Private Equity Insights

JANUARY 23, 2024

Wynnchurch Capital, a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments. Source: Private Equity Wire Can’t stop reading?

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Pension Funds 130

Private Equity Insights

JULY 12, 2024

Astorg has closed the Normec Continuation Fund, capitalised with €1.4bn by lead investors CVC Secondary Partners, Pantheon, Lexington Partners and Eurazeo, alongside sovereign wealth funds, pension funds, asset managers and family offices.

Pension Funds 130

Pension Funds Funds Buyout Asset Management 130

Private Equity Wire

JUNE 26, 2023

The report cites unnamed sources familiar with the matter as saying that Paris-based Ardian, which has around $150 billion under management, is ultimately targeting $25 billion for the new fund. Like this article? Sign up to our free newsletter Author Profile Related Topics Deals Intelligence

Buyout 81

Buyout Stakes Funds Pension Funds 81

AltAssets

AUGUST 7, 2024

The post NY pension giant commits more than $800m to buyout funds first appeared on AltAssets Private Equity News. The $145.5bn-managing New York State Teachers’ Retirement System has agreed to invest more than $800m across a string of private equity fundraises.

Buyout 90

Buyout Funds Pension Funds Investing 90

Private Equity Insights

JUNE 27, 2023

Ardian raises over $20bn for secondaries fund the Paris-based PE firm has set a target for the fund of $25bn French group Ardian has amassed more than $20bn to buy stakes in private equity funds from investors, highlighting a corner of finance that is defying the broader slump in fundraising.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Funds 130

AltAssets

JANUARY 11, 2024

The $187bn-managing Teacher Retirement System of Texas has picked a pair of Insight Partners funds among its latest raft of alternatives commitments. The post Insight Partners, Pollen Street funds pick up Texas Teachers pension fund backing first appeared on AltAssets Private Equity News.

Pension Funds 82

Pension Funds Funds Buyout Capital 82

Private Equity Insights

FEBRUARY 9, 2024

Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. read more Dutch Pension Fund Divests $3B from Fossil Fuel Firms Dutch pension fund PFZW has completed a $3.02 Billion for Australia Private Credit Fund Ares Management Corp. has raised A$2.6

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

Private Equity Insights

JULY 5, 2024

Private equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for $2.17bn.The deal is expected to be signed soon, said the person, who declined to be identified as the information was private. MBK, Blackstone and Alinamin declined to comment.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Buyout 130

Private Equity Insights

JULY 5, 2024

maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75 KKR will own Varsity Brands through its Americas private equity fund, the sources said, requesting anonymity because the deal has not yet been announced. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Capital 130

Private Equity Insights

JULY 5, 2024

Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. The private equity firm is investing through EQT Future, an impact-driven fund with a longer holding period. Buyout firms have been increasingly teaming up with the ultra-wealthy on their deals.

Stakes 130

Stakes Mergers and Acquisitions Private Equity Firms Private Equity Firms 130

AltAssets

DECEMBER 10, 2024

The $110bn-managing Massachusetts Pension Reserves Investment Management Board has picked a trio of private equity fundraises among its latest commitments. The post MassPRIM picks out GTCR smaller buyout fund, Nordic Capital mid-market vehicle in latest commitments appeared first on AltAssets Private Equity News.

Buyout 89

Buyout Capital Funds Pension Funds 89

Private Equity Wire

JANUARY 22, 2024

Wynnchurch Capital (Wynnchurch), a middle market private equity firm focused on recapitalisations, growth capital, management buyouts, corporate carve-outs, and restructurings, has closed its sixth private equity fund, Wynnchurch Capital Partners VI, with $3.5bn of capital commitments.

Capital 94

Capital Private Equity Firms Private Equity Firms Pension Funds 94

Private Equity Wire

DECEMBER 24, 2024

Nordic Capital has successfully closed its latest fund, Evolution II, at its 2bn hard cap, exceeding its initial target of 1.4bn. The fund focuses on control buyouts and non-cyclical growth opportunities across key sectors, including healthcare, technology & payments, financial services, and services & industrial technology.

