Felix Capital doubles AUM to $1.2bn ahead of fundraising environment becoming more cautious
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The UK venture capital firm has closed its fourth fund on $600m, doubling the size of its predecessor and beating its $500m target after just four months in the market. Felix typically invest early at first or second rounds, […]
JP Morgan closes Lynstone Special Situations Fund II with $2.4bn in total commitments
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund II (Lynstone Fund II), with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia. Lynstone Fund II is investing […]
Bain Raises $2 Billion in Biggest Asia Special Situation Pool
Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific. The second pool of cash is double the size of its first fund and the amount raised exceeded the $1.5 billion target, the Boston-based asset […]
Hines raises €900m at first closing for latest European value-add fund
Hines, the global real estate firm, has raised c €900 million of equity from institutional investors at the first closing of its new value-add fund, Hines European Value Fund 3 (HEVF 3). A group of 15 investors, predominantly existing investors in the successful series, joined this first closing in which their subscriptions amount to 60% […]
Macquarie Asset Management closes third Asia-Pacific regional infrastructure fund with over $4.2bn in commitments
Macquarie Asset Management has held the final close of its third Asia-Pacific regional infrastructure fund with over $2.0 billion in investor commitments, exceeding the fund’s $3.0 billion target. The successful fundraise brings total capital managed under the manager’s Asia-Pacific Infrastructure Fund series, dedicated to investing in Asia-Pacific infrastructure, to over $15 billion. The fund has […]
Binance’s Venture Capital arm raises $500 Million Crypto Fund
Binance Labs, the venture capital arm of the world’s biggest crypto exchange, launched a $500 million fund to invest in digital-asset projects, the latest capital injection into an industry that’s reeling from plunging prices and the collapse of the TerraUSD stablecoin. The announcement followed Andreessen Horowitz’s $4.5 billion raise for a crypto fund last week, […]
Robert Smith’s Vista Equity snags early $9bn for new fund
Vista Equity Partners is almost halfway to raising the $20 billion target it set for its flagship fund, according to people familiar with the situation. Led by billionaire Robert F. Smith, the eighth iteration of the private equity firm’s main fund has garnered more than $9 billion in investor commitments, said one of the people, […]
Carlyle Seeks $8.5 Billion for Its Biggest Asian Buyout Fund
Carlyle Group Inc. is seeking to raise $8.5 billion for its biggest-ever Asian buyout fund, people familiar with the matter said. The Washington-based private equity firm has started meeting investors for its sixth buyout fund in the region, according to the people, who asked not to be identified because the information is private. It’s aiming […]
Tiger Global plans to raise a new fund for private investments as public markets sour
After closing a $12.7 billion fund mere months ago, Tiger Global is planning to go back to market. The firm intends to raise a new fund this year or next, a personal familiar with Tiger told me in a recent feature story for Fortune. There has already been interest from the firm’s existing LP base, the person says. […]
Klarna in talks with investors to raise more money
Swedish payments firm Klarna is in talks with investors to raise more money and has no plans to go public this year, Chief Executive Sebastian Siemiatkowski said in an interview two days after the firm laid off 700 staff. Klarna investors include Silver Lake, BlackRock, GIC, and Permira and was valued about $46bn it got in […]
