Private Equity News

ICYMI: Nordic Capital wrapped up its second mid-market fund over the Christmas break, just four months after launching it into the market. The private equity firm announced a first and final close of Nordic Capital Evolution II at the hard cap of €2bn, exceeding its original target of €1.4bn. The fundraising was led by Nordic Capital, supported by Rede Partners LLP who acted as placement agent, with Kirkland & Ellis as lead legal counsel. More details below 👇

Regulators should not be intervening to prevent banks from being outcompeted by more efficient competitors, but they need to ensure a level playing field and make sure that the private credit market does not store up problems that could endanger the financial system or undermine the conduct of monetary policy.

A look back at our most-read interviews of 2024, featuring Dominique Senequier, Mattia Caprioli, Philipp Freise and more 👇

Private equity managers have grand hopes that dealmaking and fundraising will finally take off again in 2025. Their investors may have other ideas.

Reminder: Private Equity News is looking for nominees for its third annual roundup of ESG leaders https://trib.al/qBY6HKJ

Simpson Thacher & Bartlett LLP has hired a pair of leveraged finance partners from rival US law firm Sidley Austin LLP in London. Simpson has added Sidley finance pair Bryan Robson and William Gwyn, the firm said in an 18 December statement.

Reminder: Private Equity News is looking for nominees for its third annual roundup of ESG leaders https://trib.al/V7PQobe

BlackRock is plotting more private markets fund launches as it continues to expand its wealth franchise. The world’s largest asset manager will unveil three more strategies targeting wealthy investors in Europe, the Middle East and Asia Pacific next year. With comments from Fabio Osta, head of the alternatives specialists team in BlackRock’s Emea wealth business. Article by Kristen McGachey.

Marc Rowan has remade Apollo Global Management, Inc. during his nearly four years as its chief executive into a firm that manages more than $700bn in assets and is on a path to becoming a massive lender. The question facing the firm now: Would it be ready for life without him?

Reminder: Private Equity News is looking for nominees for its third annual roundup of ESG leaders https://trib.al/Kxe62lP