More managers are looking for ways to hold on to treasured assets, even as LPs push for distributions
At a turbulent time for the industry, LP opinions are more important than ever. Here are the charts from Private Equity International’s Perspectives Survey that reveal what they think of today’s major talking points.
The $78.46 billion pension made the commitments in September, but staff says they failed to agree on terms with KPS.
American Pacific Group, founded by Fraser Preston, formerly an HIG managing director, will mostly acquire lower mid-market companies in software and tech.
As part of resolving the pending key-person issue, Blackstone also provided a 10 percent management fee discount during the investment period
Several high-ranking executives have left in recent years, including Managing Partner Steve Berg, who worked at the firm from March 2002 until September.
Reid joins the firm as it moves through raising its third fund, which collected at least $6.3 billion as of May 2019.
Oak Hill veteran Taylor Crandall recently transitioned to chairman emeritus, while Managing Partner and CEO Tyler Wolfram was joined in leadership by two new managing partners
The Pathfinder fund will have an "expanded mandate and opportunity set" from its predecessors, according to Utah trust fund documents.
TPG first invested in CAA in 2010, and then boosted its stake above a majority hold in 2014.