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 […]
HarbourVest Partners has held an oversubscribed and hard cap close of its latest secondaries fund, Dover Street X LP (Dover X), with $8.1 billion of capital commitments. The hard cap close of Dover X follows strong net IRR performances by earlier Dover funds including Dover IX (2016 vintage) at 65.6%; Dover VIII (2012) at 22.4%; […]
Long Ridge Equity Partners has held an oversubscribed, hard cap, and final closing of Long Ridge Equity Partners III LP with $445 million of capital commitments. Limited partners in the new fund committed $400 million of the capital and are comprised of endowments and foundations, public pensions, funds of funds, insurance companies, wealth managers, and […]
Plexus Capital has held a final above target close of Plexus Fund V LP with $502 million of capital. Like its earlier funds, Fund V will invest up to $40 million in profitable US-based companies with $10 million to $150 million in revenue and EBITDA up to $20 million. The firm invests across a wide […]
Sweetwater Investment Management has held a hard cap, oversubscribed, and final close of its debut multi-client fund, Sweetwater Secondaries Fund II LP, with $350 million of capital. Sweetwater’s new fund invests in buyer-led secondary opportunities. Buyer-led secondaries are a type of secondary transaction where the buyer selects fund assets for purchase and assumes the role […]
H.I.G. Capital has held an above-target close of H.I.G. Capital Partners VI LP with aggregate capital commitments of $1.3 billion. Like its five prior funds, Fund VI will invest in lower middle-market companies, primarily in North America. H.I.G. specializes in providing debt and equity capital to small and medium-sized companies and invests in management buyouts, […]
L Squared Capital Partners has closed its oversubscribed third fund, L Squared Capital Partners III LLC, with just over $500 million of capital. The new fund was supported by the firm’s existing investors and several new limited partners including family office investors, a focus of L Squared since its founding in 2014. Family offices make […]
Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with $150 million of capital. The new fund was raised with commitments from existing investors as well as new limited partners […]
