News

Fund XVIII will target investments with buyout fund managers primarily focusing on less than $1 billion in committed capital.

Cove Hill earlier this year invested in Incident IQ, a workflow management platform for K-12 school districts.

The manager specializes in lower mid-market media and communication companies.

Recently rolled out by the New York manager, Kinderhook Capital Fund 8 is expected to wrap up by the end of this year, sources said.

The fund will accelerate the growth of pharmaceutical services companies.

The Mumbai-based manager, which closed a $700m continuation fund in April, will begin fundraising for its 10th flagship this year, PEI understands.

As secondaries activity accelerates, more traditional buyout shops are exploring adding these capabilities.

ITP V's investor base includes new and existing LPs in Europe, North America, Asia and the GCC.

Clearlake reports recently seeing a major uptick in exits: over 2021-23, gross realizations totaled $17bn, almost triple the volume over 2018-20.

The strategy is not new to Brookfield, which has invested at least $5bn in financial infrastructure companies.