Vista co-founder targeting $3B for second Haveli fund
Brian Sheth, the former president of Vista Equity Partners, is targeting a $3 billion fundraise for a new software-focused private equity fund, the second from his new firm Haveli Investments, according to a report by Bloomberg. The report cites unnamed sources as revealing that formal fundraising for the new vehicle, a follow-up to the Texas-based […]
Tiger Global plans scaled-down $6B fund to back enterprise companies and Indian start-ups
Tiger Global is targeting $6 billion for new fund that will look to invest in invest in startups, “largely in enterprise themes and in India”, according to a report by The Financial Times. The report cites a letter sent to limited partners as revealing that fundraising for the new fund – Private Investment Partners Fund […]
TPG anchors $450m series E funding round in energy storage systems developer Form Energy
TPG Rise, the global impact investing platform of private equity giant TPG, has anchored a $450 million series E financing round in energy storage systems developer Form Energy Inc. Also joining the Series E round are GIC and Canada Pension Plan Investment Board (CPP Investments), along with existing investors ArcelorMittal, Breakthrough Energy Ventures (BEV), Capricorn […]
Stafford Capital Partners launches new seeded open-ended direct lending and speciality finance fund
Stafford Capital Partners (Stafford), an international private markets investment and advisory group, has launched Stafford Private Credit Income Opportunities Fund (CIO), a new open-ended direct lending and speciality finance fund. CIO will invest in both lower middle market senior secured direct lending and speciality finance opportunities primarily in Europe and North America. The new fund […]
Private equity funds approach Italy’s Serie A to explore media rights deal
Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached Serie A expressing interest in investing in the media business of Italy’s top flight soccer league The approach by the four private equity firms comes after Serie A last year failed to reach a media rights deal worth €1.7bn with a group […]
Neuberger Berman to launch European private loans commingled fund
Neuberger Berman, a private, independent, employee-owned investment manager is expanding its private loan offering with the launch of the Neuberger Berman European Private Loans Fund II. The Dublin-domiciled fund will give institutional investors access to select non-sponsored, EUR denominated, high-quality, three to 10 year private loans diversified across EU jurisdiction and industry. These regional banks […]
CD&R raises $10B in initial closing of latest PE fund
Clayton, Dubilier & Rice has held the initial closing of its latest private equity fund with around $10 billion in capital commitments, according to a report by Private Equity News. The report cites unnamed sources as confirming that the funding was raised in around four months and puts the New York firm at the halfway […]
Clayton Dubilier & Rice banks $10B so far for newest buyout fund
Buyout store Clayton, Dubilier & Rice has collected round $10 billion in an preliminary closing of its newest private-equity fund, elevating the cash in round 4 months, in response to folks accustomed to the trouble, as buyers funnel extra of their private-equity commitments to skilled managers. The quantity raised up to now places the New […]
Investment giant KKR puts portion of Private Equity fund on avalanche blockchain
The firm hopes that a tokenized fund will increase accessibility to individual investors. U.S. investment firm KKR & Co. (KKR) has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. KKR, which had $471 billion in assets under management at the end of 2021, is working with digital-asset management platform Securitize Capital, […]
For the first time ever, KKR makes fund available to individual investors through blockchain
KKR has made a major move in allowing individuals access to its private equity funds by making one of its vehicles available to backers through a public blockchain. Digital assets securities business Securitize has launched a fund tokenising an interest in KKR’s Health Care Strategic Growth Fund II on the Avalanche public blockchain. The new […]