2020 Could Be the Biggest Year Ever for Secondaries Fundraising

2020 Could Be the Biggest Year Ever for Secondaries Fundraising

The secondaries market has been flooded with record levels of cash, as investors sought to capitalize on what they see as a buyer’s market for private equity stakes. According to Preqin, a provider of private markets data, the 11 secondaries funds that closed in the...
Apollo Global’s quarterly earnings fall on slower asset sales

Apollo Global’s quarterly earnings fall on slower asset sales

Buyout firm Apollo Global Management Inc said on Thursday its second-quarter distributable earnings fell 11% on-year, weighed down by slower asset sales in its private equity and real estate businesses. Apollo said distributable earnings (DE) – the cash...
Carlyle collects $1.84bn so far for second long-dated fund

Carlyle collects $1.84bn so far for second long-dated fund

Carlyle’s Global Partners strategy typically holds investments made from the fund for more than 10 years,  Carlyle Group has collected at least $1.84bn in commitments so far for its latest long-lasting investment fund, according to a regulatory filing. The Washington...