Bain Capital seeks $5 Billion in Asia Fund, smaller than rivals

Bain Capital LP has begun raising a $5 billion fund for Asia-Pacific, smaller than the amount sought by global buyout peers in the recent past, people familiar with the matter said. The Boston-based buyout firm started marketing its fifth Asia fund in July, targeting a first close in December and final completion in the first […]
Silversmith Capital Partners raises $1.25B for fourth growth equity fund

Silversmith Capital Partners (Silversmith) has held the first and final close of its fourth fund, Silversmith Capital Partners IV (Fund IV), which was significantly oversubscribed, at its hard cap of $1.25 billion. In addition to the $1.25 billion from limited partners, the Silversmith team will contribute $90 million to Fund IV. Fund IV is the […]
Tikehau Capital raises €3.3B for fifth gen of direct lending strategy

Tikehau Capital has raised a record €3.3 billion for the fifth generation of its direct lending strategy, up 57% compared to the previous vintage. Within this strategy, Tikehau Capital’s flagship fund received €2.1bn in capital commitments, a significant upsizing from the previous generation. The capital raise received strong support from high-quality institutional investors globally including […]
Africa’s top renewable firm may raise $4 Billion after takeover

Africa Finance Corp. and Egypt’s Infinity Group plan to raise as much as $4 billion to double the size of a recently acquired business that’s already Africa’s biggest renewable power company. The two firms agreed to buy Lekela Power last week and are seeking between $2.5 billion and $4 billion from capital markets over the […]
ESR makes first close of inaugural Data Centre Fund at $1B

ESR Group Limited (ESR), a real asset manager focused on the APAC region, has closed Data Centre Fund 1 (ESR DC Fund 1), its inaugural investment vehicle dedicated to the development of its growing data centre business, with over $1 billion in equity commitments ESR will raise a separate discretionary capital sleeve to co-invest into […]
Aztec Group supports Advent International with $25bn fundraise

Fund and corporate services provider, the Aztec Group, has supported longstanding client, Advent International (Advent), with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X (GPE X). Raising $25 billion in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings […]
Ambienta closes €1.55B private equity fund focused on environmental champions

Ambienta SGR (Ambienta), one of Europe’s largest asset managers entirely focused on environmental sustainability, has held the first and final close of its fourth Private Equity fund after less than six months of active marketing, hitting its €1.55 billion hard cap. The fundraising attracted significantly more interest from investors than Ambienta could accommodate from the […]
Ares gearing up to launch €11B European direct lending fund

Ares Management Corp is targeting more than €11 billion for a new new European direct-lending fund, making it the continent’s largest direct lending fund to date, according to a report by Bloomberg. Unnamed sources are cited as revealing that fundraising for the new Ares Capital Europe VI fund is slated to begin in the first […]
Fundamental Advisors closes fourth flagship fund above target at $1.43B

Fundamental Advisors (Fundamental), an alternative asset manager dedicated to municipal and public purpose investing, has held the final close of its fourth flagship private equity fund, Fundamental Partners IV LP (Fund IV), with $1.43 billion in capital commitments. Fund IV’s total commitments significantly exceeded its original target of $1 billion. The fund received support from […]
Eurazeo raises over €1B for Eurazeo PME IV Fund

Eurazeo has exceeded its fundraising target for the Eurazeo PME IV Fund by attracting more than €1 billion, 50% more than its previous fund. Since 2006, the small-mid buyout strategy’s assets under management have grown from €50 million to more than €1 billion. In 2011, these investments were financed solely by Eurazeo’s balance sheet, but […]