The Brazilian private equity firm fell slightly short of its fundraising target, but is ‘bullish’ on its ‘perfect timing’ for acquiring companies at low valuations.
Among the first private equity firms to register as bank holding companies, the San Francisco-based bank investor is busy raising a third fund to acquire small to middle market financial institutions. To date, it has invested in 18 banks, mostly in California.
The early stage technology-focused venture capital firm has held an initial close on its fifth fund, targeted at upwards of $200m. It already has two initial deals with signed term sheets in the pipeline for the fund.
Having completed the buyout of an €80m offshore marine parts supplier for its first fund, the Danish lower mid-market firm has widened its investor base for its second fund and already surpassed its €200m target.
The UK software-focused venture firm has closed its second fund on nearly double its £25m target after 10 months in the market.
The global buyout group is having a week of firsts, having closed what it says is the first industrially-focused, mid-market Japanese private equity fund raised by an international firm just a day after making its maiden investment in the Dominican Republic.
The Auckland firm has also acquired a 45 percent stake in New Zealand King Salmon, the country's largest aquaculture company.
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team ahead of a reported $5bn fundraising effort
HighView Investment Group, led by former BlackRock co-founder Ralph Schlosstein, has garnered $600m in commitments to target minority interests in independent alternative asset managers.
The technology-focused affiliate of venture firm Accel Partners and mega-buyout firm Kohlberg Kravis Roberts has closed its third fund with commitments from all existing limited partners.