Managers
Dextra Partners, a new independent, multi-strategy investment firm focused on providing investors with middle market private equity opportunities, has launched in New York with $2.5 billion of investable capital from a group of strategic partners.
Dextra’s six founding partners, who own a controlling interest in the firm, have a combined 150 years of investment experience across primary fund commitments, secondaries, private debt, structured capital, equity-co-investment, and GP seeding/staking.
The founding partners are: Quint Barker, Former Chief Investment Officer at GoldPoint Partners; Thomas Haubenstricker, Former Chief Executive Officer at GoldPoint Partners; Scott Iorio, Former Managing Principal at GoldPoint Partners; Michael Kho,
Fast-growing private equity firm Catalio Capital Management is to acquire HealthCor, a healthcare-focused equities hedge fund firm founded by veteran healthcare investors Art Chen and Joe Healey.
A shortage of debt financing due to rising interest rates and a reluctance by banks to loosen their purse strings has caused private equity funds to rethink how they pull off large buyout deals, according to a report by Reuters.
After a rousing start to 2022, the leveraged buyout (LBO) market has slowed down, as the war in Ukraine and hawkish interest rate moves drove up financing costs and weighed down valuations, resulting in a 40.4% contraction in global buyout activity up to 14 December, according to data from Refintiv. The data also shows that the number of LBO deals
Asset managers are selling private equity holdings via secondary market transactions at a record rate as they look to cover losses from other investment and rebalance portfolios, according to a report by Reuters.
The report says that the sell-off is another signal that investors are beginning to “fall out of love” with alternative investments that until recently were flavour of the month.
With deals being negotiated privately, total turnover is difficult to gauge, although the report cites investment firm Hamilton Lane as saying that some $224 billion in private equity stakes have been offered in the secondary market this year
VI Asset Management has appointed Apex Group to provide fund administration services to its inaugural evergreen Asia private credit fund.
Blackstone is considering delaying the launch of a new flagship private equity fund for wealthy investors following heavy investor withdrawals from two other funds aimed at a similar investor base – a real estate vehicle and one private credit fund – according to a report by the Financial Times.
The Korea Investment Corporation and Golub Capital have expanded their strategic partnership, with KIC acquiring a passive, non-voting minority stake in Golub Capital’s management companies.
Northleaf Capital Partners, a global private markets investment firm, has opened a new office in Tokyo, Japan, the ninth location in the firm’s global network complementing its existing Asia-Pacific presence in Melbourne, Australia.
During periods of heightened uncertainty, co-investments can provide a means for private markets investors to gain tactical exposure to well-managed companies, including those in more defensive and resilient sectors, says Dave Brett (pictured), partner & head of co-Investments at Adam Street Partners.
BlackRock is planning to bring two more private equity European Long-Term Investment Funds to market in 2023, after raising €415m for the firm’s second ELTIF bringing total fundraising to almost €1 billion, according to a report by InvestmentWeek.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
