Weekly Recap | 11.24.24

Please see below for this week's headlines:

• With the rise in fundraising across GP Stakes, Q3 has seen an increase in senior hiring across GP Stakes firms

• Pinnacle Investment Management Group acquired minority stakes in VSS Capital Partners and Pacific Asset Management

• CapitaLand Investment, a real estate asset manager based out of Singapore, is acquiring a 40% stake in SC Capital Partners for $214 million in an effort to increase its investment management opportunities

• In this Real Deals Media article, Karma Samdup and Vicki Odette, Partners at Haynes and Boone, LLP, discuss the ever-evolving GP stakes landscape

• Here's a recording of the panel at AIM Summit in Dubai called "The Evolution of GP Stakes as an Asset Class: Is it a Fad or Here to Stay"

• Accolade Partners has successfully closed its Accolade Blockchain III fund-of-funds with $202 million in capital focusing on a variety of strategies including GP Stakes

• Blue Owl Capital's GP Strategic Capital team is hiring an Accounting Associate

• Ken Griffin is open to selling a minority stake in Citadel

• Houlihan Lokey is hiring a senior analyst for its GP Advisory group in NYC

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