Carlyle Flagship Fund Expected to Reach $17bn by Midyear
Carlyle Group Inc. expects to reach $17bn of its $22bn fundraising goal for its flagship private equity fund in coming months, according to people familiar with the matter. The firm closed on almost $12 billion of investor money for its eighth flagship fund last year, and executives anticipate collecting roughly $5 billion more by the […]
India’s HDFC Capital raises US$1.8 billion from ADIA, others for low-cost housing
India’s HDFC Capital, a private equity investment manager, said on Sunday (Jan 23) it has raised US$1.8 billion from investors, led by a unit of sovereign wealth fund Abu Dhabi Investment Authority (ADIA), for its third low-cost housing fund. This includes an upfront amount of US$1.2 billion with an additional US$600 million committed towards reinvestment […]
Accel-KKR on track to raise around $1.25 billion for growth fund
Technology investor Accel-KKR is raising more than $1 billion for a new growth capital fund and its final closing is expected next month, according to a person at the fundraiser. Menlo Park, Calif.-based firm Accel-KKR is on track to raise about $1.25 billion for Growth Capital Partners IV LP, according to people familiar with the […]
GLP closes fourth Japan fund at $3.57 billion
GLP Pte. Ltd., the Singapore-based global real estate logistics developer and investment manager, on Wednesday announced a final close for its GLP Japan Development Partners IV fund at ¥412 billion ($3.57 billion). In October, the C$541.5 billion ($425.4 billion) Canada Pension Plan Investment Board, Toronto, announced it had committed ¥110 billion to the fund. GLP […]
Sweden’s Summa raises $2.6 billion in latest ‘impact’ fund
Summa Equity said it has raised 2.3 billion euros ($2.6 billion) for Europe’s biggest-ever ‘impact’ fund, which is focused on helping meet the U.N.’s 17 Sustainable Development Goals. Summa Equity Fund III was raised in “record” time over four months among investors such as pension funds, insurance companies, foundations and endowments from across the world, […]
Carlyle Prepares to Raise Its Biggest-Ever European Buyout Fund
Carlyle Group Inc. is preparing to raise its biggest-ever European buyout fund, taking advantage of a rush of capital into private equity firms, people with knowledge of the matter said. The U.S. investment firm could aim to raise around 7.5 billion euros ($8.5 billion) for its Carlyle Europe Partners VI fund, one of the people […]
EQT targeting $23B for latest buyout fund
Swedish private equity firm EQT is looking to raise at least €20 billion (around $23 billion) for its tenth flagship buyout fund as it looks to expand its US footprint, the Wall Street Journal reported. Should it reach its target, EQT X will be 28% bigger than EQT IX which reached a €15.6 billion close in April […]
ILX launches new emerging markets SDG-focused private credit fund
ILX has launched a new emerging markets SDG-focused private credit fund with Dutch pension provider APG, on behalf of its pension fund clients ABP and bpfBOUW, investing USD750 million. This new fund will invests in private-sector loans arranged by the leading Multilateral Development Banks and other DFIs, such as the ADB, AfDB, EBRD, IDB-Invest, IFC […]
Melody raises $1.95bn for digital infrastructure fund
The New York alternative asset manager Melody Investment Advisors has raised $1.95 billion, above a $1.5 billion target, for a new fund Melody Communications Infrastructure Fund II. The alternative asset manager focused on mission-critical communications infrastructure said in a press release that the current Fund investments include CTI Towers, a leading owner and manager of […]
BC Partners Real Estate closes oversubscribed debut fund at EUR900m
BC Partners Real Estate (BCP RE), the real estate investment arm of BC Partners, has held the final close of its debut fund, BC Partners European Real Estate I (BCPERE I) with total commitments of cEUR900 million for its European value-add investment strategy, significantly exceeding the initial target range of EUR500-700 million. BCPERE I seeks […]
