Blackstone and RidgeLake Partners acquired a passive minority interest in midmarket private equity firm Sentinel Capital Partners.
Kohlberg & Co. completed a GP-led transaction closing its first continuation vehicle, co-led by BlackRock, GIC and Lexington Partners.
Hellman & Friedman closed its largest buyout fund to date, Hellman & Friedman Capital Partners X, at its $24.4 billion hard cap.
Private equity firms are on a tear, buying smaller companies and merging them for instant growth, but higher returns are not assured.
Most private equity investors foresee a technology-market correction within the next 18 months, but many are also upbeat on new commitments.
Azimut Alternative Capital Partners acquired a 12.5% stake in middle-market private equity firm HighPost Capital.
One Rock Capital Partners closed its third middle-market buyout fund, One Rock Capital Partners III, at its $2 billion hard cap.
After a slump in deals caused by the pandemic, the largest private equity managers "sprinted to the finish" in the second half of 2020.
Carlyle Group obtained a first-of-its-kind $4.1 billion ESG-related credit facility, linking the price of debt to its diversity goals.
Global private equity assets under management expected to continue robust growth.
Private equity-backed businesses are pushing to be considered tech companies, boosting valuations in time for sales.
Advent International closed its latest fund, Advent Latin American Private Equity Fund VII, at $2 billion.
Carlyle Group's AlpInvest and affiliated investors are now the largest investors in Kinderhook Capital Fund III, following recapitalization.
More investor capital is expected to be stuck in private equity funds for longer as a result of the COVID-19 recession.
A study shows fees and terms for private equity funds were highly uniform in 2018-19, indicating managers had significant bargaining power.
ILPA has released new guidance that aims to create a common reporting standard on private equity managers' use of subscription lines of credit.
73% of private equity investors expect the largest managers to capture a growing proportion of total commitments over the next five years.
New Mexico State Investment Council committed up to $100 million for short-term loans to businesses affected by the COVID-19 crisis.
Private equity is paying more for portfolio companies with purchase multiples nearly 12 times EBITDA, fueled by a record amount of leverage.
Odyssey Investment Partners closed its latest middle market buyout fund, Odyssey Investment Partners Fund VI, at its $3.25 billion hard cap.
Blackstone Group's private equity group is scouring the world for portfolio companies.
Blackstone's private equity CIO sees an opportunity for large deals.
HealthCare Royalty Partners has closed its latest health-care private equity fund, HealthCare Royalty Partners IV, at $1.8 billion.
Vistria Group closed its $1.1 billion Vistria Fund III, a middle-market buyout fund.
Taylor Swift called out private equity as a "harmful force in (the music) industry" in a speech for Billboard's Woman of the Decade Award.