Fundraising

Prevailing wisdom is that funds in market or just coming out would have to add another three to six months on top of their fundraising schedules.

The fund's strategy will focus on acquiring IP products in film, television, music and video games.

First-time fund managers are set to have an even tougher time on the fundraising trail amid the pandemic, but there could be opportunities for those raising capital on a deal-by-deal basis.

Rubicon Technology Partners launched fundraising last fall, so if it officially closes soon, it will have raised the pool in under a year.

The fund is expected to hold to Lindsay Goldberg's strategy of investing in North American and European mid-market companies in business, financial and government services, consumer, healthcare and industrials sectors.

The firm closed Fund VIII on $1.25bn in 2017, with an additional $125m for an overage program for larger deals or follow-on investments.

A PitchBook analysis finds that the types of firms doing GP-led secondaries deals has transformed drastically in the past few years.

ArcLight Capital Partners’ $3.4bn haul for its seventh flagship fund and Odyssey Investment Partners’ $3.25bn for its sixth flagship fund were among the largest funds closed during the month.

The UK-headquartered firm is set to hold final closes this month on two northern European mid-market focused vehicles, Genesis 9 and Saturn 2.

Executive recruiters Mary Gay Townsend and Simon Nixon discuss the pros and cons of having your own investor relations team – and whether it's worth it.