Private Equity Wire

KKR said it has generated more than $900m in monetisation income so far in the second quarter, signalling a continued recovery in private equity exit activity after several years of subdued dealmaking, according to a report by Reuters.

The firm said monetisation income exceeded $900m through 24 June, up from $878m reported in the first quarter...

US asset manager Allspring Global Investments is exploring acquisition opportunities in the UK and Europe as it looks to expand its international footprint, according to a report by Reuters citing the company’s CEO Kate Burke.

The firm, which manages $625bn in assets, has begun informal discussions with potential targets but said no transactio...

Ares Management has capped redemptions from its flagship Ares Strategic Income Fund after investors sought to withdraw more than $1.5bn during the second quarter, according to a report by the FT.

The nearly $11bn fund received redemption requests equivalent to 14.4% of net asset value, up from 11.6% in the first quarter. In line with the fund’...

EasyJet has agreed to enter discussions with Castlelake after rejecting a fourth takeover proposal from the US private credit manager, saying that granting the firm access to limited commercial information could lead to an improved offer, according to a report by the FT.

The airline said Castlelake’s latest proposal, valuing the business at ap...

Partners Group is considering launching slightly smaller evergreen funds in future, with chairman Steffen Meister saying the firm may better align fund sizes with long-term investor flow dynamics following recent redemption pressures.

Speaking to Bloomberg, Meister said the Swiss private markets manager has no plans to alter its overall evergr...