PE firms fundraising: Baird Capital and General Atlantic

Sociabble provides employee communication and engagement software.

The Abu Dhabi office will be led by Vignesh Vijayakumar, who will serve as licensed director and senior executive officer of VEPM Middle East Limited.

The alternative asset industry's long-standing bargain — higher yields in exchange for opacity and illiquidity — is being dismantled piece by piece, and the firms moving fastest to replace it may define the next decade of the private market.