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Vertex Ventures hits final close of fifth India, Southeast Asia VC fund

GP stake buyer Dyal Capital brings in $12 9bn for new deals with Fund V final close

Blue Owl investment arm Dyal Capital Partners has soared to a $12.9bn final close for its latest fund targeting minority stakes in private equity firms.

LPs score over 2 5x return from DBAG Fund V as firm secures vehicle s final exit

German private equity investor Deutsche Beteiligungs has scored a better than 2.5x return for investors in its fifth flagship fund following the sale of its final portfolio business.

Level Equity launches two new funds to follow $735m predecessor pair from 2018

Atlantic Street Capital hires Steinle to lead investor relations, second senior hiring in the month

3 Connecticut private equity firm Atlantic Street Capital has hired Jay Steinle from Lighthouse Investment as partner to build the firm’s investor relations function. Steinle will take the lead for existing limited partner relations as well as developing new relationships, the firm said. He previously spent six years as managing director for Lighthouse Investment, where he launched and expanded the firm’s separate account business. Steinle also built a socially responsible hedge fund portfolio at the firm. He was formerly director of marketing for EACM Advisors, a division of BNY Mellon Asset Management. Atlantic Street co-CEO Peter Shabecoff said, “We are delighted to have recruited Jay to join us as a partner to build this new function at ASC.

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