ALTERNATIVES
Net-zero emissions goals and reliable returns are enticing pension plans to allocate to real assets such as timber and farmland.
Permira closed its latest buyout fund, Permira VIII, at $17.8 billion — ahead of its fundraising target.
Bainbridge Partners agreed to acquire three of GAM Investments' alternatives strategies with combined assets of $87 million.
Pension funds, family offices and institutions seek less correlation to global markets, and Cloverlay has those deals.
Golub Capital, a direct lender and credit asset manager, expanded its footprint in Europe by adding three people to its London office.
Legal & General Capital has taken a significant minority stake in women-led impact investment advisory firm ImpactA Global.
Kevin Gong was appointed managing director and co-head of tech and consumer in Hong Kong-based VMS Group's private equity team.
Private markets managers are increasingly seeking marketing executives to raise capital as hiring was up 27% in 2022.
Private credit manager Monroe Capital is acquiring venture capital debt manager Horizon Technology Finance Management.
Ares Management is taking a minority stake in scientific fixed-income manager BlueCove, with the option to acquire control of BlueCove over time.