Insight Partners has held a final hard cap closing of Insight Partners XI LP at $9.5 billion. The firm’s earlier fund closed with $6.3 billion of capital commitments in 2018. Insight Partners makes expansion and late-stage investments in software, e-commerce, internet and data-services businesses. The new fund is expected to invest between $10 million and […]
Gemspring Capital has closed its second fund, Gemspring Capital Fund II LP, with $750 million of capital commitments. Limited partners in the new fund include endowments, foundations, family offices, consultants, insurance companies, pension plans and funds of funds. Notably, each of Gemspring’s institutional investors from its first fund, which closed in November 2016 with $350 […]
Ampersand Capital Partners has closed its latest fund, Ampersand 2020 LP (AMP-20) with $690 million in limited partner commitments. The new fund – Ampersand’s tenth fund since 1992 – was oversubscribed and closed after just three months of fundraising. Limited partners in the new fund include a global set of institutional investors including endowments, foundations, […]
TorQuest Partners has held a final hard-cap closing of TorQuest Partners Fund V LP with C$1.375 billion of committed capital. The new fund closed above its target of $1.1 billion and was significantly oversubscribed. Limited partners in Fund V include public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family […]
Evolution Managers Capital (EMC), an investor in emerging private equity firms, has made its first investment in newly-formed Conanicut Capital. Boston-based Conanicut Capital is led by Jared Paquette and makes control and growth investments in business services companies with $3 million to $15 million of EBITDA. Service sub-sectors of specific interest include human capital management, […]
Serent Capital has held a final closing of its latest fund, Serent Capital IV LP (Fund IV), with $750 million of capital. Serent’s new fund was oversubscribed, just as its prior three funds were. In October 2017, the firm’s earlier fund closed with $572 million of capital. According to Serent, its funds have a consistent […]
Bregal Sagemount has held a final, hard cap and above target closing of Bregal Sagemount Fund III LP with $1.5 billion of capital. The new fund’s original target was $1.35 billion. Limited partners of Fund III include institutional investors including endowments, pension funds, insurance companies, and principal advisory firms. New York City-based Bregal Sagemount makes […]
BV Investment Partners has held a first and final close of BV Investment Partners Fund X LP (Fund X) at its hard cap of $1.1 billion. The new fund’s original target was $1 billion. Fund X’s investor base includes mostly existing investors from a range of foundations, public and corporate pension plans, financial institutions, family […]
Corsair Capital has held a final, on target close of its fifth fund, Corsair V Financial Services Capital Partners LP, with $1 billion of limited partner commitments from new and existing investors from the firm’s earlier funds. Corsair Capital was founded in 1992 as part of J.P. Morgan & Co. – it spun out as […]
Align Capital Partners has closed its second fund, Align Capital Partners Fund II LP and Align Capital Partners Fund II-A LP (together ACP II), at the combined hard cap of $450 million. Fundraising for ACP II began in November 2019 with an initial target of $400 million. Align’s first fund closed at its $325 million […]
