Press mention from WSJ Pro – Private Equity

In Their Own Words With Jennifer Cho Rinehart, Chief Executive, Acalyx Advisors

Jan. 31, 2020

Although global fundraising volume dropped in 2019, the pace at which many firms launched new funds was busier than ever. Professionals from some half-dozen placement agents share their thoughts on the fundraising process past, present and future.

“Finding a new private-equity manager used to feel like discovering the best dish at the best-kept secret restaurant in a neighborhood. However, during the last two years, the market feels like an ‘all you can eat’ buffet with too much choice and perhaps a little short on quality.”

—Jennifer Cho Rinehart, Chief Executive, Acalyx Advisors Inc.

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Gemspring Capital Closes Its Second Fund With $750 Million