Capital 93

Capital Pension Funds Funds Financial Institutions 93

Private Equity Insights

DECEMBER 5, 2023

banker Richard Ong, is seeking to raise as much as $2bn for a new fund that focuses on private credit in Asia. The Singapore-based firm has received initial interest from North American pension funds totaling $500m ahead of the fund launch in January, according to a fund document seen by Bloomberg News.

Capital 130

Capital Private Equity Firms Private Equity Firms Initial Public Offering 130

AltAssets

AUGUST 31, 2023

New Mexico State Investment Council, a $44bn-managing pension fund investor, has picked private credit and a string of venture capital vehicles in its latest suite of fund commitments. The post New Mexico’s $44bn pension fund unveils latest VC, credit fund commitments first appeared on AltAssets Private Equity News.

Pension Funds 69

Pension Funds Funds Venture Capital Capital 69

Private Equity Wire

MARCH 20, 2024

Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pension funds, asset managers, consultants and family offices.

Pension Funds 97

Pension Funds Funds Buyout Consulting 97

Private Equity Wire

JANUARY 22, 2024

Alto Partners, an Italian mid-market private equity firm, has closed its latest fund, Alto Capital V, at €273m, notching a 30% increase over its predecessor, Alto Capital IV, which closed at €210m. It utilises both buyout and selected expansion investments, with the equity ticket ranging from €20m to €40m.

Private Equity Firms 91

Private Equity Firms Private Equity Firms Pension Funds Buyout 91

Private Equity Professional

AUGUST 21, 2024

HarbourVest has held an oversubscribed, hard cap, and final closing of its eleventh private equity secondaries fund, Dover Street XI LP , with $15.1 In addition, the firm held a final close for its Secondary Overflow Fund V LP with an additional $3.4 billion of capital. billion of capital for secondary co-investment opportunities.

Buyout 100

Buyout Funds Pension Funds Venture Capital 100

Private Equity Wire

OCTOBER 21, 2024

BlackFin Capital Partners, a leading European financial services sector investment specialist, has held the final close of BlackFin Financial Services Fund IV with €1.8bn, taking the firm’s total assets under management to $4bn. Since raising Fund III, BlackFin has invested substantially into its platform.

Financial Services 87

Financial Services Assets Buyout Capital 87

Private Equity Insights

JULY 18, 2023

Global buyout firm Apollo Global Management is building out a new team to target family offices as its looks to widen its fundraising efforts to include ultra-wealthy investors as well as institutions, according to a report by Bloomberg. read more The post Apollo To Target Top Family Offices appeared first on Private Equity Insights.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

AltAssets

JUNE 19, 2024

Financial advisory and asset management major Lazard has brought in former Citigroup managing director Ali Syed to boost its coverage of sovereign wealth funds and pensions. The post Lazard brings in Citigroup’s Syed to lead sovereign wealth, pension fund private capital advisory first appeared on AltAssets Private Equity News.

Pension Funds 67

Pension Funds Capital Funds Asset Management 67

AltAssets

AUGUST 22, 2023

The $11bn-managing Illinois Teachers Retirement System has reportedly picked out TA Associates' latest flagship fund as the largest in its latest tranche of alternatives commitments. The post Here are the latest private equity funds being backed by Illinois’ $11bn teacher pension fund first appeared on AltAssets Private Equity News.

Pension Funds 67

Pension Funds Funds Buyout Investing 67

Private Equity Insights

DECEMBER 13, 2023

Vistara Growth (“Vistara”) today announced an initial closing at over $150m for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of $400m. With its Fund V target raise, Vistara expects to be strategically positioned to invest in 18-24 companies across North America at $10-$30m per investment.

Funds 130

Funds Bidding Private Equity Firms Private Equity Firms 130

Private Equity Insights

SEPTEMBER 27, 2023

South Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), is set to invest $150m in Apollo Global Management, the world’s second-largest private equity firm. As global funds seek alternative markets for investments and fundraising due to restrictions in China, Korea is emerging as a focal point.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Buyout Pension Funds 130

AltAssets

APRIL 25, 2024

Pension fund managment major the New Jersey Division of Investment as picked out CVC Capital and Bain Capital vehicles among its latest suite of fund commitments. The post CVC, Bain Capital funds get New Jersey pension backing amid $875m of new commitments first appeared on AltAssets Private Equity News.

