Fundraising

Fund II closed at its hard cap several months after launching.

Despite a recent drop in deal activity and fundraising, private equity in the Nordic region has been catching the eyes of investors due to attractive returns.

Fund IV's LPs include U.S. insurance companies, public pension plans, and family offices.

The firm's previous fund closed in late 2021 at over $1.1 billion.

The fund is expected to reach its hard-cap within six months of a first close, held in May, sources told Buyouts, indicating that a final close should take place before year’s end.

Norwest Equity Partners XI will focus on middle-market buyouts.

MetLife Investment Private Equity Partners II purchased a portfolio of approximately $860 million of private equity and equity co-investment interests as part of a managed secondary sale transaction.

Behrman Capital VII, launched two years after the close of its $422m predecessor, is expected to wrap up in the third quarter.

TPG ascends to the third slot on the Buyouts 100, in no small part because of its astute early picks of new growth areas.

Although the Buyouts 100 has its usual suspects at the top of the heap, what’s especially notable this year is its number of freshman entrants, led by tech buyout shop STG.