Kirk Falconer

Laurence Tosi’s WestCap targets $1.5bn for Fund III, holds first close

The firm held a 'record' first close for WestCap Strategic Operator Fund III during Q4 2025, sources tell Buyouts, backed by a mix of new and existing LPs.

Is private equity fundraising opening a new chapter?

Buyouts reported several items of good news in its Q1 report on private equity fundraising in North America that could portend important consequences for the industry down the line.

Kingswood goes bigger with $2.25bn target for latest complexity-focused fund

Kingswood Capital Opportunities Fund IV's target is double that of Fund III, and 50% above the $1.5bn secured by the vehicle in a final close in 2024.

Off-duty: Brightstar’s Andrew Weinberg on AI, Tignanello and When Harry Met Sally

Weinberg tells us about his fantasy job as a teacher, his love for Hawaii, great sunset dinners and 1980s music, and why golf is a ‘go-to’ when he needs to relax.

DOWNLOAD: Private equity fundraising gets a boost in Q1, despite fewer fund closings

Buyout, growth equity, secondaries, venture capital and other PE funds had raised a total of $152bn as of March 31, up 14% from the $133bn secured a year earlier, according to PEI Group data.

HIG veteran-led Aphias Capital targets $900m for inaugural fund

Founder and managing partner Rob Wolfson set up Aphias last year to make control investments in lower mid-market companies in healthcare services and essential services sectors.

LPs go direct for GP stakes

Institutional investors are voicing an interest in stepping outside the familiar fund structure to invest directly in GPs. The move could change the GP stakes market and create a new class of shareholders.

Jennifer James, Thoma Bravo: Women in Private Equity 2026

Jennifer James led the way when Thoma Bravo's Fund XVI became 2025's top PE fund close in North America. Also serving on the board of Private Equity Women Investor Network, she's dedicated to advancing representation via mentoring.

Jennifer James, Thoma Bravo: Women in Private Equity 2026

Jennifer James led the way when Thoma Bravo's Fund XVI became 2025's top PE fund close in North America. Also serving on the board of Private Equity Women Investor Network, she's dedicated to advancing representation via mentoring.

Levine Leichtman rolls out latest small-cap fund, targets $1.7bn

Some LPs, including several of the largest US public pension systems, have recently moved down market, seeking greater exposure to small-cap managers and the companies in which they invest.