News

MiddleGround is among a handful of early managers looking for capital in an uncertain market.

Sorenson Capital Partners has raised over $133.24 million for its fourth fund, according to an SEC filing.

The asset management giant wants to nearly double its annual private markets activity across Asia-Pacific, Michael Dennis, head of alternatives for the region, tells PEI.

Lightyear Capital has raised nearly $466 million for its fifth fund, according to an SEC filing.

In a competitive US healthcare deal market, Accelmed's strategy puts it “below the radar of the big guns,” managing partner Uri Geiger told Buyouts.

The firm is among a group of emerging managers testing a market that has been slow to open up to newcomers.

San Francisco-based Revelation Partners, a secondary healthcare investor, has closed its third fund at a hard cap of $350 million, beating its $300 million target.

European private equity Triton has closed its second lower mid-cap fund at 815 million euros, beating its target of 600 million euros.

The fund, backed by existing and new LPs, gives the firm $1.5bn in total AUM. Partner Chris Arsenault says the firm came to market with the vehicle sooner than expected.

The European manager's latest lower mid-cap fund raised €815m, well over its €600m target and 80% more than its 2017-vintage predecessor.