ICG raises €8.1B for eighth vintage of flagship European Corporate fund
ICG, the global alternative asset manager, has completed fundraising for its eighth European Corporate fund (Europe VIII). The fund held a final close with a total fund size of €8.1 billion, materially in excess of the target of €7.0 billion and exceeding its hard cap, as well as representing a 90% increase in client capital […]
Arena Investors raises $930m for Credit-Focused deals
Arena Investors, a global institutional asset manager specializing in opportunistic, asset and yield oriented investments, today announced the final close of Arena Special Opportunities Partners II, LP and Arena Special Opportunities Partners II. The Fund is oversubscribed at approximately $930m of committed capital, including separately managed accounts investing alongside the Fund. The close exceeds the […]
Portage targeting up to $1B for late-stage fintech investments
Portage looking to raise up to $1 billion for a new structured equity fund that will focus on financing late-stage startups in the financial technology sector. The global fintech investor’s new Portage Capital Solutions (PCS) Fund, which will be led by Co-Heads Daniel Ballen and Devon Kirk, will focus on structured opportunities in fintech and […]
Bain Capital seeks $5 Billion in Asia Fund, smaller than rivals
Bain Capital LP has begun raising a $5 billion fund for Asia-Pacific, smaller than the amount sought by global buyout peers in the recent past, people familiar with the matter said. The Boston-based buyout firm started marketing its fifth Asia fund in July, targeting a first close in December and final completion in the first […]
Silversmith Capital Partners raises $1.25B for fourth growth equity fund
Silversmith Capital Partners (Silversmith) has held the first and final close of its fourth fund, Silversmith Capital Partners IV (Fund IV), which was significantly oversubscribed, at its hard cap of $1.25 billion. In addition to the $1.25 billion from limited partners, the Silversmith team will contribute $90 million to Fund IV. Fund IV is the […]
Tikehau Capital raises €3.3B for fifth gen of direct lending strategy
Tikehau Capital has raised a record €3.3 billion for the fifth generation of its direct lending strategy, up 57% compared to the previous vintage. Within this strategy, Tikehau Capital’s flagship fund received €2.1bn in capital commitments, a significant upsizing from the previous generation. The capital raise received strong support from high-quality institutional investors globally including […]
Africa’s top renewable firm may raise $4 Billion after takeover
Africa Finance Corp. and Egypt’s Infinity Group plan to raise as much as $4 billion to double the size of a recently acquired business that’s already Africa’s biggest renewable power company. The two firms agreed to buy Lekela Power last week and are seeking between $2.5 billion and $4 billion from capital markets over the […]
BlackRock holds final close of Diversified Private Debt Fund at £1.7B
BlackRock has held the final close of its Diversified Private Debt Fund (DPD) with a total capital raise of £1.7 billion. Managed by James Keenan, CIO and global head of credit, the Fund leverages BlackRock’s 20+ years in Private Debt to invest across US and European Direct Lending, US and European Real Estate Debt, and […]
ESR makes first close of inaugural Data Centre Fund at $1B
ESR Group Limited (ESR), a real asset manager focused on the APAC region, has closed Data Centre Fund 1 (ESR DC Fund 1), its inaugural investment vehicle dedicated to the development of its growing data centre business, with over $1 billion in equity commitments ESR will raise a separate discretionary capital sleeve to co-invest into […]
Aztec Group supports Advent International with $25bn fundraise
Fund and corporate services provider, the Aztec Group, has supported longstanding client, Advent International (Advent), with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X (GPE X). Raising $25 billion in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings […]
