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Chris Witkowsky

Crosspoint is one of several first-time GPs testing the pandemic-scarred market with new funds.
Silver Lake’s launch of a multi-decade strategy is the latest example of a private equity industry grappling with how to hold on to assets outside of a traditional 10-year fund model.
An intriguing aspect of the Hellman deal is that the firm’s newest pool, Fund IX, would participate in the secondary.
Gilbert Klemann, GHK Capital, private equity, Goldman Sachs
GHK, led by Gilbert Klemann, launched the fund just as the pandemic kicked off, and has been attracting capital by fundraising remotely.
The market for GP-led processes like single-asset deals and fund restructurings is frenetic.
It’s not clear if the investments would be in the form of direct investments alongside GPs, or passive stakes in private equity and venture funds.
Term amendments giving GPs more time to manage out funds will likely increase as the pandemic pushed back exit timelines for many firms.
The firm doesn’t appear to be having problems attracting capital in the pandemic, at a time when limited partners are primarily committing to established managers.
Charger Investment is among a small group of first-time funds facing the challenge of the pandemic-stricken market, where LPs are mostly focusing on re-investing with existing managers.
Pine Street Capital, private equity
The question is how a large LP portfolio will fare on today’s market, when buyers have been reluctant to dive into assessing such diverse holdings.

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