Fundraising

UMich backs Grey Rock Energy, co-led by Gov. Perry's son

HgCapital books 2.3x on P&I sale

This is the first exit from HgCapital 7; the firm is currently in discussions about raising its eighth fund.

DBAG raises €38.6m for co-investment

The German listed firm has raised the funds through a share placement to invest alongside its recently-closed Fund VII, said CFO Susanne Zeidler.

Chart of the week: PE fundraising spikes in third quarter, closes gap

White Oak shops for PE-like hedge-fund stakes

Ardian plans more deals in doubled middle-market fund

Clessidra to close €800m fund by 30 Nov - Exclusive

Now that the Bank of Italy has authorised the acquisition of the Milan-based private equity firm by Italmobiliare, Clessidra is preparing for a final close of its latest buyout fund.

Cornell Capital raises $850m for third fund

New York-based Cornell Capital, founded by a former vice chair of Goldman Sachs merchant bank, has a target of $2bn for its latest fund.

Ardian raises €4.5bn for European mid-caps

The firm raised Ardian LBO Fund VI in four months – its fastest ever fundraising.<br />

Thoma Bravo closes Fund XII on $7.6bn hard-cap

The fund is yet another Thoma Bravo investment vehicle to reach its hard-cap, and more than doubles the size of Fund XI.