Sherrese Clarke Soares, founder of HarbourView Equity Partners, sets the tempo for women aspiring to the C-suite. We salute 10 accomplished professionals and their achievements in a hyper-competitive field of play.
“Virtual care was tiny before the global pandemic, but there is an enormous number of players now," said GA's Robb Vorhoff. "We believe there will be a big consolidation trend in that space.”
Drivers of 2021's robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also feature in 2022's market.
"I think of how painful banking was in the 1980s and 1990s and how tech has transformed and makes things smoother, and healthcare has not changed a whole lot," said Silversmith co-founder Jeff Crisan.
The CalPERS sale is among a slew of traditional LP portfolio sales to hit the market since the fall, with prices high and buyer interest piqued by more diversified investments.
Apax hopes to command a price for the stake sale that assigns ECi a total valuation of $2.5 billion, a source said.
Capital Constellation, a group of institutional investors managed by Wafra, has invested in Broad Sky, which bought Thomas Scientific from Carlyle.
LPs are drawn to first-timers formed in spinouts from big, brand-name PE firms.
3i Group acquired EC Waste from Post Capital, which held the waste management company for seven years.
'Many sectors – consumer services, logistics, distribution, for example – are terrific sectors with higher valuations today that align with long-term trends.'