Why bigger isn't always better
Hot on the heels of the firm's maiden exit, Apiary Capital has closed its sophomore private equity vehicle on £240m against the backdrop of a sluggish fundraising environment.
Our reporter Shivani Khandekar exclusively catches up with the GP's managing partner, Mark Salter, who stresses the importance of diversity and ESG in the fundraising process.
He also cites strong appetite and positive sentiment among LPs towards the lower midmarket as factors that helped the firm win LP commitments.
To find out more about the fund’s LP base, re-up rate and Salter's view on fundraising for managers in the current market, check out our top story below.
Xhulio Ismalaj
Reporter
xhulio.ismalaj@realdealsmedia.com