Buyout
GLOBAL - Goldman Sachs raises USD 10bn fund
According to reports, Goldman Sachs has raised a USD 10bn fund to invest in senior loans backing leveraged buyouts.
UK - Kennet closes third fund on EUR 200m
Kennet Partners has held a final closing of its third fund, Kennet III, on in excess of EUR 200m (USD 315m).
NETHERLANDS - Egeria reaches first closing on EUR 500m
Egeria has reached the first close of its third fund on its hardcap of EUR 500m.
SPAIN - MCH reaches first closing at EUR 225m
MCH has announced the closing of its third fund, MCH Iberian Capital Fund III, with EUR 225m in commitments, four months after it began fundraising.
NORWAY - FSN Capital III closes on EUR 375m
FSN Capital Partners has closed its third fund, FSN Capital III, on EUR 375m, exceeding its EUR 300m target. The fund was substantially oversubscribed.
BENELUX/GERMANY - Waterland closes EUR 800m fund
Waterland has closed Waterland Private Equity Fund IV (WPEF IV) on EUR 800m, three months after its launch.
GLOBAL - TPG en route to closing record buyout fund
TPG Capital's latest fund is well on course to top Blackstone Group's record USD 21.7bn offering last year, reports suggest. The news comes just a day after it was reported that China's State Administration of Foreign Exchange has invested more than USD...
GLOBAL - China invests USD 2.5bn in TPG fund
China's State Administration of Foreign Exchange has agreed to invest more than USD 2.5bn in the latest TPG fund.
UK - Bayside closes H.I.G. Bayside fund II at USD 3bn
Bayside Capital, the distressed debt affiliate of H.I.G. Capital, has held the first and final closing of its H.I.G. Bayside II fund with total commitments of USD 3bn.
GLOBAL – Lime Rock closes fifth fund on USD 1.4bn
Lime Rock has closed its fifth fund, Lime Rock Partners V LP, on USD 1.4bn. The fund will continue the firms focus on global growth capital opportunities in energy projects.
FRANCE - AXA PE closes fourth fund on EUR 1.6bn
AXA Private Equity has closed its fourth fund, AXA LBO Fund IV,on EUR 1.6bn.
UK - Electra holds final closing of £100m fund
Electra Partners has closed a new £100m fund designed to invest alongside its principal listed vehicle, Electra Private Equity Plc, in private equity investment opportunities mainly in the UK and Western Europe.
CEE – Capital International closes USD 2.25bn fund for emerging markets
Capital International has closed its fifth fund dedicated to emerging markets on USD 2.25bn.
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
EUROPE – PAI close EUR 5.4bn fund
PAI partners has held the final close of PAI Europe V on EUR 5.4bn. The fund is the largest ever raised in Continental Europe.