Brookfield to target US$25B for biggest infrastructure fund
Brookfield Asset Management is seeking to raise US$25 billion for its fifth flagship infrastructure fund, its largest on record Brookfield’s US$20 billion fourth infrastructure fund has committed about 75 per cent of its capital for investment, the company said in a statement earlier this month. Brookfield Infrastructure Partners, the firm’s publicly traded subsidiary, made several […]
Biotech firm Synthego raises $200mn in funding from Softbank, others
Biotechnology firm Synthego said on Thursday it had raised $200m in a late-stage funding round led by hedge fund Perceptive Advisors, with participation from SoftBank Vision Fund 2. Other investors in the Series E round included venture capital firms Moore Strategic Ventures, Declaration Partners, Laurion Capital Management, Logos Capital, GigaFund and Chimera Investments. In December, […]
Four PE funds in talks to raise over $1 billion for India buys
Global private equity funds Partners Group, CVC Capital, Blackstone and Barings are in talks to raise more than $1 billion in total in syndicated loans primarily to fund their targeted acquisitions in India, multiple people with knowledge of the matter told ET. The development sets the stage for a record mop-up for buyout financing in […]
Crescent Capital Group closes third US direct lending fund, raising USD6bn in investable capital
Private credit firm Crescent Capital Group said it raised a total of $6 billion to lend directly to smaller to midsized companies. The money raised includes $3.2 billion in equity commitments on a final close of its third direct lending fund, plus $1 billion in targeted leverage. It’s also receiving $1.8 billion from separately managed […]
CAZ Investments Announces Successful Closing of $485m Private Equity Ownership Fund in Partnership with Bonaccord Capital Partners
CAZ Investments a $3bn Houston-based investment manager and Bonaccord Capital Partners, a private equity firm focused on acquiring non-controlling equity interests in leading mid-sized alternative asset managers, announced the successful closing of the CAZ Private Equity Ownership Fund III with approximately $485m in capital commitments. The result of a long-term strategic partnership between CAZ and […]
HV Capital launches Germany’s first continuation fund of €430m
Berlin and Munich-based VC firm HV Capital has just launched a continuation fund of €430m, which it says is the first in Germany. HarbourVest is the anchor investor in the new continuation fund, called HV COCO Growth. Existing LPs Pathway Capital and the Holtzbrinck Publishing Group are reinvesting, while LGT Capital Partners and a number […]
PGIM Private Capital raises $2.4 billion for Direct Lending fund, PGIM Senior Loan Opportunities I, L.P.
PGIM Private Capital has completed fundraising for PGIM Senior Loan Opportunities I, L.P., with available capital commitments exceeding $2.4 billion. PSLO I marks PGIM Private Capital’s inaugural Direct Lending fund subscribed by unaffiliated investors, following over two decades of successful capital deployment in comparable direct lending strategies for affiliated investors. PGIM Private Capital is a leading source of […]
Apax Partners eyes $13bn Fund XI raise just a year after $11bn fund close
Private equity major Apax Partners is already eyeing up to $13bn for its latest flagship fundraise, just a year after closing its $11bn Fund X vehicle. The firm is set to pick up a $100m commitment from the Minnesota State Board of Investment according to the pension fund’s latest Investment Advisory Council meeting minutes, which […]
Logistics tech startup Veho valued at $1.5bn in Tiger Global-led fundraise
Veho, a startup that uses technology to facilitate next-day package delivery, raised $170mn in an early-stage funding round led by Tiger Global that valued it at $1.5bn. The fundraise announced on Tuesday also included SoftBank Vision Fund 2 and came six weeks after the company raised $125m at a valuation of $1bn. Last week, logistics […]
Bell Partners Closes $930m Core Venture
Bell Partners, one of the nation’s leading apartment investment and management companies, today announced it has completed the final close for its core multifamily venture including Bell Core Fund I (the “Venture”). Once fully invested, the Company anticipates the Venture’s total equity capitalization will be $930 million from a broad range of domestic and international […]
