Fundraising

Fund III will invest in mid-market companies across four sectors, ecommerce and marketing services, financial services and fintech, tech-enabled products and services and digital media.

Fund VIII will invest in the middle-market.

OEP IX’s limited partners insurance companies, pension funds, asset managers, sovereign wealth funds, funds-of-funds, foundations, family offices and high net-worth individuals.

The European mid-market firm, which recently launched an office in Milan, expects to hold the final close for Fremman 2 in Q4 2025.

Last year, Platinum Equity closed its flagship sixth fund at $12.4 billion.

Motive's most recent private equity deal, closed earlier this year, backed Lyra, a client-servicing solution for alternative asset managers, spun out of Apollo's client services division.

CVC has disclosed the expected launch date of its next private equity behemoth. Plus: Japanese pensions pile into alts; and a flurry of senior people moves in Asia. Here's today's brief, for our valued subscribers only.

Fund IX reached its hard cap five months after its formal launch.