Fundraising

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.

The firm has returned billions in capital to investors since early 2024, according to the firm’s co-head of North America private equity.

The Boston manager is aiming to hold a 'significant' first close for BV Investment Partners Fund XII in December, pension documents said.

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

APFC is reaping short-term rewards from its tilt towards buyouts. Plus: an Indian fundraising scoop; and Permira taps Carlyle in its global IR build-out. Here's today's brief, for our valued subscribers only.

Private equity funds took an average of 17 months to hold their final close in the first three quarters of this year, marking a slight shortening on last year.

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