Incline Closes New Middle Market Fund

Incline Closes New Middle Market Fund

After just three months of marketing, Incline Equity Partners has held an oversubscribed and final closing of Incline Equity Partners V LP and Incline Equity Partners V-A LP (together Fund V) with a combined $1.16 billion of capital commitments. Fund V’s original target was $850 million. Limited partners of the new fund include domestic and […]

Gray Eagle Soars in New York

Gray Eagle Soars in New York

Gray Eagle Capital Partners has been launched in New York to make control equity investments in lower middle-market businesses. Gray Eagle was co-founded by its managing partners Allam Taj and Christoph Ganz, who together have more than 25 years of investing, legal, consulting, and operations experience. Gray Eagle will target equity investments of up to […]

HarbourVest Closes New Flagship Above $2 Billion Target

HarbourVest Closes New Flagship Above $2 Billion Target

HarbourVest has held an above-target final close of its flagship US fund, HarbourVest Fund XI LP (Fund XI), at $2.6 billion. The firm’s target for the new fund was $2 billion. Fund XI has more than 90 limited partners including private and public pensions, corporations, foundations, family offices, and high net worth individuals. “We continue […]

Stone Point Closes on $7 Billion

Stone Point Closes on $7 Billion

Stone Point Capital has held a final closing of its eighth private equity fund, Trident VIII LP, with $7 billion in total capital commitments. Trident VIII received strong support from Stone Point’s existing investors and received first-time commitments from several leading institutional investors. The general partner and its affiliated entities committed more than $350 million […]

Lexington’s New Secondaries Fund Closes at $14 Billion

Lexington’s New Secondaries Fund Closes at $14 Billion

Lexington Partners, one of the largest managers of secondary acquisition funds, has held a final close of Lexington Capital Partners IX LP and related investment vehicles (LCP IX) with a combined $14 billion of commitments. The new fund beat its $12 billion target and was markedly above both its eighth secondary fund which closed with […]

Siguler Guff Continues Lower Market Strategy with New Fund

Siguler Guff Continues Lower Market Strategy with New Fund

Siguler Guff has held a final closing of its latest fund, Small Buyout Opportunities Fund IV LP (Fund IV), at the oversubscribed hard cap of just over $1.57 billion. Fundraising for the new fund began six months ago and exceeded its $1.25 billion target. More than 90% of the fund’s limited partners from its earlier […]

Platinum’s Flagship Closes at $10 Billion

Platinum’s Flagship Closes at $10 Billion

Platinum Equity has held a final close of Platinum Equity Capital Partners V LP with $10 billion in total capital commitments. The new fund, which had a target of $8 billion and a hard cap of $10 billion, was oversubscribed. Platinum Equity was founded by CEO Tom Gores in 1995 and was ranked in February […]

Vistria Closes Third Fund

Vistria Closes Third Fund

The Vistria Group has held a final hard cap closing of Vistria Fund III LP with $1.1 billion of capital commitments. Fund III was oversubscribed and beat its original target of $800 million. The capital for the new fund includes a $100 million commitment from Vistria’s principals and operating partners. Vistria’s third fund follows its […]

Shoreline Hits First Fund Hard Cap

Shoreline Hits First Fund Hard Cap

Shoreline Equity Partners has held an oversubscribed and hard cap close of its first fund, Shoreline Equity Partners Fund LP, with $300 million in capital commitments. Limited partners in the new fund include insurance companies, fund of funds, family offices and high net worth individuals. Shoreline was launched in March 2019 by Michael Hand and […]

AEA Closes Funds, Names New CEO

AEA Closes Funds, Names New CEO

AEA has finalized two funds with the hard cap close of its seventh flagship fund, AEA Investors Fund VII LP (Fund VII), with total equity commitments of $4.8 billion, and its fourth small business fund, AEA Investors SBF IV LP (Fund SB), with total equity commitments of $877 million. Fund VII was oversubscribed and backed […]