Morning Hubsters! This is Chris, on the Wire this morning. Just a quick note of thanks to everyone who has sent in ideas about interesting first-time funds. We have a lot to choose from – seems new firm and fund launch activity is continuing unabated, despite the uncertainty in the markets. (That’s my anecdotal view, anyway). We’ll have a robust list of mostly first-timers, and some emerging managers, to publish on June 1. On to the Wire … Hair: Bansk Group is a firm that has hit our radar more recently, as it’s one of our first-timers that will be looking to raise its debut fund. This week, the firm, led by senior partners including Bart Becht, former chairman of JAB Holding, recently closed on two haircare brands, amika and Eva NYC. Bansk partner Chris Kelly told PE Hub reporter Obey Martin Manayiti that the firm plans to expand the companies’ physical footprint and scale of their ecommerce businesses. The two brands will continue to operate independently post-deal under their respective presidents, Chelsea Riggs and Jane Moran, Kelly said. Read more here on PE Hub. Bansk, meanwhile, is targeting up to $1 billion for its debut fund, which has held a first close, Buyouts previously reported. The firm partners with brands across four categories: household products, beauty and personal care, consumer health and food and beverage. Lab: GTCR made a majority investment in PathGroup Holdings, an independent laboratory, alongside founder and CEO Ben Davis and company management. Pritzker Private Capital and Vesey Street Capital Partners will retain minority stakes. Read more here on PE Hub. That’s it for me! Have a great weekend. Hit me up with tips n’ gossip, feedback or just to chat at [email protected] or find me on LinkedIn. Read the full wire commentary on PE Hub ... | 