The firm saw 'real strength' in its private equity and infrastructure wealth products over the past year, head of investor relations Craig Larson said on its Q3 earnings call.
There could be almost $80bn of NAV in funds where carry is owed back to LPs that have backed US vehicles, according to research from Upwelling Capital Group.
Julia Kohen and Jennifer Levitt will succeed Mary Touchstone, who helped to establish the group.
Some 38% of GPs offered early bird discounts on management fees in 2023, a marked increase from 18% the prior year, according to research from the law firm.
Firms will find it tougher to invest once interest rates get cut, says Blackstone's president and chief operating officer in a video interview at NEXUS 2024.
Continuation vehicles across different geography, size and industry of underlying assets have generated similar return multiples.
LP-led deals drove the bulk of volume last year and accounted for 55% of total trading, according to data from the investment bank shared exclusively with Secondaries Investor.
The State of Wisconsin Investment Board and Florida State Board of Administration both expressed unfavorable views on NAV-based instruments on a webinar hosted by PEI.