News

West Coast Equity Partners has raised $50 million for its new fund, according to an SEC filing.

Arc70 Capital has closed its third fund at $550 million, beating its $400 million target.

Trinity Hunt Partners, a middle-market private equity firm, has closed its sixth fund at a hard cap of $460 million, beating its $400 million target.

The US public pension backed four private equity funds in its latest round of commitments.

Japanese LPs seeking exposure to US venture capital are instead being shepherded towards larger growth funds. Plus: a former BC Partners and OMERS exec is on the move and CalSTRS outlines its roadmap to net-zero. Here's today's brief, for our valued subscribers only.

Silicon Valley GPs are urging international LPs to back their larger growth funds in lieu of VC offerings due to capacity constraints, Masashi Kataoka, head of the $350bn insurer’s venture unit, tells PEI.

The system’s national private equity portfolio underperformed the Cambridge US PE Index by 1.44%, even as the program experienced a $295m net gain in Q1.

Platinum’s single-asset deal would be one of several in the market, with an expectation that more will be coming as the secondaries market heads for record activity levels this year.

Comvest Partners is seeking to raise $1.1 billion for its sixth fund, according to an SEC filing.