Kirk Falconer
Blue Owl also held a first close of about $600m for a new mid-cap GP stakes fund, $500m of which was seed capital provided by partner Lunate, sources told Buyouts.
In a subdued deal environment, mid-market buyouts are drawing more attention. This perhaps explains why KKR has had success with the debut strategy at a time when fundraising is especially challenging.
While markets lose their heads, KKR’s Pete Stavros and Nate Taylor ignore the noise and zealously embrace their ‘linear deployment’ strategy.
Unique for an emerging manager, Unity Partners is committed to practicing employee ownership in all its mid-market buyout investments.
Are we at the bottom? It is perhaps too soon to say. The original causes of slower fundraising remain stubbornly in place.
Private equity funds raised $88bn by the end of March, down 34% from a year earlier. This marked the first time that quarterly inflows have fallen below $100bn since 2020. The number of fund closings declined even more significantly.
Employee ownership serves OpenGate’s performance objectives, managing partner Andrew Nikou said, as it emphasizes financial literacy and encourages workers 'to think like owners.'
Uzumeri tells us about his dream job as a coffee shop owner, his 'happy place' in Turkey and the value of surrounding oneself with talented people.
The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.
Charlesbank launched its dedicated tech strategy in 2018 with the hires of Darren Battistoni and Hiren Mankodi, both veteran tech investors.