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In memory: Marc Unger, partner and CFO of Harvest Partners, died in December at the age of 56, leaving behind his wife and their two daughters, as well as a wide network of professionals, many of whom considered him a close friend. A dozen of them, speaking with Private Funds CFO, say he was at the beating heart of what is a uniquely collaborative and candid community within an often cutthroat industry. Read more here.

Four-year plan: At its Investor Day 2021 this week, Carlyle outlined an ambitious four-year initiative to grow its $246 billion business through fundraising across PE, credit and investment solutions strategies, Buyouts writes. Read the full report here for more on what the firm’s new global head of IR Nathan Urquhart had to say.

Big aspirations: Hellman & Friedman plans to commit over $1 billion to its latest fund, Allen Thorpe, a partner at the San Francisco-based firm, told a group of public pension trustees, writes the Wall Street Journal. Check it out here.

 

PE Deals

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They said it

“Prior to COVID-19, legal business was paper- and people-driven, but that has been forced to adapt. And what they realized about adapting is that they are actually more efficient in utilizing technology, and that’s here to stay."

Alex Crisses, managing director and co-head of emerging growth at General Atlantic, told PE Hub, speaking to the firm's investment in Evisort.

 

Today's letter was prepared by Sarah Pringle

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