Bow River Capital raises $590m for third private equity fund

Bow River Capital, a Denver-based alternative asset manager, has closed its third private equity fund, Bow River Private Equity Fund III LP (Fund III), at $590 million. The fund was oversubscribed, exceeding its target of $500 million. Fund III benefitted from strong support from both existing and new investors. Perkins Coie served as legal advisor […]

Apollo raises $13B for first flagship buyout fund since Leon Black exit

Fundraising being closely watched on Wall Street as a marker for chief Marc Rowan’s tenure Apollo Global has raised $13bn for its first flagship buyout fund since co-founder Leon Black left the private equity group last year over his long association with convicted sex offender Jeffrey Epstein. The group said that by July the fund […]

Apollo launches $15 Billion equity fund for High Net-Worth investors

Apollo Global Management Inc. is launching an equity fund that allows high net-worth individuals to invest alongside the firm as the alternative-asset manager expands beyond its traditional client base. The $15 billion Apollo Aligned Alternatives fund is designed to replace public equity investments by offering exposure to lower-volatility private ones, targeting returns similar to assets […]

L’ATTITUDE Ventures closes first $100m fund focused on Latino-founded early-stage companies

L’ATTITUDE Ventures has closed its first institutional fund, raising over $100 million through a strategic anchor investment by JPMorgan Chase and initial investments from Trujillo Group and Bank of America. Other key investors in this fund, which is aimed solely at investing in Latino-owned companies with high growth potential, include UC Investments and MassMutual, Barclays, […]

Balbec Capital raises over $1.5B for fifth global credit fund

Balbec Capital, a global alternative asset manager with over $11 billion in platform assets, has closed its fifth global flagship fund, InSolve Global Credit Fund V, with total commitments of over $1.5 billion as well as a $100 million expandable co-investment vehicle, making it Balbec’s largest fund to date. The Fund seeks to generate consistent, […]

Flashpoint Venture Capital holds $102m close of VC III Fund

Flashpoint Venture Capital has closed it VCIII fund with $102 million of capital commitments, including $20 million from its first institutional limited partner Széchenyi Funds. Flashpoint VC focuses on global Series A tech startups originating in Emerging Europe and Israel. While Széchenyi Funds’ focus is on financial institutions, large corporates, and more mature SMEs, it […]

HighPost Capital raises $535m for consumer-focused investments

Jeff Bezos’ brother’s private equity firm, HighPost Capital, a private investment firm focused on the global consumer sector, has closed its inaugural fund, HighPost Capital Fund I (Fund I) at $420 million. HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in […]

JC Flowers closes fifth private equity fund with more than $1.1 Billion in commitments

J.C. Flowers & Co. LLC, a leading private investment firm dedicated to investing globally in the financial services industry, announced today it has completed fundraising for its fifth private equity fund, J.C. Flowers V L.P., with more than $1.1 billion in commitments. Limited partners in JCF V represent a diverse group of corporate pension funds, sovereign wealth […]

ICG raises €8.1B for eighth vintage of flagship European Corporate fund

ICG, the global alternative asset manager, has completed fundraising for its eighth European Corporate fund (Europe VIII). The fund held a final close with a total fund size of €8.1 billion, materially in excess of the target of €7.0 billion and exceeding its hard cap, as well as representing a 90% increase in client capital […]

Portage targeting up to $1B for late-stage fintech investments

Portage looking to raise up to $1 billion for a new structured equity fund that will focus on financing late-stage startups in the financial technology sector. The global fintech investor’s new Portage Capital Solutions (PCS) Fund, which will be led by Co-Heads Daniel Ballen and Devon Kirk, will focus on structured opportunities in fintech and […]