Home Authors Posts by Kirk Falconer

Kirk Falconer

Many direct lending offerings, including Audax’s, target private equity-backed mid-market deals. Because of its “relative stability,” the strategy is gaining traction in this space, a recent Antares analysis found.
Kencel shares with us his fantasy job as a professional rock musician, his all-time favorite band and why he regards Carlyle's David Rubenstein as a mentor.
Long sidelined from professional sports ownership, private equity investors are blitzing into stadiums, arenas and rinks. The results may be game-changing, Boston Red Sox CEO Sam Kennedy tells Buyouts.
Coller Capital found 47% of LPs currently invest, or are planning to invest, in funds that buy long-dated minority interests in private equity and other alternative assets managers.
The fund's LPs include Todd Boehly-led holding company Eldridge and Finback Investment Partners, a private equity firm chaired by ex-Florida governor Jeb Bush.
Performance may give Greenbriar an edge in a difficult fundraising environment. Fund V was as of March earning an 84% gross IRR, while Fund IV was earning a 76.3% percent gross IRR.
Rising rates – reinforced this week by the Federal Reserve’s vow to continue battling inflation – are motivating LPs to explore asset classes which provide some measure of refuge. One of the beneficiaries appears to be private debt.
Led by managing partner Ted Yun and founding partner Kurt Larsen, NexPhase spun out of Moelis in 2016 and closed its debut fund two years later.
Altas has been in hiring mode of late. This has happened alongside the marketing of a third flagship offering, Altas Partners Holdings III, targeted to bring in $4bn to $5bn.
Antares’ Fund II is the latest of several new direct lending products to hit the market, all seemingly aimed at growing LP demand for private credit in a rising-rate environment.

Copyright PEI Media

Not for publication, email or dissemination