Kirk Falconer
The new flagship offering's target size is 12% larger than Fund IX, closed in 2021 at $5.6bn.
TPG Partners X is expected to roll out in the first half of 2025, while Apollo Investment Fund XI is expected to debut by the end of next year.
Setty tells us about her dream job as CEO of Global Citizen, her love of all things French and why focusing on the J-curve has its shortcomings.
In taking over from Suyi Kim, Gubbels will become CPP Investments’ second consecutive female private equity head.
The flagship fund, targeting $12.5bn with a $15bn hard-cap, is expected to hold a final close in the early months of 2025, sources told Buyouts.
Onex Partners Opportunities Fund, unveiled in late 2023, is a bridge vehicle intended to enable Onex to make a handful of investments until it resumes flagship fundraising.
The firm raised $68bn in Q2, bringing inflows over the last 12 months to $140bn, Brookfield’s highest ever in a 12-month period.
Buyout, growth equity, venture capital, secondaries and other private equity funds raised $254bn in the first half, nearly matching the results of a year earlier.
The amount of time spent raising a North American private equity fund is one of the best indicators of where the market is – and where it is going.
The fund oversubscribed on its $4.6 billion hard-cap, head of investor relations Craig Larson said, putting KKR in 'a pretty advantageous spot at the moment.'