Asia Alternatives has raised $148 million from 16 investors for its fourth fund of funds, according to a filing, as the private equity specialist based in San Francisco and China follows up its predecessor fund that closed about two years ago.
2 min read · 26 September 2014
The Blackstone Group may encounter little difficulty in hitting its $16 billion target for Blackstone Capital Partners VII LP as the new flagship buyout pool hits the fundraising trail, based on strong demand from LPs for key megafunds, two private equity pros told Buyouts.
3 min read · 25 September 2014
American Capital Ltd, the publicly traded global asset manager and private equity firm, said it drew LP support from Coller Capital, Goldman Sachs Asset Management and StepStone Group for its newly closed $1.1 billion American Capital Equity III LP aimed at lower mid-market investments.
2 min read · 24 September 2014
Five Questions with Brooke Coburn, Managing Director, The Carlyle Group
5 min read · 22 September 2014
Two senior members of Silver Lake Sumeru are forming separate firms with backing from at least one key executive at Silver Lake, a leader of the firm said.
2 min read · 19 September 2014
2 min read · 18 September 2014
The $227 billion Canada Pension Plan Investment Board expects to invest up to $5 billion in private equity funds this year as the pension system faces a challenging environment for returns and high purchase price multiples in the deal market.
2 min read · 18 September 2014
Bridge Growth Partners LLC has held a first closing on about $250 million toward its $1 billion target on its inaugural buyout fund, as the firm founded by veterans of Vestar Capital Partners and New Mountain Capital gains traction with some recent additions to its team, according to a source.
2 min read · 16 September 2014
Energy Spectrum Capital is nearly two thirds of the way toward a $1.2 billion target for its seventh buyout fund with commitments from 62 investors and at least one prior top quartile fund boosting its track record, according to a Form D filing and pension fund data.
2 min read · 16 September 2014
Odyssey Investment Partners faced the worst economic downturn since the Great Depression when it launched fundraising for Odyssey Investment Partners IV in 2008. But the New York firm led by Chairman Stephen Berger, a leader in the New York political arena, barely missed a beat.
6 min read · 15 September 2014
