Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers, Reuters reports.
Platinum Equity announced today the final close of its latest global buyout fund, Platinum Equity Capital Partners V, with $10 billion in total capital commitments.
Multi-boutique manager North Square Investments officially announced today that it has reached an agreement to acquire a majority interest in C.S. McKee.