Dag Skattum, Europe head of the asset manager's Long Term Private Capital fund, says family- and privately owned companies are attracted to a more flexible type of capital.
The UK-headquartered firm is set to hold final closes this month on two northern European mid-market focused vehicles, Genesis 9 and Saturn 2.
Private equity is failing to find its voice or properly engage with its detractors and the barrage of criticism won’t stop until it does.
The Singaporean firm held the final close on Quadria Capital Fund II on $595m after raising its hard-cap from $500m, managing partner Abrar Mir tells PEI.
The fund's investors are predominantly regional banks and local financial institutions looking to generate additional business opportunities within their respective locales, PEI understands.
Explore the past 10 years of capital raising and see which firms have risen the ranks, including data on Blackstone, Carlyle Group, KKR and more.
The group did the same for Tata Capital Growth Fund II, which is expected to hold a final close below target in H1 2020.
The $164bn pension plan, which is focused on getting more exposure to smaller managers in Europe, finds language and regulatory differences within the EU still tough to navigate.
Deal sourcing will be led by Peng Fu, a former MD at Chinese investment manager Fosun, according to an investor email seen by PEI.
PE returns lag behind US stocks and firms use higher levels of debt to finance ever-expensive purchases, according to latest reports from Bain and McKinsey.