Kirk Falconer

'We should be everywhere first,' Stephen Schwarzman, Blackstone’s CEO, said at the Bernstein 38th Annual Strategic Decisions Conference.

Of primary interest will be high-growth tech businesses that prove their mettle 'as the tide goes out,' Leon Pedersen, CPPIB's new head of growth equity, told Buyouts.

Psaros shares with us his favorite song, his extensive philanthropic activities and his fantasy job in the front/business office of the Pittsburgh Steelers.

Sixth Street has 'a waiting list' of LPs seeking to commit capital to Tao, a $25bn cross-platform evergreen pool, sources told Buyouts.

The equities group oversaw C$70bn of assets last year, 80% of which were direct interests managed internally. Even among Ontario Teachers’ largest Canadian peers, this is an outsized share.

Launched earlier this year, the fund exceeded its $175m target inside of four months, founder and managing director Edward Benford told Buyouts.

Fundraising results in Q1 reverse a trend of major post-pandemic growth. Last year saw the second-highest amount secured on record: more than $503bn.

A fund target has not been decided, though president Bobby Le Blanc believes it will roughly correspond with the size range of Onex's mid-market ONCAP vehicles. ONCAP IV closed in 2016 at $1.1bn.

Including Fund XV and two small-cap vehicles, Thoma Bravo has so far accounted for $26bn-plus against a combined target of more than $28bn.

Cash-strapped LPs are 'having to make choices for the first time in a while,' CFO Jack Weingart said. 'What we see happening is those choices are benefiting the largest, most established GPs with the strongest relationships.'