Kirk Falconer

'Private markets will ultimately follow the lead of public markets,' says senior managing director Sachin Bavishi. 'It creates an interesting environment for us, an environment that for deploying capital is more favorable than it was in 2021.'

Blackstone buys Geosyntec.

TaylorMade was buried in the bunker until KPS made a brilliant sand save.

Nearly $475bn of fresh capital was secured by 854 buyout, growth equity, venture capital and other PE vehicles in 2021, up 19% from $399bn raised a year earlier, according to data from affiliate title Buyouts.

Blackstone's assets managed are expected to hit the $1trn mark in the year ahead, chairman and CEO Stephen Schwarzman said.

The vehicle was unveiled last year by the private-market affiliate of Xponance and Investcorp’s Strategic Capital Group to support diversity, equity and inclusion in the alternative asset industry.

Primed by a vigorous deal environment, tech PE fundraising rose to dizzying heights in 2021, with 474 North American vehicles collecting an all-time high of $227bn, according to Buyouts data.

Drivers of 2021's robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also feature in 2022's market.

Thoma Bravo agrees to buy Bottomline Technologies.

Georgian unveils blind-pool strategy to continue investing in software assets.