North American fund managers are increasingly looking to raise funds in Europe as they seek to broaden their investor base, according to new research from Ocorian, a specialist in fund administration, capital markets, corporate, private client and regulatory services.

The overwhelming majority (96%) of private equity firms believe that technology is a “value-creation lever” and can add value throughout the investment lifecycle, although the industry remains overly reliant on manual systems and processes, according to a new survey from investor services group IQ-EQ.

Ampersand Capital Partners, a middle market private equity firm focused on healthcare, has been ranked first globally for growth capital PE performance for the second year running by HEC Paris-Dow Jones.

Strong asset sales across Carlyle Group’s private equity portfolio saw the alternative asset management firm’s distributable earnings jump by nearly 59% year-on-year in the first three months of the year, according to a report by Reuters.

Stafford Capital Partners, a $7.9bn international private markets investment and advisory group, has launched a private equity decarbonisation programme, which aims to help private equity investors reduce their portfolios’ carbon footprint.