Adams Street Closes Second Private Credit Program With More Than $3bn of Capital
Adams Street Partners, a private markets investment management firm with more than $51bn of assets under management, announced today it has successfully completed fundraising for its second Private Credit program (PC II), closing the oversubscribed program with more than $2.1bn of committed capital and over $3bn, including leverage. Adams Street’s PC II saw high demand […]
Carlyle spun-out Melior Equity Partners raises one of the largest PE funds in Ireland of €160m
Irish private equity firm Melior Equity Partners has closed Fund II on €160m, making it one of the largest PE equity funds in the state. The firm said investors to the new fund include PE giant Carlyle, the European Investment Fund, Ireland Strategic Investment Fund, Bank of Ireland and AIB. Melior aims to fill the […]
One Equity Partners Closes $2.75 Billion Private Equity Fund
One Equity Partners, a middle market private equity firm, today announced the closing of One Equity Partners VIII, L.P., with committed capital of $2.75 billion. Thanks to strong demand from investors, the fund was significantly oversubscribed, and the hard cap was increased. The closing of OEP VIII brings the firm’s combined assets under management and […]
MetLife Investment Management closes $1.6 billion MIM Private Equity Partners Fund
Fund closing marks the launch of a broader private equity investment platform for institutional investors MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., announced the launch of a private equity fund investment platform for institutional clients in concert with the closing of approximately $1.6 billion in commitments to a new MIM-managed […]
Epic Games valued at about $32bn in funding from LEGO-owner Kirkbi and Sony
Epic Games said on Monday it had raised $2bn from Sony Group Corp and the family owned holding company behind the Lego Group, valuing the “Fortnite” creator at $31.5bn. Microsoft in January agreed to buy “Call of Duty” maker Activision Blizzard for $68.7bn, marking the biggest acquisition in the gaming sector and boosting the industry’s bet on […]
CapitalSpring Raises $950 Million for its Sixth Flagship Investment Fund
CapitalSpring, a leading multi-strategy investment firm focused on the restaurant and foodservice industries and other multi-unit business models, today announced the final closing of CapitalSpring Investment Partners VI, L.P. and parallel funds (“Fund VI” or the “Fund”) with $950 million of capital commitments. Fund VI was substantially oversubscribed and exceeded its target of $750 million. […]
KKR-Backed Voyager Nears Funding at $1.5 Billion Value
Voyager Innovations Inc. is close to raising about $200 million from investors in a deal that would help the Philippine fintech firm expand its services, according to people familiar with the matter. The digital arm of PLDT Inc., the Southeast Asian nation’s biggest telecommunications company by market value, could reach a valuation of $1 billion […]
Singapore’s Coda Is Said to Near Funding at $2.5 Billion Value
Singaporean firm Coda Payments Pte is nearing a deal to raise private funds at about a $2.5 billion valuation, according to people familiar with the matter. The online payment processing company is poised to announce a fresh fundraising deal to fuel growth plans as early as this week, the people said, asking not to be […]
Havencrest Capital Management Closes $356m Fund II at Hard Cap
Havencrest Capital Management, a Dallas-based healthcare private equity firm, is pleased to announce the final closing of its second private equity fund, Havencrest Healthcare Partners II. Fund II, which was oversubscribed, closed at its hard cap of $356m, exceeding the $300m target. Consistent with the strategy that Havencrest executed in its prior fund, Fund II […]
Turn/River Capital marks huge fund size increase with $1.35bn Fund V hard cap close
Tech-focused buyout firm Turn/River Capital has soared to a $1.35bn hard cap close for its fifth flagship fund, more than triple the size of its predecessor vehicle. The firm said Turn/River Capital V would continue its strategy of investing in software and SaaS companies, which has seen it make 25 investments since it was founded […]
