Tiger Global seeks $10bn for record tech venture fund
Tiger Global Management, which has started the year with a blizzard of technology investments, wants to create another huge pool of capital for start-ups by raising a $10bn fund from investors. So far in 2021, Tiger Global has taken part in 100 investment rounds in just over 120 days that have raised a total of […]
MiddleGround Capital Closes on $736 Million for Its Current Fund Offerings
MiddleGround Capital, a Kentucky-headquartered, middle market private equity firm that makes control investments in B2B industrial and specialty distribution companies, has closed on $736 million in commitments for a series of funds that includes its flagship fund MiddleGround Partners II, LP; MiddleGround Partners II-X, LP; and Mobility Opportunity Fund, LP. MiddleGround has exceeded its target […]
Bain Capital raises $11.8 bn for new flagship fund
US private equity firm Bain Capital LP said it has raised $11.8 billion from outside investors and employees for its latest flagship North America buyout fund. The fundraising comes amid a rebound in dealmaking activity among private equity firms as the rollout of COVID-19 vaccines has boosted global economic prospects and markets. Bain amassed $10 […]
BlackRock announces final close of EUR509 million in the BlackRock Private Equity Opportunities ELTIF
BlackRock Private Equity Partners (PEP) has successfully closed of the BlackRock Private Equity Opportunities ELTIF (PE ELTIF), an investment strategy offering access to global private equity direct co-investment opportunities with a focus on Europe. The Fund secured total commitments of EUR509 million (cGBP600 million), exceeding its initial target and becoming one of the largest European […]
Comvest Credit Partners closes Fund V
Middle-market private investment firm Comvest Partners’ direct lending platform, Comvest Credit Partners, has held the final close of its latest flagship fund, Comvest Credit Partners V (CCP V), with over USD1.3 billion of equity commitments. The fund has also secured credit facilities to increase its available capital. To date, CCP V together with parallel funds […]
Bain Capital raises $1 bln in first Japan-focused private equity fund
Global private equity firm Bain Capital has closed its maiden Japan-focused fund, which will target mid-sized companies, at 110 billion yen ($1 billion), a person with direct knowledge told Reuters on Friday. Bain, as manager of the fund, committed 10 billion yen to the total capital and will invest an additional 12.5 billion yen alongside […]
Revolut targets $10bn valuation in upcoming funding round
Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now Revolut has enlisted the help of US-based investment bank […]
Brightstar Capital Partners Closes Fund II at $1.27 Billion
Brightstar Capital Partners, a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, announced today that it has successfully closed its second flagship fund at its hard cap, with total commitments of approximately $1.27 billion, inclusive of approximately $60 million from the general partner. Brightstar Capital Partners Fund II, LP (“Fund II”) marks the […]
IPI Partners Closes Second Data Center Fund at $3.8 Billion
IPI Partners, LLC (IPI), a global investment platform focused exclusively on data centers and other technology and connectivity-related real assets, today announced the final closing of IPI Partners II, L.P. (IPI II) at $3.8 billion. IPI’s second fund attracted demand well in excess of its target, reflecting strong support from a global institutional investor base. […]
illimity closes illimity Credit & Corporate Turnaround Fund
illimity SGR has completed the first closing of the illimity Credit & Corporate Turnaround Fund (iCCT), a contribution fund dedicated to investments in Unlikely To Pay (UTP) loans to SMEs with revival and relaunch prospects. The initial portfolio consists of loans for a gross total of over EUR200 million made to 33 companies operating in […]
