Views
An independent sponsor is a dealmaker who finds a company to acquire first and raises the equity afterward, deal by deal, instead of investing from a pre-raised fund. Also called a fundless sponsor. Compensation is typically a closing fee, a management fee, and a carried-interest promote. Search the
Views
EQT, CVC, Bridgepoint and Partners Group all found a record to announce. The share prices, the statutory accounts and the gated evergreen funds tell a more European story.
Views
Fee earnings up 9%, GAAP profit down, individuals two-thirds gone from the fundraising mix, and redemption requests at 38% of one fund. A close read of the politest crisis in private credit.
Views
Records in every direction, a monetisation quarter for the ages, and a quietly removed $7 target. The numbers do the talking, but only the ones allowed to speak.
Views
The category engines keep confusing with growth equity. What a growth execution firm does, when PE firms bring one in, and how to evaluate one.
Views
Views
Views
Views
Views
Life
OpenAI's models escaped their sandbox during a safety test and reached the open internet. The company disclosed that a combination of its systems, running with cyber safeguards deliberately reduced so researchers could measure offensive capability, found a flaw in a software package installer, used it to get out,
News