DCP holds first close of second China-focused fund at $2.5B
Private equity firm DCP Capital, whose backers include Ping An Insurance and Mengniu Dairy, has held the first closing of its second China fund at $2.5 billion, according to a report by Deal Street Asia. CP Capital Partners II, which has a total target of $3 billion, DCP Capital Partners II and has secured capital […]
SpaceX raises $1.68B, under its targeted financing goal
Elon Musk’s SpaceX raised $1.68 billion in fresh financing, less than what it had offered investors for a stake in the closely held rocket launch and satellite company. Hawthorne, California-based Space Exploration Technologies Corp., as it’s formally known, sold the equity to a group of 74 investors having offered $1.72 billion of equity, the company […]
Apollo, Carlyle see buyout fundraising slow with markets on edge
After buyout firms enjoyed years of raising money at a rapid clip, Apollo Global Management Inc. and Carlyle Group Inc. are sending their strongest signal yet that era is fading. Apollo, among the most aggressive private equity firms in gathering cash, told investors earlier this year it planned to raise its $25 billion fund in […]
Felix Capital doubles AUM to $1.2bn ahead of fundraising environment becoming more cautious
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The UK venture capital firm has closed its fourth fund on $600m, doubling the size of its predecessor and beating its $500m target after just four months in the market. Felix typically invest early at first or second rounds, […]
JP Morgan closes Lynstone Special Situations Fund II with $2.4bn in total commitments
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund II (Lynstone Fund II), with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia. Lynstone Fund II is investing […]
Bain Raises $2 Billion in Biggest Asia Special Situation Pool
Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific. The second pool of cash is double the size of its first fund and the amount raised exceeded the $1.5 billion target, the Boston-based asset […]
Hines raises €900m at first closing for latest European value-add fund
Hines, the global real estate firm, has raised c €900 million of equity from institutional investors at the first closing of its new value-add fund, Hines European Value Fund 3 (HEVF 3). A group of 15 investors, predominantly existing investors in the successful series, joined this first closing in which their subscriptions amount to 60% […]
Macquarie Asset Management closes third Asia-Pacific regional infrastructure fund with over $4.2bn in commitments
Macquarie Asset Management has held the final close of its third Asia-Pacific regional infrastructure fund with over $2.0 billion in investor commitments, exceeding the fund’s $3.0 billion target. The successful fundraise brings total capital managed under the manager’s Asia-Pacific Infrastructure Fund series, dedicated to investing in Asia-Pacific infrastructure, to over $15 billion. The fund has […]
Binance’s Venture Capital arm raises $500 Million Crypto Fund
Binance Labs, the venture capital arm of the world’s biggest crypto exchange, launched a $500 million fund to invest in digital-asset projects, the latest capital injection into an industry that’s reeling from plunging prices and the collapse of the TerraUSD stablecoin. The announcement followed Andreessen Horowitz’s $4.5 billion raise for a crypto fund last week, […]
Robert Smith’s Vista Equity snags early $9bn for new fund
Vista Equity Partners is almost halfway to raising the $20 billion target it set for its flagship fund, according to people familiar with the situation. Led by billionaire Robert F. Smith, the eighth iteration of the private equity firm’s main fund has garnered more than $9 billion in investor commitments, said one of the people, […]
