Continuation Fund Financing Shifts Toward Hybrid Credit Facilities
With this year’s growing usage of continuation funds (now 20% of all exits through the first half of 2025), there’s been a corresponding jump in the usage of fund...
SEC Fines TZP Management $683,000 Over Management Fee Offset Violations
On August 15th, the SEC charged TZP Management Associates with violating Section 206(2) of the Advisers Act between October 2018 and November 2023, related...
Labor Department Directed to Clear Private Markets Access for $12.5tn 401(k) Market
GTCR Set to Return Over $5bn to Investors Amid Successful Exit Streak
While many peers are struggling to find viable exits, GTCR is already on track to return more than $5 billion this year to investors, reports Bloomberg....
Private Equity Firms Turn to Dividend Recapitalizations Amid Exit Challenges
Buyout firms have embraced dividend recapitalizations this year as the continued slowdown in traditional exit channels pushes sponsors to find alternative...
KKR Founders Advise Calm Amid Trade Tensions, Highlight European Investment Opportunities
Speaking at the Milken Institute Global Conference in Beverly Hills on Monday, KKR’s Henry Kravis and George Roberts told investors to maintain perspective...
Yale Endowment Explores $6 Billion Secondary Sale of Private Equity Assets
Yale University is considering unloading a sizeable portion of its private equity holdings in what could be one of the largest secondary offerings by an...
Clearlake’s $5.75bn Bridge Loan Strategy Faces Headwinds Amid Market Volatility
Clearlake Capital Group’s latest debt financing strategy may be tested as tariff announcements cloud the near-term outlook. In late March, the firm turned...