Neuberger Berman to launch European private loans commingled fund

Neuberger Berman, a private, independent, employee-owned investment manager is expanding its private loan offering with the launch of the Neuberger Berman European Private Loans Fund II. The Dublin-domiciled fund will give institutional investors access to select non-sponsored, EUR denominated, high-quality, three to 10 year private loans diversified across EU jurisdiction and industry. These regional banks […]
CD&R raises $10B in initial closing of latest PE fund

Clayton, Dubilier & Rice has held the initial closing of its latest private equity fund with around $10 billion in capital commitments, according to a report by Private Equity News. The report cites unnamed sources as confirming that the funding was raised in around four months and puts the New York firm at the halfway […]
Goldman Sachs closes largest PE fund since 2007 at $9.7B

Goldman Sachs Group Inc has closed its largest private equity fund since 2007 with $9.7 billion in capital commitments, according to a report by Reuters. The new fund will focus on investments in companies with an enterprise value of about $750 million to $2 billion. West Street Capital Partners VIII will look to invest an […]
PSP Investments plans $2B Private Equity stakes sale

Canadian pension manager PSP Investments is trying to sell around $2 billion of private equity fund stakes, one of the largest such deals to enter the fast growing secondaries market. The C$230.5 billion ($174 billion) manager, which looks after the retirement pots of the Canadian military and Royal Canadian Mounted Police, is seeking to rebalance […]
Clayton Dubilier & Rice banks $10B so far for newest buyout fund

Buyout store Clayton, Dubilier & Rice has collected round $10 billion in an preliminary closing of its newest private-equity fund, elevating the cash in round 4 months, in response to folks accustomed to the trouble, as buyers funnel extra of their private-equity commitments to skilled managers. The quantity raised up to now places the New […]
Atlanta private equity firm Resurgens Technology Partners raises $500M fund

An Atlanta private equity firm closed a $500 million fund focused on software companies, according to a Sept. 16 announcement. This is Resurgens Technology Partners’ second fund. Its inaugural, $200 million fund was closed in January 2019. The shift in capital markets is causing startup executives to trim their operations, leading to mass layoffs. OneTrust […]
Advent may join private equity chase for GB Group

Advent International is among private equity firms eyeing a possible counterbid for GB Group after the revelation that GTCR is considering making a cash offer for the British tech company. Advent, the global buyout firm, is reported to be mulling over a move, potentially putting it up against not just its Chicago-based rival but also […]
KADENS Capital invests in Westbridge with large Norwegian Fund

The pan-European private equity house KADENS Capital (KADENS), which specialises in real estate and real estate companies, has secured a minority stake in the leading ESG service provider and expert for energy optimisation in the German real estate industry. The transaction was carried out for a major Norwegian state fund with a long-term investment horizon. […]
Baring Private Equity raises $11.2B in one of Asia’s largest buyout funds

Hong Kong-based Baring Private Equity Asia (BPEA) has closed its eighth, and largest, pan-Asia fund at $11.2 billion, the firm said on Tuesday. The final close, which exceeded BPEA’s $8.5 billion initial target and is 70% more than its previous fund, also made it one of the largest private equity funds ever raised in Asia, […]
Investment giant KKR puts portion of Private Equity fund on avalanche blockchain

The firm hopes that a tokenized fund will increase accessibility to individual investors. U.S. investment firm KKR & Co. (KKR) has made its Health Care Strategic Growth Fund available on the Avalanche blockchain. KKR, which had $471 billion in assets under management at the end of 2021, is working with digital-asset management platform Securitize Capital, […]