Kirk Falconer

“Despite macro-economic headwinds…we expect 2023 to be another very strong year for the business overall and for fundraising – on par with 2022, which was a record year,” CEO Bruce Flatt says.

A dedicated program is expected to be unveiled in the third quarter, co-president Scott Kleinman said in the firm’s Q1-2023 earnings call.

Fund VII does not have a target, sources tell Buyouts. It will continue raising capital, they say, with Silver Lake expected to announce a final closing before the end of the year.

“While we believe that we will attract a significant amount of capital for our next vintage of buyout funds, we no longer expect these funds in the aggregate to be the same size as their predecessors,” CFO Curt Buser said.

A key feature of the Pathfinder strategy is its social impact pledge. Inclusive of Fund II’s first close, the platform will have more than $10.5bn of capital 'designated with this charitable tie-in,' CEO Michael Arougheti says.

Market tumult doesn’t faze private equity co-heads David Sambur and Matt Nord, who have worked side by side for two decades and have seen it all.

Early on, Corsair's CEO decided that instead of occupying the role of 'adviser on things being fixed,' he wanted to be 'the investor doing the fixing.'

At $5bn, Fund VII is already the largest pool in Audax’s more than two-decade history, topping by 43% its $3.5bn predecessor closed in 2018.

If wrapped up at its present size, Hunter Point Capital Fund I would already be among the 10 largest GP stakes pools, according to Buyouts data.

Recent investing by Brookfield has informed its plans for a long-term strategy. The firm is exploring more deals “outside of a fund structure,” David Aiken, head of long-term equities, told Buyouts.