Weekly Recap | 1.26.25

Please see below for this week's headlines:

• Houlihan Lokey's GP Advisory group is hiring an Associate and Analyst

• Blue Owl Capital is in the process of raising its sixth GP Stakes fund with expanded focus, including alternative asset managers in Latin America

• Torys LLP released an article discussing GP Stakes investing vs. Preferred Equity solutions

• AXA Investment Managers and Patria Investments will each acquire a 15% GP stake in Latour Capital

• Wafra's Capital Constellation platform announces a strategic investment in Niobrara Capital

• Marquette Chester and Michael A.B. Orr of GP stakes investment firm Xponance, Inc. joined Robert Morier on Dakota Live!

• GP stakes firm Scarcity Partners appointed former Ophir Asset Management CEO George Chirakis as a Partner

• GCM Grosvenor's Elevate fund has raised almost $800 million to back emerging and diverse managers

• Sidley Austin LLP is hosting Private Funds 2025, with one of the key topics being "M&A in the asset management industry with a focus on GP Stakes"

• Wafra is hiring a GP Stakes Associate / Senior Associate

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