Turnout Capital, a new lower middle-market private equity firm, has been formed to invest junior capital in small, growing businesses across a range of sectors. Turnout makes both control and non-control investments of subordinated debt and equity in North American-based companies with $5 million to $50 million of annual revenue and at least $1 million […]
Ampersand Capital Partners has closed its oversubscribed $670 million Ampersand Continuation Fund LP and other related vehicles (together ACF). Ampersand formed ACF to acquire the equity interests of three portfolio companies – highlighted by Confluent Medical Technologies – that were held by earlier and now mature Ampersand funds. As part of ACF’s fundraising, Ampersand provided […]
TELEO Capital Management has held and oversubscribed hard cap closing of its inaugural fund, TELEO Capital LP, with $250 million of capital. The firm’s first fund received capital from a range of institutional limited partners including endowments, insurance companies, pension funds, fund of funds and family offices. “We are honored to welcome such high-caliber institutional […]
Thomas H. Lee Partners (THL) has closed THL Automation Fund LP with $900 million of capital. The new fund invests in partnership with the THL’s flagship funds in companies that provide automation products, software or services, or use technology to improve productivity in business processes. Specific targets within automation include software and artificial intelligence, robotics, […]
CIVC Partners has closed its sixth fund, CIVC Partners Fund VI LP, with $525 million of limited partner capital commitments. The new fund had an original target of $450 million and also closed above its original hard cap. Fund VI was backed by both existing and new investors, including insurance companies, fund of funds, pension […]
Carousel Capital has held a first, final, and hard cap closing of its sixth buyout fund, Carousel Capital Partners VI LP, with $700 million of capital. Carousel completed the raising of Fund VI in just over two months. Carousel’s new fund received support from its existing investors and several new institutional investors. Carousel invests in […]
GTCR has closed its thirteenth fund, GTCR Fund XIII LP, with $7.5 billion of limited partner capital commitments. The new fund, raised in just five months, had a target of $6.75 billion and was oversubscribed. Fund XIII is the largest investment fund in GTCR’s history. Investors in Fund XIII include public pension funds, endowments, foundations, […]
Graham Partners has held a final, oversubscribed, and hard cap closing of its fifth fund, Graham Partners V LP, with $937 million of capital commitments. Graham’s new fund, like earlier funds, will invest in technology-driven manufacturing-related companies in the food, medical, building products, transportation, and packaging sectors that have EBITDA between $5 million and $50 […]
Thoma Bravo, an active investor in the software and technology sectors, has completed fundraising for three funds totaling more than $22.8 billion in capital commitments: Each of the three new funds – Thoma Bravo Fund XIV LP (Fund XIV) with $17.8 billion of capital, Thoma Bravo Discover Fund III LP (Fund Discover) with $3.9 billion […]
Arbor Investments has closed its fifth fund, Arbor Investments V LP (Arbor V), with $1.5 billion of outside capital commitments. The firm has also closed its second captive subordinated debt fund, Arbor Debt Opportunities Fund II LP (Arbor Debt II), with $168 million of outside capital commitments. The marketing and closing of these two funds […]
