It was another year of rapid change in the PE hiring market, as the percent of female hiring dropped, on-cycle recruiting fell out of fashion, and firms brought aboard experts in artificial intelligence. Below we take a closer look at seven of the biggest hiring trends spreading across the market.
Tag: Grafine Partners
GP seeding firm Grafine Partners releases sophomore fund
Grafine Partners, which seeds emerging managers, has begun raising its second private equity fund of funds.
The New York City-based firm did not disclose a target for Grafine Capital II LP in SEC filings, but it raised more than $600 million for its inaugural fund, surpassing its original $500 million target. Firms backed through the debut fund include Ascendant Capital Partners, a Los Angeles-based real estate investment firm; Stanley Capital Partners, a London-based mid-market PE firm; and The Newcastle Network, a Wellesley, Massachusetts-based investment firm that provides growth capital to consumer companies.