Unquote
Campbell Lutyens strengthens London PE teams
Private capital adviser also promotes Ashrith Ramachandran to principal focusing on PE and infrastructure
Institutional investors eye search fund model
Search funds find attractive small companies and guide their managing entrepreneurs in the development of their business
CVC Credit holds $1.42bn final close for GSS II
Special situations fund had a target of $1bn and was closed after eight months on the road
Invest Europe appoints Mid Europa's Baudon as chairperson
New chairperson takes over from DN Capital's Marovac and will serve a one-year term
GP Bullhound holds €113m final close for Fund IV
Vehicle will predominantly focus on later-stage rounds for European technology businesses
Adams Street raises $2bn for secondaries
Adams Street raises $1bn for secondaries fund and $1bn in separately managed accounts
Management due diligence: getting under the bonnet
Almost half of PE investors believe external assessments are the most important method for evaluating a management team
H2, Sherpa Capital and Auctus create Optimum Alliance
Alliance is comprised of small- and mid-cap investors with a focus on value creation
Palamon sells Il Bisonte to trade buyer
Deal values Il Bisonte at €100m and marks the first exit from Palamon European Equity III
KKR targets $1.5bn for second growth tech fund
Fund was registered in Luxembourg in November last year and expects to hold a final close in Q3
Louisiana TRS retains Hamilton Lane as private markets manager
Appointment, subject to fee negotiations, will be for the period of January 2020 to December 2025
Sector specialisation taking hold in Europe
European private equity firms are sharpening their investment focus by restricting the number of sectors they target
Unquote Private Equity Podcast: Generation game
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses new generations working in private equity
LPs worry about alignment issues in GP-led secondaries – survey
Four out of five respondents in the latest Coller barometer highlight it as their biggest concern
Balderton sells Recorded Future to Insight Partners in $780m deal
Balderton led a $12m series-C round for the Boston-headquartered company in 2012
Border to Coast to make first PE manager selections
BCPP is set to deploy £1bn in capital per annum across private markets, including private equity
GP Profile: Partech Partners
Venture veteran Partech prepares to leverage its digital experience to take on the buyout world
Investcorp acquires Mercury Capital Advisers
Investcorp has been acquiring stakes in companies such as 3i's credit business to reach $50bn in AUM
Towerbrook exits Metallo in €380m deal
Sale ends a six-year holding period for the GP, which bought the company from Groupe Alpha
Generation's Sustainable Fund reaches $1bn close
Fund has a growth equity strategy, and enables the firm to make minority investments of $50-150m
Entry multiples heating up further in Q1 – research
Average value for PE-backed transactions increased by nearly 15% versus Q4 2018, says Clearwater
Unquote Private Equity Podcast: Sector selectors
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses sector specialisation strategies
Oklahoma pension fund increases PE allocation
OPPRS is set to add additional commitments of $150m in order to meet the new asset allocation
Impact investment demand outstripping supply – research
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey