Private Equity

A new study by fund services provider Elian reveals a significant portion of private equity investors surveyed plan to increase allocations to private credit funds globally over the coming year, while more than half believe the private debt market will grow.

Global alternative asset company TPG has hired former Morgan Stanley private equity executive Sanghoon Lee as a partner at the firm and head of its private equity operations in South Korea.

Private equity company Hidden Harbor Capital Partners has named Ken Trent as an operating partner in the firm. 

Global alternative investment manager Hamilton Lane has hired former SEI senior executive Lydia Gavalis as its deputy general counsel.

Natixis has hired veteran alternative investment industry executive David Daniels as head of its financial sponsor coverage in the Americas. 

Chinese investment manager China Everbright has completed the first closing of a new buyout fund with total capital commitments of approximately $264 million. 

Private equity giant Thoma Bravo has hired former HGGC executive Hudson Smith as a partner on its recently-launched Discover middle-market software fund.

Private equity managers are predicting growth in their industry over the next twelve month, according to a new survey from industry data provider Preqin, driven by growing investor interest and an expected increase in exits.

Global law firm Ropes & Gray has strengthened its private investment funds practice by hiring former Wachtell Lipton Rosen & Katz partner and alternative investment industry veteran Amanda Persaud.

The Watermill Group has announced the promotion of three executives to senior leadership roles.