Fundraising

Newcastle’s strategy draws on managing partner Chris Casgar’s experience at L Catterton and Webster Equity Partners, with a focus on investing in consumer products and services businesses.

PE investors expect AI to make a significant contribution to deal origination, according to Coller Capital’s latest barometer.

The manager has also increased the number of portfolio companies it intends to target, along with investment sizes.

Climate Assets Fund I's limited partners include California State Teachers’ Retirement System, PSP Investments, AP4, Colonial First State Investments, Builders Asset Management and AP2.

Mid-Cap Fund II, which has a $2bn hard-cap, is expected to hold a second close in late summer, sources told Buyouts.

Martis Partners IV's limited partners include existing and new individual and institutional investors globally.

The European giant’s mid-cap strategy hauled in €2bn in 2020 for its fifth vehicle.

LPs are being quite selective on their commitments, culling their portfolios and shrinking pledge sizes as they contend with overexposure issues and tight liquidity from slowing distributions.

Nexa raised an additional $150 million through deal-specific co-investment vehicles, bringing the firm’s total private equity capital under management to over $330 million.

The amount Insight is seeking is roughly in line with the amount closed on its predecessor in 2022.