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Lexington Partners Collects Nearly $23 Billion for Secondhand Private-Equity Stakes

The firm’s latest fundraising haul is its largest to date and exceeded a $15 billion goal ....

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Vista Equity Partners Agrees to $4 Billion Buyout of EngageSmart

The private-equity firm offers $23 a share for the customer engagement and payments software business ....

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Private-Equity Exits Sink to One of Lowest Points in Over a Decade

Depressed deal-making coupled with the ongoing possibility of a government shutdown are delaying an anticipated recovery ....

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U.K. Pensions, Fat and Funded, Increasingly Pull Away From Private Equity

Traditional pension plans have erased their longstanding funding gaps, plumping themselves on higher interest rates and staying out of high-risk investments. ....

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MassMutual Raises Support for Renewable-Energy Developer Low Carbon

The pledge of about $500 million in added commitments would help the company achieve its goal of installing 20 gigawatts of capacity by 2030. ....

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