North America

TPG races to $3.2 bln cap on third special situations fund

TPG has essentially hit its hard cap of $3.2 bln for its third Opportunities Partners fund after about six months in the market, with so much demand that most LPs could only get about half the commitment size they wanted.

KKR closes oil and gas fund on $2bn

<p>The firm has deployed more than $350m from its energy income and growth strategy.</p>

Ampersand collects $103m for latest fund

<p>The healthcare-focused firm is seeking $300m for its Ampersand 2014 Limited Partnership.</p>

Twin Bridge closes third FoF on $452m

<p> The Chicago-based firm closed its Pacific Street Fund III on its target.</p>

Canadian fundraising reaches highest level since 2006

Fundraising in Canada tripled in 2013, while deal volume rose to the highest level since 2008.

Oak Hill hires former Honeywell exec

The firm has added to its operating team by hiring Michael Schrock as a senior advisor.

Dallas firm beats target with $90m close

<p><span lang="EN-US">Teakwood Capital closed its oversubscribed Fund III without using a placement agent.</span> </p>

Illinois Municipal commits $125m to private equity

<p>The $33bn system committed to Vista Equity Partners and five mid-market funds. </p>

Oakley lands North Sails parent

The deal comes as Oakley targets €500m for its latest fund.

In memoriam: Joe Dear

<p>The former CalPERS CIO was an influential figure whose insight, leadership and candour will be sorely missed.</p> <p> </p>