Private equity

The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.

The Canadian pension giant will sell its exposure in 33 funds having brought a portfolio of 56 lines to market.

The manager’s $1bn CFO created access for insurance investors that had lost the ability to back PE, while offering a compelling capital raising strategy for the firm itself.

Aqualis’ offering will focus on what the firm sees as an underserved part of the secondaries market: smaller transactions.

Q1 saw 27 CVs close, with nine involving asset classes beyond private equity.

Following the announcement of Lazard’s agreed acquisition of Campbell Lutyens, future co-CEOs Holcombe Green and Gordon Bajnai discuss what to expect once the deal closes.

While some software businesses are poised to become stronger on the back of a wave of AI innovation, there will be others that suffer or become obsolete, says managing director Jeff Keay.

StepStone co-underwrote the transaction, which includes Arrive Group, marking the second time a PE firm has moved its exposure to this asset into a CV.

Munich Private Equity Partners’ Hans-Christian Moritz draws on the famed psychiatric model to describe an industry coming to terms with a new liquidity reality.

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.