Fundraising

Gallant Capital Partners Fund II's LPs include existing investors and new global institutional investors.

The fund's LPs include pension plans, endowments and foundations, family offices, institutional consultants, asset management firms and insurance companies.

Alpinvest was the lead investor.

Prospect Partners Fund V's limited partners include endowments and foundations, family offices, wealth managers, and fund of funds across the US.

The fund's investors include institutions in Europe, Japan and North America.

The $865m fund will be invested by a new growth team led by former TCV general partner Shalini Rao and including alumni of Bessemer Venture Partners, EQT Group, Insight Partners and Bond.

Deal attribution is a major factor in helping potential fund investors understand the track record of the founders.

StepStone Secondary Opportunities Fund V's limited partners include sovereign wealth funds, public and corporate pension funds, endowments, foundations and family offices.

The New York manager, an investor in complex and regulated sectors, said in a pension presentation it had closed and circled more than $1.7bn for Fund VI.

‘It's the golden age of flexible capital,’ Angelo Rufino, Bain's head of North America special situations and corporate special situations in Europe, tells Buyouts.