Bain Capital raises $2B for latest Tech Fund with eyes on Europe
Bain Capital has raised more than $2 billion for its latest Tech Opportunities Fund and plans to use part of the investment to expand its dealmaking in Europe. The private equity firm has surpassed its $1.5 billion target for the fund and expects to close in the near future, a person familiar with the matter […]
Nordic Capital completes one of year’s largest European fundraises as Nordic Capital Fund XI closed at €9B hard cap
Nordic Capital has completed its largest ever fund raise, and one of the largest in Europe so far this year, with the closing of Nordic Capital Fund XI at its hard cap of €9 billion, exceeding its €8 billion target. The fund closed in nine months despite challenging conditions. With a c100% re-up rate and […]
BlackRock Global Infrastructure Fund IV raises $4.5B at first close
BlackRock Alternatives (BlackRock), through its Infrastructure business, has raised $4.5 billion in initial investor commitments for BlackRock Global Infrastructure Fund IV (Infra IV), achieving over half of its targeted size at first closing. The fund, which invests in essential infrastructure assets globally, secured initial commitments from a diverse group of institutional investors, including public and […]
Ares Management closes oversubscribed $7.1B second special opportunities fund
Ares Management Corporation (Ares), a global alternative investment manager, has held the final closing of its Ares Special Opportunities Fund II (ASOF II) at its hard cap of $7.1 billion of commitments, including General Partner commitments, way in excess of its $4.0 billion target. In January 2017, the Ares Private Equity Group developed its Special […]
Bregal Sagemount holds final close of Fund IV at $2.5B hard cap
Bregal Sagemount (Sagemount), a growth-focused private equity firm, has held the final closing of the Bregal Sagemount Fund IV (Fund IV) at its hard cap of $2.5 billion, 66% larger than its prior fund. Fund IV will continue the investment strategy Sagemount has pursued since inception in 2012, providing flexible, solution-oriented capital to durable growth […]
Sunstone Partners raises $925m for Fund III
Sunstone Partners, a growth-oriented private equity firm, has held the final institutional close of its oversubscribed $925 million third fund, Sunstone Partners III (Fund III), at its hard cap. Fund III, which more than doubles the total committed capital managed by Sunstone Partners, is the firm’s largest fund to date and brings total committed LP […]
Veritas Capital closes eighth flagship fund at $10.65B
Veritas Capital (Veritas), a technology and government investment firm, has held the final close of its latest flagship fund, Veritas Capital Fund VIII (Fund VIII) with $10.65 billion of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding its hard cap and initial target of $8.5 billion. Veritas Capital Fund VII closed on […]
Hy24 closes clean hydrogen infrastructure fund at €2 billion
Hy24, a joint-venture between FiveT Hydrogen, the clean hydrogen-enabling investment partner, and private investment house Ardianm has closed its first impact fund – the Clean H2 Infra Fund – with €2 billion of allocations, exceeding its initial target. Hy24 says the fund is the world’s first and largest infrastructure fund to invest exclusively in the […]
India’s Adani in talks with investors to raise $10B
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10bn to fund its expansion into clean energy, ports and cement businesses. Adani Group will invest more than $100bn over the next decade, most of it in the energy transition business, […]
Antin holds first close of Flagship Fund V with more than €5B in commitments
Antin Infrastructure Partners has held a first close for its fifth flagship fund, its largest to date, raising more than €5 billion to invest in infrastructure opportunities. Antin expects to hold a second closing before year-end. With a target of €10 billion and hard cap set at €12 billion, Flagship Fund V will continue to […]
