Victor Capital is among a handful of newer managers that have successfully attracted capital from investors in what many describe as the toughest fundraising environment since the global financial crisis.
It’s this 'stuck in the middle' cohort that is really the prime example of the challenges of the fundraising market today.
William Blair estimates about $72bn in GP-led activity this year, up from around $50bn last year.
The US state institution aims to invest more in private assets at the expense of its public market exposure.
Buyouts spoke with a spokesperson for the New Mexico State Investment Council to better understand its pacing and co-investment strategy.
Lindsay Goldberg VI is targeting $4bn, with a $4.5bn cap, according to Teachers’ Retirement System of Louisiana’s board documents.
Avance’s first fund hit the market in 2020 just as society shut down in the health crisis, completely changing the way private equity firms had to approach prospective investors.
In the third quarter alone, inflows totaled $120bn, marking a drop of 37% from Q3 2023 and 26% from Q2 2024.
The Eagles, gridiron glasnost, Cheeseheads, goats that aren't the greatest of all time, and other factors complicate the opening of doors to more investors.
It’s instructive to see the evolution of the market, including various ways to provide liquidity to investors in older funds, even when some more traditional exit paths are closed.