This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The oversubscribed fund attracted significant backing from both returning and new investors, highlighting strong demand for the middle-market private equity firms focused investment strategy. UBS Securities LLC acted as the placement agent, while Ropes & Gray LLP provided legal counsel for the fund. Can`t stop reading?
Sources familiar with the matter indicate that Brookfield has advanced past rival infrastructure funds and strategic buyers following the submission of final offers last week. Canadian pensionfund Caisse de Dpt et Placement du Qubec (CDPQ), oil major Shell Plc, infrastructure investor IFM Investors, and Koch Industries.
Alchemy Partners closed its latest fund, Alchemy Special Opportunities Fund V, securing 1bn in capital commitments and surpassing its initial fundraising target. The fund focuses on European mid-market corporate special situations and has already deployed approximately 20% of its capital across nine investments in four countries.
Blue Sage Capital closed its fourth private equity fund, Blue Sage Capital IV, at $618m, exceeding its $400m target and $550m hard cap. The Texas-based firm, known for investing in lower middle-market companies, raised more than twice the amount of its $300m predecessor fund. Can’t stop reading?
The Maine Public Employees Retirement System (MainePERS), based in Augusta, has approved two alternative investment commitments totalling up to $200m, according to a report by Pensions & Investments Online citing James Bennett, the Chief Investment Officer of the $20.2bn pensionfund. of its total assets.
AshGrove Capital (AshGrove), an independent pan-European speciality lender, has held the final close of AshGrove Speciality Lending Fund II at its hard cap of €650m, surpassing its original target of €500m. Fund II achieved a 107% re-up rate among existing limited partners as well as securing over €325m in new capital commitments.
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.
Growth equity firm Valspring Capital has closed its first fund, Valspring Capital Fund I, exceeding its $255m target, with plans to focus on investments in growth-stage companies in the healthcare sector. Monument Group served as the placement agent for the fund, and Ropes & Gray provided legal counsel.
Shamrock Capital (Shamrock), an LA-based investment firm specialising in the media, entertainment, and communications sectors, has held the final closing of Shamrock Capital Growth Fund VI (Growth VI) and Shamrock Capital Clover Fund I (Clover I), with a combined $1.6bn in capital commitments.
The report cites unnamed individuals familiar with the situation as revealing that the pensionfund, which oversees state pensions and other assets, aims to reduce its exposure to higher-yielding opportunistic credit strategies and shift focus towards more stable, mainstream direct lending. “The
Blue Sage Capital has held a final closing of its fourth fund, Blue Sage Capital IV LP (Fund IV), with $618 million of capital. The new fund closed above its original $400 million target and its original hard cap of $550 million. With the close of Fund IV, the firm has now raised over $1.2
Just a year ago, such an allocation likely wouldn't have appeared on such filings, but with the approval of spot Bitcoin exchange-traded funds (ETFs) in January, the doors have been effectively opened for institutions like Goldman Sachs to gain exposure to the cryptocurrency.
This article is intended for educational purposes only and is not legal advice. My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I Note that index funds are great wealth builders at any or all stages of life.
Windjammer Capital Investors (Windjammer), a private equity investment firm focused on control equity investments in middle-market businesses, has closed its sixth fund, Windjammer Capital Fund VI (Fund VI), at its hard cap with $1.3bn in capital commitments. Kirkland & Ellis provided legal counsel. trillion ($965.47
Renovus Capital Partners has held an oversubscribed and above-target closing of its fourth private equity fund, Renovus Capital Partners IV Core Buyout LP and parallel vehicles (Fund IV), with $875 million of capital. Earlier this year, Renovus closed its first multi-asset continuation fund with $325 million of capital.
IRA Capital, a private equity firm based in Southern California, has recently announced the launch of the IRA Healthcare Real Estate Fund. The closed-end fund, with a total capitalization of $500m, will focus on acquiring medical properties and senior housing assets across the United States. for its investors.
Kohlberg & Company (Kohlberg), a private equity firm specialising in middle market investing, has held the final closing of its 10th private equity fund, Kohlberg Investors X (Fund X), with $4.3bn in capital commitments. Kohlberg has also raised an additional $1.0bn in commitments for dedicated co-investment vehicles.
Lone View Capital, an LA-based private equity firm investing in the technology sector, has held final close of its inaugural fund, Lone View Capital Fund I with total committed capital of $850m, bringing the firm’s AUM to approximately $1.1bn. Kirkland & Ellis served as legal counsel for Fund I.
Chris Witkowsky of Buyouts reports Canadian giant PSP Investments shops $1 billion-plus portfolio: PSP investments is shopping a large portfolio of fund stakes that could total up to around $1.5 billion, according to sources and confirmed by the pension system in a statement to Buyouts. percent, according to information from PSP.
Qatalyst Partners is serving as financial advisor and Cooley is serving as legal counsel to Everbridge. Kirkland & Ellis is serving as legal counsel to Thoma Bravo. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. Read more Ares Raises $1.7 has raised A$2.6
Revelstoke Capital Partners, a Denver-based private equity firm with $5.8bn of assets under management, announced today that it has completed the successful fundraising for Revelstoke Capital Partners Fund III, and various affiliated investment vehicles totalling $1.7bn. RCP Fund III substantially surpassed its target of $1bn.
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.
Orion Infrastructure Capital (OIC), a US middle-market infrastructure manager, has held the final close of its inaugural infrastructure growth fund with over $370 million in commitments, surpassing its initial target of $350m. LPs include insurance companies, pensionfunds, foundations and family offices.
