Charlesbank Capital Partners has held a $700 million, oversubscribed, and hard cap closing of Charlesbank Credit Opportunities Fund II LP. The new fund’s original target was $500 million. Fund II has more than 30 institutional limited partners including public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high […]
Evolution Managers Capital (EMC), an investor in emerging private equity firms, has made its second fund investment to date by backing Greens Farms Capital. EMC was formed in October 2019 by Chicago-based HC Private Investments (HCPI) and Boston-based family office Landon Capital Partners (LCP), to provide financial backing and support to lower-middle market private equity […]
FTV has closed its sixth and largest fund to date, FTV VI LP, at its hard cap of $1.2 billion. The firm’s earlier fund closed in September 2016 at its hard cap of $850 million. The new fund saw renewed commitments from existing limited partners, as well as interest from new limited partners from North […]
PWP Growth Equity has completed its spin-out from Perella Weinberg. The new firm – now operating as GreyLion Capital – will continue to manage its two existing private equity funds with total capital commitments of $1.35 billion. PWP Growth was founded in 2012 as part of Perella Weinberg’s asset management business. Chip Baird and David […]
The Sterling Group has held an oversubscribed and hard cap close of its fifth fund, Sterling Group Partners V LP, with $2 billion of capital. The new fund was raised after just four months of marketing. According to Sterling, the majority of Fund V’s capital was committed to by returning investors but also included new […]
Osceola Capital has held a hard cap and above target close of its inaugural fund with an oversubscribed $125 million of capital. Limited partners in the new fund include public pension plans, financial institutions, a university endowment, family offices, and several high net worth investors. “We want to thank our investors for their tremendous support,” […]
Francisco Partners has held a final closing of three funds, two equity funds and one credit fund, with an aggregate $10 billion of capital. The three new funds are Francisco Partners VI LP with $7.45 billion in capital, Francisco Partners Agility II LP with $1.5 billion in capital, and FP Credit Partners LP with $750 […]
KKR has raised $4 billion in new capital to invest in credit opportunities created by the recent market volatility. The new capital includes $2.8 billion through its KKR Dislocation Opportunities Fund LP and just over $1.1 billion from separately managed accounts committed to the same investment opportunities (together the “DOF”). The DOF operates within KKR’s […]
Aquiline Capital Partners has closed its fourth private equity fund, Aquiline Financial Services Fund IV LP, with more than $2 billion in commitments, exceeding its target of $1.5 billion. Aquiline’s new fund was raised from investors around the world and follows the firm’s earlier fund, Aquiline Financial Services Fund III LP, which closed in April […]
Apollo Global Management has closed on $1.75 billion in commitments for Apollo Accord Fund III B LP, part of the firm’s dislocated credit strategy. Commitments for the new fund were raised over the past eight weeks and were driven by institutional demand for a strategy that invests amid the volatility and market conditions seen in […]
