Nigel Dawn’s three tips for running a successful GP-led process: The global head of Evercore's private capital advisory group identifies ways to ensure sponsor-initiated transactions work for all parties involved. (Secondaries Investor) Meta’s first human rights report is a step in the right direction but fails to fully address key issues in the area, asset managers told Responsible Investor. More than two years after the start of the covid-19 pandemic, in-person events have not yet recovered and lenders and borrowers are working to figure out the new metrics around event spaces – and if distress is on the horizon. (Real Estate Capital USA) "Blackstone Inc. is in the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising." (Wall Street Journal) Meanwhile in "second-quarter results published on Thursday, Blackstone disclosed continued growth in assets under management as investors pile into private investment strategies, but it marked down the value of some of its flagship private equity, credit and real estate funds." (Financial Times) "BeyondNetZero, the climate-change-focused venture launched last year by growth investor General Atlantic, has raised just over half of the $4 billion it was hoping to secure for its debut fund, according to a filing with the Securities and Exchange Commission." (Wall Street Journal) "Princeton, Harvard and Yale generated robust returns for their endowments in recent years, fueled in part by billions of dollars of investments in private equity and venture capital. That golden era appears to be over, at least for now." (Bloomberg) "Private equity is going shopping, and biotech venture funds are on the list. Three deals in the past few months suggest this to be true: EQT’s acquisition of LSP, Carlyle’s Abingworth buyout and, most recently, Sofinnova’s sale of a minority stake to Apollo." (Evaluate Pharma) "CenterGate Partners is approaching its $375 million fundraising goal for its second fund, defying an industrywide slowdown in raising capital for private-equity vehicles." (WSJ Pro) "Investment firm Sixth Street Partners led a $600 million growth investment in digital analytics company Contentsquare, which included $200 million in debt." (WSJ Pro) | 