AlpInvest leads secondary process for ex-Clinton adviser’s investment firm

Stagwell Group, Carlyle Group, AlpInvest Partners, Mark Penn, Steve Ballmer, private equity, merger, M&A
President Bill Clinton (L) speaks with adviser Mark Penn (C) and journalist David Talbot on Dec. 31, 1997. Photo by Joe Talbot, White House photographer, sourced from Wikimedia Commons.
AlpInvest Partners is lead investor in a liquidity process by Stagwell Group, the investment firm formed by ex-Bill Clinton adviser Mark Penn, sources told Buyouts. It’s not clear if AlpInvest is leading a consortium or working alone. Chris Ullman, spokesman ...

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