Kirk Falconer
At its present level of commitments, L Catterton IX is already 35 percent larger than its predecessor, which closed in 2016 at $2.75 billion.
Marketing of Orion’s latest flagship offering is happening as the mining industry contends with the economic impact of the health crisis.
Secondaries fundraising is expected to hit new heights in the months ahead as investors anticipate a booming deal environment created by the health crisis.
Fund V will follow the PE-oriented strategy of its two predecessors, with Dyal betting that managers will continue to see increased fund allocations from limited partners.
Carlyle has $7 billion of dry powder to invest in the current cycle, head of global credit Mark Jenkins told Buyouts, a significant portion of which will go into “transitional capital” opportunities.
Launched this year by former OMERS Private Equity and McKinsey executives, Venn Growth is preparing to roll out an inaugural fund with a $300 million target.
Northlane Capital Partners II will follow the strategy of its $1 billion predecessor, making control investments in lower mid-market companies in the business services and healthcare sectors.
Värde expects today’s credit cycle “will be as bad or worse than” the financial crisis, co-CEO and CIO Ilfryn Carstairs said in a recent market analysis.
BCI, which is aiming to split its PE portfolio equally between direct deals and fund investments, last year increased directs' share to 38 percent.
Silver Lake Partners VI is not as yet wrapped up, a person with knowledge of the matter told Buyouts.