Commentary

Healthcare Fund VI closed at over $625 million and Search Fund II raised almost $225 million.

Fund VII raised $977 million and Equity Fund II collected $345 million.

Fund II’s LPs include public and private pension plans, insurance companies, family offices, foundations, investment consultants, sovereign wealth funds, and funds of funds.

Time spent on the road by GPs marketing their funds fell in this year’s first three quarters, according to Buyouts data, the first such drop since the slowdown began.

MIF III targets mid-market infrastructure assets across North America.

LPs want exposure to the mid-market, where there is differentiated alpha with many levers and ways to win, Adel Alderbas tells Private Equity International.

Flagship Fund III targets growth and mid-market private equity opportunities in the energy tech industry.

Bain Capital targets five core markets—consumer, healthcare, industrials, services and technology.

The evidence suggests many LPs have, or are developing, an appetite for investing directly in alternative asset managers.