Schroder GAIA II Specialist Private Equity Fund will allow LPs with a minimum investment of $50,000 to back PE investments in small and mid-sized businesses.
Australian exports
Cortina Capital will target medium-sized health and wellness brands with export potential to Asia.
Largest funds raised in September, PEI data
Vista's $16bn haul for its seventh flagship fund, Advent's $2bn debut tech fund and Hahn & Co's largest fund for Korea are among the largest funds closed during the month.
Boston
TA Select Opportunities Fund, which will pick up stakes in companies its main fund is selling, won’t charge a management fee and will instead collect fees from portfolio companies.
Benelux, Nordic and UK funds were the highest performers in Europe as of end-2018, generating at least 16% IRR each.
Seoul, South Korea
The buyout firm gathered $2.7bn for its third flagship fund and a further $500m for a co-investment sidecar.
FTV fund raise
Details of the firm's latest flagship fund were revealed in Texas Municipal Retirement System documents.
Senior partners Matt Nord and David Sambur will lead the firm’s $77bn private equity business.
Ho Chi Minh, Vietnam
Mekong Enterprise IV is expected to reach its $250m hard-cap by early 2020, Private Equity International understands.
Shenzhen, China
Trade disputes, bad debts in the financial system and a difficult exit environment for tech companies have affected investor appetite for China, according to EMPEA.
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