Fundraising

OpCapita hits €350m hard-cap on Fund II – Exclusive

The fund, the UK turnaround firm’s first 10-year closed-ended vehicle, is more than three times larger than its predecessor.

Livingbridge holds final close on eighth fund

At £660m, the fund is almost twice the size of its £360m predecessor.

Private Eye: Madison Capital sets goal of doubling size of tech portfolio

Lone Star looks to lasso $6 bln for Lone Star Fund X

Black Toro Fund II to close on €350m in Nov – Exclusive

Spanish special situations manager Black Toro’s second fund, which is on track for a final close, has just announced a €30m investment in women’s shoe retailer Marypaz.

Kline Hill beats $120 mln target, heads for $180 mln hard cap

BCG: PE war chests to prop up faltering M and A

Deal volume and value fell in the first half of 2016, but private equity’s growing firepower is expected to support future M&A activity, a report by Boston Consulting Group says.

Chart of the week: Fund sizes spike in 2016

AEA’s third small business fund beats target with $443 mln

CD&R acquires $800m Drive DeVilbiss

The deal for the medical products manufacturer comes as the US buyout firm explores LP appetite for a tenth fund which could target at least $8bn.