Gilde Healthcare Private Equity IV launches €517m
Gilde Healthcare Private Equity IV (GHPE IV) has closed at €517m for investments in proifitable healthcare companies in the lower mid-market in North-west Europe. The new oversubscribed fund will focus its investements on firms with an active buy-and-build strategy and is designed to invest in all sub-segments of the healthcare sector. These include companies in […]
Rockets Capital holds first closing of maiden fund at USD200m
Rockets Capital has held the first closing achieved it of its maiden fund with over USD200 million in capital commitments. Led by the strategic anchor investor XPeng Inc, a smart electric vehicle (Smart EV) company in China, the fund raising also attracted a number of institutional investors, such as IDG Capital, eGarden, Sequoia China, 5Y […]
Frazier Life Sciences closes USD987m venture fund
Frazier Life Sciences has closed Frazier Life Sciences XI (FLS XI), exceeding its target of USD800 million and raising more than USD987 million in capital commitments in an oversubscribed fundraise. FLS XI is Frazier Life Sciences’ fourth venture fund focused on biopharmaceuticals and represents a continuation of the team’s investment strategy of advancing innovative therapeutics […]
Asana Partners Closes Third Value-Add Fund at $1.5 Billion
Asana Partners announced today the final close of Asana Partners Fund III (the “Fund”) with aggregate equity commitments of $1.5 billion. A diverse group of institutional investors from North America, Europe, and Asia Pacific made commitments to the Fund. It is Asana Partners’ fifth fund and the third in its flagship series of value-add funds focused on acquiring and repositioning […]
Rise in private equity allocations looks unstoppable, for now
Every investor class wants to boost their private equity allocation in the hunt for yield. But a crowded fundraising market in 2022 leaves the fastest returning managers with the upper hand, and others wondering how long the party can last. The pandemic has been kind to private equity. With returns at near record levels and […]
BEX Capital raises USD765m for fund-of-funds secondaries in just three months
BEX Capital, an investment firm focused exclusively on secondaries in private equity fund-of-funds (FoF), secondaries funds and co-investment funds, has closed BEX Fund IV at USD765 million, in excess of its USD600 million target. This was the first close of BEX Fund IV, with fundraising completed in only three months.The oversubscribed fund closed in excess […]
Border to Coast launches GBP1.4bn listed alternatives fund
Border to Coast Pensions Partnership (Border to Coast), one of the UK’s largest pension pools, has launched a GBP1.4 billion Listed Alternatives Fund, expanding the investment opportunities available to its Partner Funds. The fund provides exposure to a diversified portfolio of investments in sectors such as renewable energy, digital infrastructure, specialist healthcare, real estate, private […]
Serent Capital launches USD1.1bn fund to invest in founder-led software companies
Serent Capital, a growth-focused private equity firm that invests in founder-led B2B software companies, has closed its fifth and largest fund to date, Serent Capital Fund V, at USD1.1 billion. Serent Capital Fund V was oversubscribed and closed in less than 100 days. With the closing of Fund V, Serent is now managing nearly USD5 […]
SoftBank-backed Bear Robotics raises $81mln for waitering robot rollout
SoftBank Group Corp-backed food service robot startup Bear Robotics has raised $81 million in a Series B funding round with investors that include Cleveland Avenue, a venture capital firm founded by a former McDonalds chief executive. The California-based startup aims to expand beyond its home market and Japan and South Korea, where it has partnered […]
KKR Closes $17 Billion Global Infrastructure Fund
KKR today announced the final closing of KKR Global Infrastructure Investors IV (the “Fund”), a $17 billion fund focused on pursuing global infrastructure investment opportunities with an emphasis on investments in OECD countries in North America and Western Europe. The closing comes at a time of significant growth in demand for private infrastructure investment, particularly […]