Pension Funds 103

Pension Funds Capital Funds Debt 103

Private Equity Wire

DECEMBER 24, 2024

The difficulties in exiting investments have made some institutional investors, including pension funds, more cautious about allocating capital to the region. As a result, buyout groups have sought alternative exit routes, such as selling stakes to domestic or multinational firms or other private equity groups.

Exit Strategy 87

Exit Strategy Private Equity Firms Private Equity Firms Pension Funds 87

Private Equity Wire

AUGUST 22, 2023

Danish pension fund PenSam awards €300m QIC PE mandate Submitted 22/08/2023 - 11:22am PenSam, Denmark's largest pension fund, which has around €24bn in assets has awarded a €300m (DKK2.2bn) mandate to the Queensland Investment Corporation (QIC) to invest in European private equity investments.

Pension Funds 52

Pension Funds Buyout Funds Assets 52

Private Equity Insights

APRIL 5, 2024

The buyout of Nuvei, which has a market capitalization of nearly $4.42 Existing shareholders – Fayer, private equity firm Novacap and Canadian pension fund CDPQ – are expected to indirectly own or control about 24%, 18% and 12%, respectively, of the equity in the private company after the deal closes.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Pension Funds Buyout 130

AltAssets

SEPTEMBER 18, 2023

The $40bn-managing South Carolina Retirement System Investment Commission is the latest LP to back KPS Capital Partners' $8bn-targeting Special Situations Fund VI. The post Another big pension fund commits to KPS Capital Partners’ $8bn-targeting Fund VI first appeared on AltAssets Private Equity News.

Pension Funds 64

Pension Funds Capital Funds Investing 64

FinSMEs

NOVEMBER 21, 2024

Frazier Healthcare Partners, a Seattle, WA-based dedicated healthcare private equity firm, announced the close of its latest flagship fund, Frazier Healthcare Growth Buyout Fund XI, L.P. The fund will focus on acquiring controlling interests in middle-market healthcare companies.

Buyout 52

Buyout Private Equity Firms Private Equity Firms Pension Funds 52

Private Equity Insights

MARCH 17, 2023

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? In 2022, Ares’ direct lending tied to such buyouts totaled $26.4

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

AltAssets

NOVEMBER 21, 2024

Frazier Healthcare Partners closed its $2.3bn Frazier Healthcare Growth Buyout Fund XI, exceeding its target in just six months The fund, known as FHGB XI, is focused on controlling interests in middle-market healthcare companies and secured strong backing from global limited partners, including public pension funds, financial institutions, sovereign (..)

Buyout 52

Buyout Pension Funds Financial Institutions Funds 52

Private Equity Wire

OCTOBER 10, 2024

Private equity firm Renovus Capital Partners (Renovus) has held the final close of its fourth private equity fund Renovus Capital Partners IV Core Buyout, which was significantly oversubscribed with total capital commitments of $875m. Earlier this year, Renovus announced the closing of its first multi-asset continuation fund at $325m.

Private Equity Firms 82

Private Equity Firms Private Equity Firms Pension Funds Funds 82

Financial Times M&A

MARCH 12, 2023

Buyout with Canada’s largest pension fund is expected to be one of biggest this year

Pension Funds 98

Pension Funds Buyout Companies Funds 98

Private Equity Wire

OCTOBER 31, 2024

European growth investment firm Verdane has held the final close of Verdane Idun II, an Article 9 fund under the EU’s Sustainable Finance Directive, which will invest in businesses within the structural growth trend of decarbonisation, at its hard cap of €700m.

Pension Funds 78

Pension Funds Funds Buyout Legal 78

AltAssets

SEPTEMBER 27, 2024

The post LLR Partners picks up PennSERS backing for latest buyout fundraise appeared first on AltAssets Private Equity News. LLR Partners has picked up more institutional investor backing for its seventh flagship fundraise, which is currently out targeting up to $2.25bn.

Buyout 80

Buyout Pension Funds Investors Funds 80

Private Equity Wire

SEPTEMBER 2, 2024

These new commitments follow previous private markets investments made by the pension fund in 2021, which included $100m to Thomas H Lee Equity Fund XI and $75m each to ICG Europe Fund VIII and Summit Partners Growth Equity Fund XI.

Pension Funds 83

Pension Funds Buyout Debt Assets 83