Fundraising

The fund's limited partners include and university endowments, single- and multi-family offices and outsourced CIOs.

Trivest Recognition Fund will focus on exclusively on founder-led and family-owned businesses with EBITDA greater than $15 million.

One in four funds closed below target in the first three quarters of 2023, according to Buyouts data.

The fund will invest in the development of late-stage clinical programs from pharmaceutical and biotechnology companies in the U.S., UK, Europe, and Asia-Pacific.

Brynwood Partners IX's limited partners include pension funds, insurance companies, fund-of-funds, endowments, foundations, and family offices.

The manager focuses on complex co-investment structures.

Carlyle confirmed it closed the fund in August, along with its debut growth pool, for a total of around $16.1bn for the firm's integrated US buyout and growth platform.

More capital is going into the hands of the biggest funds, and yet according to research shared with PEI, LPs are turning their attention to the lower end of the market.

Eight slides that look at the amount of private equity capital raised between January and end-September and what the figures show.

Fund closings declined more significantly. Some 554 vehicles were wrapped up in the first three quarters, down 43% year over year.