The 10-year life of a private equity fund has been industry standard for several decades, yet some GPs are increasingly breaking with tradition and launching funds with lives of 12 years or more. Mikkel Stern-Peltz looks at these emerging vehicles
New York State Common Retirement Fund (NYSCRF) has committed $400m to secondary special situations and new private lending investments in Asia-Pacific, according to documents seen by Unquote.
Fund completed its first deal, backing Poland-based household cleaning products manufacturer Clovin
BD-Capital is a recently established private equity firm targeting European mid-market businesses
GPs invest in the business alongside the founder Barbier and the management team led by Maderay