Blackstone and Silver Lake Alumni raise $2.2 Billion for debut fund
BayPine, a private equity firm founded by veterans of Silver Lake and Blackstone Inc., raised $2.2 billion from institutional investors for its first fund. The firm has about $3 billion of capital, including co-investments, that it will use to acquire stakes in established middle-market firms and help them overhaul their digital strategies, Boston-based BayPine said […]
LaSalle Asia Opportunity VI raises over $2.2B
LaSalle Investment Management (LaSalle) has raised over $2.2 billion of equity for LaSalle Asia Opportunity VI (LAO VI), including sidecars and co-investment programmes, exceeding its initial target of $1.5 billion. The committed capital has been secured from global institutional investors and will provide buying power for over US$7 billion worth of assets. LAO VI is […]
Kim Kardashian starts private equity firm with Carlyle partner
Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc are launching a new private equity firm focused on investing in consumer and media businesses, the Wall Street Journal reported on Wednesday. The new firm to be launched by Kardashian and Jay Sammons will be named SKKY Partners, the WSJ […]
Investcorp, Mubadala back TruKKer fundraise ahead of planned IPO
Middle Eastern logistics startup TruKKer raised $100 million from investors including Bahrain-based asset manager Investcorp and Abu Dhabi wealth fund Mubadala Investment Co., in what’s likely to be its last funding round ahead of a planned listing. The latest round was led by Investcorp — the first deal from a $500 million pre-IPO fund, according […]
Aston Martin will raise $660M in rights issue
The latest fundraising will allow Aston Martin to lower its debt and invest in new models Aston Martin is raising 575.8 million pounds ($660 million) in a rights issue as major investors including Saudi Arabia’s sovereign wealth fund keep faith with the struggling luxury UK automaker. The rights issue is part of a previously announced […]
Baring Private Equity Asia raises $11B for largest fund to date
Baring Private Equity Asia Ltd (BEPA) has gathered secured capital commitments totalling around $11 billion for its latest and biggest fund to date, according to a report by Bloomberg. The report cites unnamed sources as confirming that the Hong Kong-based investment manager raised about 70% more than a previous $6.5 billion Asia-focused fund. Several rivals […]
Copenhagen Infrastructure Partners energy transition fund hits €3B hard cap
Copenhagen Infrastructure Partners (CIP) has raised €3bn for its renewable energy generation investment fund. The manager said the CI Energy Transition Fund I (CI ETF I) was backed by investors across the Nordics, Europe, Asia-Pacific and North America with approximately a 50/50 split between existing investors in CIP funds and new investors. As previously reported, […]
Golding closes two infrastructure funds well above target at combined €1.5B
Golding Capital Partners, an independent asset manager for alternative investments, has held successful final closings for its two current infrastructure funds, with total commitments of some €1.5 billion. The flagship fund of funds “Golding Infrastructure 2020” closed at €943 million, significantly above its target of €700 million, making it the biggest fund in Golding’s company […]
EQT raises private equity fund in tough market
Swedish private equity firm EQT AB has raised about €15bn so far for its new flagship fund despite wider economic and fundraising headwinds. The buyout firm has received commitments for about 70pc of the fund’s maximum cap of €21.5bn by the first close, according to a letter to investors seen by Bloomberg News. EQT expects […]
Stafford Capital Partners holds final close of fourth infrastructure secondaries fund
Stafford Capital Partners (Stafford) has held the final close of Stafford Infrastructure Secondaries Fund IV (SISF IV) with the €731 million in commitments from 33 investors across 13 countries, making it the firm’s largest fund to date. Alongside these commitments, Stafford raised an additional £100 milion managed account for geographically focussed infrastructure secondary transactions. With […]
