Lower than expected distributions are weighing on the venture capital fundraising market, with LPs being returned less cash from their VC commitments to re-invest in new vehicles.
The $144bn-managing New York State Teachers Retirement System has picked Sterling Group and Crestline among almost $1bn of new alternatives fund commitments.
Sun European Partners has agreed to sell Adler & Allan, a UK environmental risk reduction specialist, to the private equity business at Goldman Sachs...
Private equity executives are increasingly optimistic about the market outlook despite uncertainty over inflation, interest rates and international conflicts weighing on the economy.