Atlas Venture closes USD450m Fund XIII
Atlas Venture, an early stage venture capital firm investing in biotech innovation, has closed its thirteenth fund, raising USD450 million in an oversubscribed fundraise. With Fund XIII, Atlas Venture will continue working alongside talented entrepreneurs to create and invest in a new set of biotech companies aimed at delivering impactful medicines to patients. Atlas Venture […]
Cornell Capital wraps up sophomore fund at $1.7bn
Cornell Capital, a private equity firm based in New York and Hong Kong, today announced that it has closed its second fund, Cornell Capital Partners II LP, with $1.7bn in capital commitments, exceeding its target of $1.5bn. The fund received strong support from a diverse and global group of existing and new Limited Partners. Cornell […]
PA Capital closes on USD673m across two private equity funds
PA Capital has held final closes for two of its private equity funds earlier, with its ninth flagship fund, PA Small Company Private Equity Fund IX (Fund IX) closing at USD473 million, above its USD350 million target, and the PA Small Company Co-investment Fund II (Co-invest II) at its USD200 million hard cap. Consistent with […]
Sports platform Fanatics valued at $27bn in new funding round
Fanatics has raised $1.5bn in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on Wednesday. Some of the investors in the latest round include BlackRock , Fidelity and Michael Dell’s private investment firm MSD Capital, the sources said. The company was valued at $18 billion […]
Morgan Stanley Raises $2bn for Latest Private Equity Fund
Morgan Stanley has raised $2 billion for its latest private equity fund North Haven Capital Partners VII from investors including clients of its wealth-management arm and institutions. Morgan Stanley Capital Partners writes average equity checks of about $170 million, and targets U.S. opportunities including founder recapitalizations and platform builds in the industrial, business services, consumer, […]
Inflexion collects £2.5bn for sixth fund in ‘brutal’ fundraising year
Inflexion Private Equity has gathered its largest fund to date after less than a year on the fundraising circuit and in an environment where LPs are increasingly reaching their allocation limits. The London-headquartered mid-market firm held the final close on Inflexion Buyout Fund VI on its $3.4bn hard-cap, according to a statement seen by Private […]
Accel-KKR Raises $1.35bn for Fourth Growth Capital Fund
Accel-KKR, a leading technology-focused private equity firm, announced today the successful completion of Accel-KKR Growth Capital IV Partners L.P., a $1.35 billion growth capital fund. The new fund includes a $100 million commitment from the firm’s employees. Accel-KKR invests in technology companies through a series of different funds and strategies including Buyout, Emerging Buyout, Growth Capital and Credit. Accel-KKR […]
E-grocer Weee! raises $425m in funding round led by SoftBank
E-grocer Weee! has raised $425m in a late-stage funding round led by SoftBank Vision Fund 2, riding on investor interest in a sector that has been one of the biggest winners of the pandemic. Greyhound Capital and existing shareholders also took part in the round that took the start-up’s total capital raised so far to […]
BGH Capital restocks war chest with $3bn first close for Fund II
BGH Capital has cemented its mantle as Australia’s heavyweight private equity firm, raising $3bn for a new buyout fund from deep-pocketed institutions in Australia and offshore. Melbourne-based BGH Capital went to existing and new potential investors late last year, seeking to raise $3 billion for its new BGH Capital Fund II, which would be the […]
Behrman Capital closes USD500m continuation fund for Micross Components
Behrman Capital, a private equity investment firm based in New York, has closed Behrman Capital Micross CF LP, a new single asset continuation fund of approximately USD500 million in connection with the sale of its portfolio company Micross Components (Micross or the Company), by Behrman Capital VI LP (Fund VI) and other investors. Micross has […]
