn cap, the size of Fund V was already set to be larger than its 2018-vintage predecessor.
The new hire follows Seaside’s December recruitment of vice president Gabe Becerra from Atlantic Street Capital.
Bramalea appears to have done at least one pre-fund deal, investing in Loadsmart, a digital freight brokerage and technology business.
Avista Capital Partners IV was generating a 1.5x net investment multiple and 41% net internal rate of return as of September 2020, sources told Buyouts.
Caisse de dépôt et placement du Québec earned a net return of 20.7% on its private equity investments last year, well ahead of the benchmark.
Carlyle this week outlined an ambitious four-year plan to grow its $246bn business through fundraising across private equity, credit and investment solutions strategies.