Rubicon Technology Partners (“Rubicon”), a leading private equity firm focused on enterprise software investments, announced the successful closing of its latest fund, Rubicon Technology Partners IV (“Fund IV” or “the Fund”), at approximately $1.7bn. Capital ("H.I.G.")
Verdane Capital XI has closed at its €1.1bn hard cap, almost doubling the size of its predecessor fund which closed at €610m. The oversubscribed Fund received strong support from new and existing investors, including a re-up rate of more than 100%. This fundraise allows Verdane to continue addressing the growth funding gap in Europe.
Clearhaven Partners (Clearhaven), a Boston-based software private equity firm focused on investments in the technology sector, has closed its sophomore fund, Clearhaven Fund II, with more than $580m of capital commitments, above target and at its hard cap. closed Fund II approximately two years after the closing of its debut fund.
The proposed reform, labelled the billionaires bill, which has reignited long-standing debates following Elon Musks high-profile legal battles, aims to recalibrate shareholder litigation standards potentially making it more difficult for investors to challenge corporate executives in court.
The Firm has concluded a successful fundraising for Ara Fund III (“Fund III” or the “Fund”), closing on $2.8bn of limited partner commitments, alongside dedicated limited partner co-investment vehicles. Ara has total assets under management of approximately $5.6bn. ” Mr. . ” Mr.
Warburg Pincus, the oldest private equity firm and a leading global growth investor, today announced, together with any parallel funds, the successful close of its latest global flagship fund, Warburg Pincus Global Growth 14, L.P. (“WPGG 14”). WPGG 14 was launched in 2021, targeting a fund size of $16bn.
James Hirai of Bloomberg reports Dutch pensionfunds send shockwaves through euro swap market: Dutch pensionfunds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 in a client note.
Texas-based private equity firm Trinity Hunt Partners has closed its latest fund, Trinity Hunt Partners VII, (Fund VII) at its hard cap of $700m in capital commitments, which was oversubscribed and had fundraising completed in under five months. Aviditi Advisors acted as private placement advisor and placement agent for Fund VII.
Rothschild and UniCredit acted as financial advisors and Latham & Watkins acted as legal advisor for the transaction. Billion for Australia Private Credit Fund Ares Management Corp. billion) for a credit fund for Australia and. Billion for Australia Private Credit Fund Ares Management Corp. Read more Ares Raises $1.7
Turnspire Capital Partners (Turnspire), a private investment firm focused on lower middle-market industrial and consumer businesses has held the final closing of Turnspire Value Fund II, at its hard cap of $275m in capital commitments. With Fund II, Turnspire will continue targeting businesses with revenues between $50m and $400m.
Middle-market investor Kohlberg & Company has completed the final closing of its 10th private equity fund, Kohlberg Investors X LP (Fund X), securing $4.3 Additionally, the firm raised $1 billion in commitments for co-investment vehicles dedicated to investing alongside Fund X. billion in commitments. Kisco, New York.
Epiris, a private equity firm that targets control positions in UK-headquartered businesses with an enterprise value of between £75m and £500m, has held the final close of Epiris Fund III with total capital commitments of £1.044bn. The fund, which was oversubscribed and closed at its hard cap, had an original fundraising target of £850m.
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.
New York-based private equity firm Harvest Partners (Harvest), has closed it latest buyout fund, Harvest Partners IX and its parallel funds (HP IX) with $5.34bn in capital commitments, ahead of its $5.25bn target. HP IX is 30% larger than the firm’s previous private equity fund, which raised $4.1bn in 2019 and has been fully deployed.
Fund,” the SEC wrote. Radio silence at the Caisse Since the opening of its office in New Delhi in 2016, the Fund has bet 9 billion on India. And to be honest, I wouldn't be surprised if similar bribing schemes are also occurring at other CDPQ subsidiaries in India and at those of other large Canadian pensionfunds.
Shore Capital Partners has closed its inaugural Healthcare Advantage Fund , second Business Services Partners Fund (“Business Services Fund II”), and first Shore Search Partners Fund (“Search Fund”). The three new funds exceeded their targets and represent over $1.9 billion in combined capital commitments.
NorthWall Capital (“NorthWall”), a leading credit investment firm delivering private capital solutions to counterparties in Western Europe, today announces the final close of its flagship NorthWall European Opportunities Fund II and associated vehicles (“NWEOF II” or “the Fund”), attracting more than €640m in investor commitments.
He was the long-time chair of the Toronto Port Authority and, earlier in his career, advised a committee of Canada’s Senate on issues that included the creation of major public-sector pensionfunds such as the Public Sector Pension Investment Board. Cravath, Swaine & Moore LLP acted as legal counsel for OMERS Private Equity.
UK pensionfunds are better prepared for a climb in gilt yields. After last years crisis many DB funds are now stress testing for an 8 per cent climb in gilt yields, says pensionfund trustee Tegs Harding.
In fact, thanks to increased scrutiny of investment funds in a post-Madoff world, this imbalance will probably get bigger and bigger. Trust me, if you lose all your money on your brother-in-law's Arizona tanning salon, it's not going to hurt any less than if you lose it in his seed fund. tanning salon/seed fund combo.
We are thrilled to be entering into this partnership, on behalf of our pensionfund client ABP and Asset Owner Partners, and we are eager to work closely with the euNetworks team as they continue to develop and further their strategic vision.” UBS and Baker McKenzie acted respectively as financial and legal advisors to APG.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content