Buyouts

Buyouts, published by PEI Group, is your premier source of news, data, and analysis of trends in North American private markets.

[Buyouts @Buyouts]

Carlyle’s US buyout platform is set to generate nearly $12bn in realizations over 13 months.

The proceeds come as LPs continue to push GPs for liquidity in a muted exit market.

Read more: https://t.co/KQSeQdq6eJ

[Buyouts @Buyouts]

JF Lehman & Company is targeting $2.75bn for JFL Equity Investors VII.

The aerospace and defense-focused buyout firm returns to market just over a year after closing its $2.23bn predecessor fund.

Read more: https://t.co/4oZaojHfg3

[Buyouts @Buyouts]

ERS Texas has amended its policy to prohibit private markets in its defined contribution plan, saying current offerings do not meet its standards as the market develops.

Read more: https://t.co/kREEI4BMdu

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OceanSound Partners has hired TPG’s Laura Noisten as principal of capital markets as the mid-market buyout firm scales its platform and financing capabilities.

The firm is currently raising Fund III targeting $2bn.

Read more: https://t.co/21ptpshRqa

#PrivateEquity

[Buyouts @Buyouts]

Apollo has launched fundraising for its 11th flagship buyout fund, targeting $22bn–$25bn and aiming for a final close in 2027.

The firm is highlighting strong DPI performance across recent vehicles as LPs prioritise cash returns.

Read more: https://t.co/NcvN5w7vjW

[Buyouts @Buyouts]

DPI is becoming a decisive metric in private equity fundraising.

LP liquidity pressure and slow exits mean managers returning cash are gaining an edge. PEI data shows median DPI for 2022 buyout funds at just 0.01x three years in.

Read more: https://t.co/dDlUEy6Dhi

[Buyouts @Buyouts]

Bregal Sagemount closed its $3.5bn Fund V in four months.

Founder Gene Yoon says keeping fund size increases “conservative” has helped maintain LP support while protecting the firm’s risk-return profile.

Read more: https://t.co/wEgsMaCwHD

[Buyouts @Buyouts]

Greenbriar Equity Group has raised $5.4bn for Fund VII, beating its $4.25bn target.

The oversubscribed fund underscores LP appetite for the firm’s industrial-focused mid-market strategy.

Read more: https://t.co/e6xILXYhuh

[Buyouts @Buyouts]

⚖️ Butterfly Equity is now under the sole control of co-founder Adam Waglay after a dispute with Dustin Beck as the firm prepared to market its next flagship fund.

Court filings detail the split at the $7bn manager.

Read the full report: https://t.co/y7GU124OHu

#Buyouts

[Buyouts @Buyouts]

Brookfield is tracking secondaries as a priority M&A target.

CEO Connor Teskey said the strategy sits “near the top of the list” for inorganic expansion, as consolidation accelerates across the market.

Read more: https://t.co/Z0A4jjAZZ0

[Buyouts @Buyouts]

Maintaining a relationship between two private equity professionals can be a challenge, as work and travel take up most of their time. 'It forces us to be intentional about how we spend time together.'

https://t.co/qjFX5ESJ2d

[Buyouts @Buyouts]

As part of the process, the firm is letting go of some staff, including managing directors Helen Chiang and Loren Easton, who have moved into senior adviser roles.

#Fundraising

https://t.co/2HcSLTQXgf

[Buyouts @Buyouts]

In perhaps the most significant change, OMERS, a pioneer of institutional direct investing, is launching a new global private equity funds strategy.

#PrivateEquity

https://t.co/Km95DqrPEm

[Buyouts @Buyouts]

The firm was best positioned to know the asset well, which helped inform its ability to set an appropriate price, Kian managing partner Kevin McCarthy said in an interview.

#Secondaries

https://t.co/4Q2AOZJw1o

[Buyouts @Buyouts]

Continuim Equity Partners focuses on acquiring lower mid-market manufacturing and industrial companies, mostly located in the US Midwest and Mid-Atlantic regions.

#EmergingManagers #Fundraising

https://t.co/ZE8x0SnDkK

[Buyouts @Buyouts]

Hull Street Energy was founded in 2014 by managing partner Sarah Wright, who previously held senior roles at ECP and Goldman Sachs.

#Fundraising

https://t.co/kzEQRkdpDf

[Buyouts @Buyouts]

In taking over from Suyi Kim, Gubbels will become CPP Investments’ second consecutive female private equity head.

https://t.co/I0N2jLRJN6

[Buyouts @Buyouts]

The new flagship offering's target size is 12% larger than Fund IX, closed in 2021 at $5.6bn.

#Fundraising

https://t.co/PUJXXDJVt9

[Buyouts @Buyouts]

Setty tells us about her dream job as CEO of Global Citizen, her love of all things French and why focusing on the J-curve has its shortcomings.

https://t.co/axiuuOOe5x

[Buyouts @Buyouts]

The firm raised $68bn in Q2, bringing inflows over the last 12 months to $140bn, Brookfield’s highest ever in a 12-month period.

https://t.co/Ovw1TI5fqr

#Fundraising