Ambienta closes €1.55B private equity fund focused on environmental champions
Ambienta SGR (Ambienta), one of Europe’s largest asset managers entirely focused on environmental sustainability, has held the first and final close of its fourth Private Equity fund after less than six months of active marketing, hitting its €1.55 billion hard cap. The fundraising attracted significantly more interest from investors than Ambienta could accommodate from the […]
Ares gearing up to launch €11B European direct lending fund
Ares Management Corp is targeting more than €11 billion for a new new European direct-lending fund, making it the continent’s largest direct lending fund to date, according to a report by Bloomberg. Unnamed sources are cited as revealing that fundraising for the new Ares Capital Europe VI fund is slated to begin in the first […]
Fundamental Advisors closes fourth flagship fund above target at $1.43B
Fundamental Advisors (Fundamental), an alternative asset manager dedicated to municipal and public purpose investing, has held the final close of its fourth flagship private equity fund, Fundamental Partners IV LP (Fund IV), with $1.43 billion in capital commitments. Fund IV’s total commitments significantly exceeded its original target of $1 billion. The fund received support from […]
Eurazeo raises over €1B for Eurazeo PME IV Fund
Eurazeo has exceeded its fundraising target for the Eurazeo PME IV Fund by attracting more than €1 billion, 50% more than its previous fund. Since 2006, the small-mid buyout strategy’s assets under management have grown from €50 million to more than €1 billion. In 2011, these investments were financed solely by Eurazeo’s balance sheet, but […]
Funds eye $1 Trillion in fresh capital despite market uncertainty
Private equity firms are on the hunt for funding, turning up the competition during market and economic uncertainty and an overall lean time for new deals. According to London investment data firm Preqin, 2,845 funds are looking to raise over $1 trillion altogether, WSJ reported. That’s an increase of more than 60% in the number […]
Aston Martin raises £650m as Saudi Arabia’s PIF takes a stake
Aston Martin Lagonda has received a large investment from Saudi Arabia as part of raising £650m of capital to pay down the luxury sportscar maker’s large debts. Shares in Aston Martin hit a record low below 355p on Friday after the deal was announced, before recovering some of this week’s losses to jump 20% to […]
PointClickCare’s value rises to $5B from Hellman & Friedman and JMI Equity
As the Canadian tech sector navigates some tough headwinds, health-records company PointClickCare Technologies continues to sail forward. The valuation of the privately held company has jumped to more than $5bn, up from $4bn in early 2021, the company confirmed this week. The increase is based on a recent shuffling of share ownership in which private […]
Permira hits $16 Billion milestone for new flagship buyout fund
Permira has gathered 16 billion euros ($16 billion) for its new flagship buyout pool after passing the fund’s first close, people with knowledge of the matter said. The UK alternative asset manager has already beaten its initial target of 15 billion euros, according to the people, who asked not to be identified because the information […]
Battery Ventures closes new funds totalling more than $3.8B
Battery Ventures, a global, technology-focused investment firm, has closed new funds totalling $3.8 billion to continue backing innovative companies worldwide in a variety of sectors. The new funds—raised as Battery approaches 40 years of continuous operations—include Battery Ventures XIV and a companion fund, together capitalised at $3.3 billion, and the $530 million Battery Ventures Select […]
Crossplane Capital closes Fund II above its $325m target
Crossplane Capital is pleased to announce the first and final closing of its second private equity investment fund, Crossplane Capital Fund II, above its $325m target. With the closing of Fund II, Crossplane has raised over $730m since its founding in 2018, including co-investment vehicles. Fund II will continue to target lower middle market industrial […]
