Firms & Funds

The evergreen fund will aim to invest in a mix of secondaries, direct investments and co-investments in credit and equity.

Two London-based executives will join in the second quarter of this year to lead a practice focused on GP-led transactions.

Caroline Gibert's team aims to have women account for 40% of Flexstone's investment team by 2030 and for the business to be carbon neutral by 2050.

Record volumes, lots of new entrants and GP-led deals with a little more 'hair on them' are among trends to look out for this year, according to industry leaders.

Celeste Barone has been named president and chief client officer of 4Pines Fund Services.

The niche secondaries firm has raised nearly 60% more for Fund V than the amount raised for its 2017-vintage predecessor.

Nash Waterman and John Wolak had co-led the investment bank's secondaries unit after former secondaries head Jonathan Costello left in 2016.

Nordea Private Equity's secondaries fund is managed by Christen Estrup and former Partners Group executive Julien Marencic.

The Carlyle subsidiary has hit the hard-cap on ASP VII and raised $1.2bn for co-investments, with support of LPs such as the California Public Employees' Retirement System.

DWS, which is understood to be in market with its debut fund, recently completed a deal involving Revelstoke Capital Partners portfolio company DataLink Software.