North America

Private capital’s role in the fight against climate change

As the all-important 2030 deadline to limit global warming looms, are private markets on track to help meet the world’s critical climate needs?

Sustainability: Managers double down on value creation and metrics

After an era of exuberance, expansion and ‘rockstar’ roles, sustainability in private markets is being more closely tethered to value creation.

Stone Point closes multi-asset CV on more than $3bn

Roughly half of the CV’s value is concentrated in two portfolio companies, Secondaries Investor understands.

Sustainability of secondaries market ‘feels quite good’ – Carlyle’s Schwartz

Secondaries is not about stressed portfolios or assets that firms cannot sell – it is about capital allocation and repositioning, according to CEO Harvey Schwartz.

Minnesota SBI gives CIO power to commit up to $750m to secondaries deals

The change in the investment policy will streamline the SBI’s investment process and keep it in line with the policies of its peers, according to its CIO.

CVs account for nearly one-fifth of sponsor-backed exits – KPMG study

Some GPs view continuation vehicles as ‘temporary measures’, according to the financial services firm.

NYU endowment shops small portfolio amid rise in private markets sales

Endowment sales ticked up in the first half of this year to around 15% of overall LP sales, according to Campbell Lutyens’ half-year volume report.

Cari Lodge: Small end of the market has abundance of deals

Aqualis Partners is looking to take advantage of the growing and increasingly attractive small-cap market.

Minnesota SBI commits $300m to Blackstone SMA

The vehicle will invest in a variety of strategies, including secondaries.

Private markets’ burgeoning capital concentration challenge

By appealing to retail and large institutional investors, mega-managers may end up with the lion’s share of capital, with implications for themselves and their investors, writes Cambridge Associates’ Andrea Auerbach.