Investment firm backed by Alibaba co-founder raises first private equity fund
Blue Pool Capital has set a $750mn target as it expands into external asset management
Blue Pool Capital has set a $750mn target as it expands into external asset management

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Glendon Capital Management says debts are marked higher than similar publicly traded securities

Fears mount that outflows may soon overwhelm inflows to some of largest players

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Larger funds’ global share of commitments slides as fundraising winter drags on