Levine Leichtman Capital Partners closed its latest buyout fund, LLCP Lower Middle Market Fund III, at its increased $1.38 billion hard cap.
Private equity and credit investment advisory firm CVC Capital Partners agreed to acquire secondaries manager Glendower Capital.
H.I.G. Capital closed the H.I.G. Europe Middle Market LBO Fund at $2.4 billion.
Mary Hunt was named principal and portfolio manager at RCP Advisors to manage the firm's diversity, equity and inclusion strategy.
A Black former employee at Partners Group is suing for $10 million over claims she was forced out after complaining about alleged racist slurs.
A consortium of institutional investors led by BlackRock committed $1.1 billion to private equity strategies run by Mubadala Capital.
Bain & Co. predicts $1.1 trillion in global buyout transactions by the end of 2021, more than triple the $306 billion in transactions in 2011.
Suyi Kim will lead a private team team investing a quarter of CPPIB's $400 billion in assets while retaining her Asia duties for now.
Investor backlash against Apollo Global Management over Leon Black's ties with sex offender Jeffrey Epstein is waning as cash flows back in.
Blackstone and RidgeLake Partners acquired a passive minority interest in midmarket private equity firm Sentinel Capital Partners.
GHO Capital Partners closed GHO Capital Fund III, a European health-care buyout fund, at $2.4 billion — above its fundraising target.
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.
Laura Grattan and Dan Stanko were named managing directors at private equity manager Crosspoint Capital Partners.
Private equity firms are on a tear, buying smaller companies and merging them for instant growth, but higher returns are not assured.
American Securities merged its opportunistic credit business, Ascribe Capital, with Grove Capital to form AS Birch Grove.
LGT Capital Partners closed its latest secondaries fund at its $4.5 billion hard cap.
Most private equity investors foresee a technology-market correction within the next 18 months, but many are also upbeat on new commitments.
Access Holdings hired Kimberly Kile as head of investor relations and communications, a new position at the private equity firm.
Luminate Capital Partners has closed its latest software-focused middle-market buyout fund at $1 billion, its hard cap.
ATP allocated $979 million to a new long-term private equity strategy, which will invest in Danish companies.
Private equity and venture capital fundraising in Europe hit $123.4 billion in 2020.
Thoma Bravo agreed to acquire cybersecurity and compliance firm Proofpoint in a deal it said values the business at about $12.3 billion.
AlpInvest Partners raised $3.5 billion for its latest co-investment fund, focusing on buyouts and growth capital transactions.
Private equity investors are taking concrete steps to advance diversity, equity and inclusion, according to an industry association.