Managers
Investcorp, the Middle East’s largest alternative investment firm, is exploring the possibility of a public listing within the next three to five years as it targets doubling its assets under management (AUM) to $100bn, according to a report by Reuters.
A $14bn lawsuit filed by jailed Russian billionaire Ziyavudin Magomedov against US private equity firm TPG and Russian state-owned entities Rosatom and Transneft has been dismissed by London’s High Court, according to a report by Reuters.
Despite ongoing inflationary pressures, Centerbridge Partners sees significant potential in the US consumer credit market for 2025, and is set to target areas including consumer loans, home equity lines of credit (HELOCs), and data centre financing, according to a report by Bloomberg.
ChatGPT creator, OpenAI, has appointed Adebayo Ogunlesi, a private equity veteran and current CEO of Global Infrastructure Partners (GIP), to its board, according to a report by Reuters.
The US Securities and Exchange Commission (SEC) has intensified its crackdown on the use of private messaging apps by the financial industry, targeting a group of alternative investment firms, including several PE managers such as Blackstone, Carlyle, and KKR, for violating recordkeeping rules, according to a report by Investment Executive.
By Nick Lawler, Managing Director and Head of Secondaries, Churchill Asset Management: Last year was estimated to deliver $140bn+ in global secondaries volume, the largest year on record and definitively surpassing the prior high threshold of ~$130bn in 2021, according to an early 2024 report by Evercore. The segment’s growth results from a confluence of factors, including new pools of capital and entrants, proliferation of active portfolio management and a global LP base searching for liquidity.
Former Blackstone Executive Mustafa Siddiqui has launched SQ Capital, a newly established private equity secondaries firm, with the goal of tapping into the growing demand for liquidity in the middle-market sector, according to a report by Wall Street Journal.
Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed by Todd Hirsch, a former Senior Managing Director at Blackstone, according to a report by Reuters citing an internal company statement.
Lim Hyoung-seok, a former Vice President at KKR Korea, has left the global private equity firm after nine years to establish his own private equity fund, Neos Equity Partners, according to a report by the Korea Economic Daily.
Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijing’s tightening restrictions on IPOs and a decelerating economy having left foreign investors’ capital effectively trapped, according to a report by the Financial Times.Â
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
