War for talent pushes PE firms to remodel

War for talent pushes PE firms to remodel

In an effort to recruit and retain new talent, PE firms of all sizes have prioritised talent management above everything aside from asset growth. With private markets taking a hit after two years of record returns, PE firms may have to be less selective when it comes...
Investors selling out of buyout funds at record pace

Investors selling out of buyout funds at record pace

Pension funds are among those investors that sold a record $33bn of private fund investments in the first six months of 2022, according to a report by The Financial Times. Partly triggered by the recent steep decline in stock markets, investors are now selling stakes...
Carlyle CEO Kewsong Lee steps down in abrupt early departure

Carlyle CEO Kewsong Lee steps down in abrupt early departure

Private equity firm Carlyle Group Inc said on Sunday Chief Executive Kewsong Lee, 56, has stepped down with immediate effect months before the scheduled end of his five-year contract. Carlyle said in a statement it and Lee mutually agreed his contract which was due to...