For the first time ever, KKR makes fund available to individual investors through blockchain
KKR has made a major move in allowing individuals access to its private equity funds by making one of its vehicles available to backers through a public blockchain. Digital assets securities business Securitize has launched a fund tokenising an interest in KKR’s Health Care Strategic Growth Fund II on the Avalanche public blockchain. The new […]
Bessemer Venture Partners closes $4.6B across two new funds
Bessemer Venture Partners has closed $4.6 billion in new capital across two funds – $3.85 billion for its twelfth flagship fund, BVP XII, and $780 million for its inaugural BVP Forge fund. Bessemer Venture Partners focuses on early- and growth-stage venture capital investments through its current $2.475 billion BVP XI fund, $825 million Century II […]
Ardian closes second-generation Americas Infrastructure fund at $2.1B
Ardian has held the final closing of its latest Americas infrastructure fund – Ardian Americas Infrastructure Fund V (AAIF V), with $2.1 bn in capital commitments. The Ardian Infrastructure team now has over $21 billion in assets under management across the globe. AAIF V was significantly oversubscribed, exceeding its hard cap of $2.0 billion, and […]
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 […]
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 […]
