PEI Group Data

A distribution desert has led to a surge in first-time LP sellers, while a challenged fundraising market has heralded the return of the primary staple.

AI may be poised to turbocharge secondaries underwriting, but digital marketplaces and tokenisation are yet to gain traction.

Primary Wave’s fourth and largest such fund exceeded its original $1.5bn target fundraise and hard cap.

Infrastructure debt is increasingly popular among LPs, particularly those with more established credit portfolios.

The firm’s Credit Opportunities Fund II collected more than double its target and will primarily invest in secondaries and co-investments

Mathieu Paillat, a former PAI Partners executive, will join as part of the European Corporate strategy, which focuses on flexible capital solutions.

The closing of Comvest Credit Partners VII exceeded its target fundraise of $2.5bn

A record first quarter speaks to continued institutional investor enthusiasm for private debt despite concerns on the retail side.

Adams Street’s third private credit platform focuses on senior financing to sponsored mid-market US and European businesses.

The Los Angeles-based manager exceeded the fund’s target fundraise as well as its prior vintages.