Fundraising

Technology-related sales platforms will play a role in the wealth unit's scale-up, according to wealth management chief Raj Dhanda.

'I’m personally spending a fair amount of time in this space,' Carlyle CEO Harvey Schwartz said. 'It’s a big initiative for me.'

Service provider adds features to CitcoConnect to help with KYC/AML and subscription forms.

The alts giant is set to launch BXPE, a dedicated private equity offering for wealthy individuals, in the coming months after it postponed raising capital for the vehicle.

Survey suggests many investors made the mistake of pulling back in the downturns of 2001 and 2008 and want to avoid that now.

North American managers are being drawn across the Atlantic, attracted by new structures and stable regulatory frameworks, according to Crestbridge’s group head of private equity, Alex Di Santo.

The survey, which compiled responses from 101 senior buyout, growth, private debt, VC, real estate and infrastructure executives globally, found a smaller number in market than a year prior.

Tempting (and fraught) market beckons.

GPs acknowledge fundraising is difficult, but they have perhaps surprising lofty expectations for the near term

Half-year fundraising dropped by a fifth year-on-year to $315.5bn across just 508 vehicles that held final closes over the period.