Weekly Recap | 1.19.25

Please see below for this week's headlines:

• KOREA NATIONAL PENSION SERVICE has announced a strategic partnership with Almanac Realty Investors

• Christian von Schimmelmann, the former global co-head of Goldman Sachs GP Stakes arm, and Brian Vickery, former partner at McKinsey & Company, are starting a new venture named PACT Capital Partners backed by Reinsurance Group of America, Incorporated and Sackville Capital

• Kudu Investment Management, LLC., a provider of permanent capital solutions to asset and wealth managers globally, made a minority investment in Homestead Capital LLC, an asset manager focused on strategic investments in U.S. farmland

• ARMEN hired Hugh Langmuir as chair of Armen Partners UK

• AustralianSuper will acquire a GP stake in M7 Real Estate Ltd, a subsidy of Oxford Properties Group

• Corbin Capital Partners, L.P. bought back a minority stake held by Avenue Capital Group founders Marc Lasry and Sonia Gardner

• GCM Grosvenor's Sponsor Solutions Group and Elevate strategy are hiring a Principal in Strategic Support Services

• In this interview, Nile Capital Group LLC's Managing Partner Melvin Lindsey, CFA, takes a deep dive into the GP Stakes industry

• TPG NEXT, TPG Capital's strategy focused on seeding and scaling investment firms, announced a minority stake investment in Cohere Capital

• Petershill Partners announced it sold a majority of its stake in VC firm General Catalyst for $726 million

• Blue Owl Capital released its 2025 Market Outlook, with a section focused on GP Strategic Capital

• Edgworth Partners is representing a NY and London investment firm that is hiring an Investment Analyst for its GP Stakes / Emerging Manager Investments group

• AnchorPoint released an article discussing the ins and outs of GP Stakes

As always, feel free to send me news to share with the GP Stakes community (and definitely let me know if I missed anything).