Tiger Infrastructure Partners’ Fund III Closes at $1.25 billion Hard Cap, Reflecting Investor Demand for its Innovative Growth Capital Strategy
Tiger Infrastructure Partners (“Tiger”) announced that its third flagship fund, Tiger Infrastructure Partners Fund III (the “Fund”), closed at its hard cap with $1.25 billion in equity capital commitments (inclusive of commitments from Tiger), reflecting robust investor demand for the firm’s innovative strategy of providing transformational growth capital that enables the creation of tomorrow’s core infrastructure. In […]
Ardian Raises record $5.25bn for infrastructure secondaries fund
Private investment house Ardian has raised $5.25 bn for its latest infrastructure secondaries fund – Ardian Secondary Fund VIII Infrastructure (ASF VIII Infrastructure). The ASF VIII Infrastructure platform attracted over 145 investors from 28 countries across the Americas, Europe, Asia, and the Middle East, comprising major pension funds, insurance companies, HNWIs and financial institutions. Continuing […]
Digital freight network Convoy valued at $3.8bn after latest funding
Convoy has raised $160m in a late-stage funding round led by fund managers Baillie Gifford and T Rowe Price Group Inc, valuing the freight network platform operator at $3.8bn, the company said on Thursday. The company also raised $100m from Hercules Capital Inc in a venture-debt investment, bringing the total capital raised to $260m. It […]
Goldman Sachs Raises $3.5 Billion for Global Real Estate Bets
Goldman Sachs Group Inc.’s asset-management arm raised $3.5 billion for its latest fund dedicated to global real estate investments. Known as West Street Real Estate Investment Partners, the vehicle raised capital from third-party investors alongside commitments from Goldman’s balance sheets and employees, according to a client document seen by Bloomberg. Its goal is to make […]
Mainsail reaches $2.2bn of capital commitments thanks to biggest fundraise yet
Software investor Mainsail Partners has closed its biggest fund on $915m, boosting its total capital raised to $2.2bn. The oversubscribed Fund VI was closed in less than three months. Mainsail previously closed Fund V on $531m in 2020. The firm said Fund VI will continue with the strategy of targeting $30m to $60m investments in […]
Musk’s Boring Co. Raises Funding at Nearly $6 Billion Valuation
Elon Musk’s tunneling startup Boring Co. has raised $675 million in a funding round led by Vy Capital and Sequoia Capital. The round values the startup at $5.675 billion, the company said in a press release on Wednesday. Boring Co. aims to “solve traffic” by building transportation networks in tunnels deep underground. The company already […]
Blackstone Raises $1.6 Billion for Fund to Establish New Drugs
Blackstone Inc. raised $1.6 billion for a fund to establish new drugs and therapies, expanding its role in the life sciences industry. The vehicle will invest in companies with products that have received regulatory approval for commercial use, said Nicholas Galakatos, head of Blackstone’s life-sciences arm. It will also invest in royalties that could be […]
Mainsail Partners raises $915m Fund VI
Mainsail Partners, a growth equity firm that seeks to invest in rapidly growing, bootstrapped software companies, has raised $915 million in limited partner capital commitments for its sixth fund, the largest in the firm’s 19-year history. The new fund, Mainsail Partners VI, was oversubscribed and closed in less than three months, bringing the total capital […]
Oaktree-backed 17Capital raises almost $3bn for first credit fund
17Capital has held the final close of its inaugural 17Capital Credit Fund, which raised $2.9 billion, hitting its hard cap and exceeding its initial $1.65 billion target. 17Capital’s credit fund provides NAV loans to high-performing private equity managers in Europe and North America, which are mostly used by managers to grow their portfolios but also […]
Sequoia Capital leads Clipboard Health $30m Series C round at $1.3bn valuation
Clipboard Health, a profitable, app-based marketplace that matches healthcare professionals with open shifts at healthcare facilities near them, has secured $80 million in funding over two rounds, bringing the company’s total financing to more than $90 million, with a Series C post-money valuation of $1.3 billion. The $80 million was raised over two rounds of […]
