Secondary fundraising stays strong despite pandemic

Secondary fundraising stays strong despite pandemic

The coronavirus pandemic stalled deal activity in the secondary market in the first half of the year, but secondary funds continue to find favor as investors bet that deals will pick up as the pandemic eases. “Coronavirus is creating a hundred-year-flood scenario for...

CVC Capital Closes Record 21 Billion-Euro Buyout Fund

CVC Capital Partners has completed a 21.3 billion-euro ($24 billion) fundraising for its eighth flagship fund, people familiar with the matter said, in the private equity industry’s largest new pool of capital so far this year. The buyout fund, which is CVC’s biggest...

Sovereign Funds Pile Into Venture Capital Investments in 2020

Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are against a backdrop...