Fundraising

The €430m vehicle is 'the Fund 1 that we wanted to have had covid not happened', managing partner Richard Baker tells PEI.

While first-time and emerging manager fundraising has dropped, LPs say they remain interested in backing new managers, especially as some of their long-term partners in the mid-market struggle to raise new money.

Capitala invests in lower mid-market companies.

Pamlico Capital VI’s limited partners include endowments, foundations, insurance companies, family offices, pension plans, and other institutional investors.

As GPs ramp up their efforts globally to raise capital from insurance firms, Asia presents particular challenges in this regard.

Asset managers wanting to raise more capital from insurers in Asia need to raise their game, say insurance executives, as the region presents particular hurdles.

One Bow River National Defense Fund targets private, lower mid-market companies focused on delivering data and national defense solutions to the US government.

PEI last month reported that IR head Pär Norberg was stepping down from his role and that EMEA IR managing director Lena Ulrich was to leave the firm after an extended period.

Slow private equity fundraising, which entered its fourth year in 2025, remains highly challenging for new firms, with many electing to stay out of the market until conditions improve.

EC-V will target middle and upper mid-market businesses in Europe and North America.