Gregg Gethard
Has the fundraising market found a level of footing? StepStone’s data suggests this is a possibility.
Private equity has an outsized interest in professional sports. The NFL’s private equity commitments are the inverse of that trend.
Lead Edge also incorporates a secondaries strategy to buy stakes in companies it is targeting.
Bain has raised over $2bn for its latest fund.
The California system is ramping up its private equity program after a spike to its target allocation.
The system is considering new relationships and emerging managers next year.
The system will also look to reduce its overallocation to venture capital.
The system is also launching a much-discussed co-investment vehicle.
LPs struggle with continuation fund timelines.
Many LPs struggle to commit to continuation funds due to governance processes.