LGT Capital Partners holds final close of Crown Global Secondaries V at USD4.5bn hard cap
LGT Capital Partners has held final close of Crown Global Secondaries V (CGS V), its fifth private equity investment programme investing globally in secondaries, at the hard cap of USD4.5 billion. The programmes’s investor base consists of more than 100 institutions, including pension funds, endowments, insurers, sovereign wealth funds, family offices and financial institutions in […]
Trinity Investments Closes $520 Million Fund to Invest in Value-Add Hospitality Assets
Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), a leading private real estate investment firm, announced today the final close of Trinity GP Fund I L.P. (the “Fund”), the firm’s inaugural U.S. discretionary commingled real estate fund. The Fund was oversubscribed and raised a total of $520 million, significantly exceeding […]
Frazier Healthcare Partners closes 10th fund on USD1.4bn
Frazier Healthcare Partners has closed Frazier Healthcare Growth Buyout Fund X, its 10th healthcare private equity fund focused on the middle market, a vehicle which was oversubscribed and hit its USD1.4 billion hardcap. The capital came in from new as well as existing limited partners, including public pension funds, financial institutions, foundations and endowments, family offices, […]
Rockbridge Growth Equity closes RB Equity Fund II
Rockbridge Growth Equity Management (Rockbridge Growth Equity) has held a final closing on RB Equity Fund II, and RB Equity Fund II-A (collectively Fund II), a new USD345 million private equity fund. Fund II will focus on digital media & e-commerce, tech-enabled products & services, financial services and consumer services, sectors in which Rockbridge Growth […]
Kartesia hits EUR1.5bn hard-cap for fifth flagship credit fund
European private credit firm Kartesia has held a final close at the hardcap of EUR1.5 billion for the fifth vintage of its flagship Credit Opportunities fund, following the close of its predecessor in 2017 at EUR870 million. KCO V’s recent transactions include supporting Flywheel Partners’ acquisition of ES Global in the UK, the provision of […]
Insight Partners backs cross-border payment leader Thunes with US$60 million growth round
Thunes, the Singapore-based fintech company that connects payment players in more than 100 countries and shown a 100% increase in growth over the past year, continues to attract leading global technology venture capitalists as it seeks to expand its far-reaching network and grow its dynamic team. In just four years, Thunes, which is regulated by the […]
Brookfield aims to raise $100B for new flagship funds
Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The Toronto-based alternative asset manager sold $13 billion of assets during the quarter, resulting in $6.4 billion in profit for Brookfield and its clients, the company said Thursday. Brookfield’s share […]
US private equity player closes $1.2 billion energy transition fund
US private equity firm EnCap Investments has successfully closed its first energy transition fund, with commitments of about $1.2 billion. EnCap, which has traditionally specialised in oil and gas, created the fund to invest in companies aimed at advancing the energy transition in the US, with a focus on creating wind, solar and energy storage […]
Audax accumulates $1.9 billion with latest mezzanine debt fund
Audax Group closed its latest mezzanine debt fund, Audax Mezzanine Fund V, at $1.85 billion. The closing well exceeded its original fundraising target of $1.5 billion, a news release said Thursday. The previous fund, Audax Mezzanine Fund IV, closed at its hard cap of $1.2 billion in 2016, above its fundraising target of $1 billion. […]
ESG-focused Blisce Fund II holds first close
Blisce, a B Corp certified transatlantic growth VC fund that has previously backed ventures including Spotify, Pinterest and Headspace, has launched the new fund Blisce Fund II, with a final target of USD350 million. Blisce Fund II, which held its first close today at USD150 million, will make investments ranging from USD10 million to USD35 […]
