Emerging Managers

Maple Park Capital Partners Fund I, opened in January, raised $125m against a $250m target in a first closing held in March, sources told Buyouts.

As traditional exits remain sluggish this year, GPs are getting creative in finding ways to deliver liquidity to limited partners in older funds.

Fund III’s limited partners include large public and corporate pension plans, insurance companies, endowments and foundations, and multi-family offices.

ABC Impact Fund II’s LPs include Temasek, the Asian Development Bank, Mapletree Investments and SeaTown Holdings.

Lock 8 will target majority investments in B2B SaaS and tech-enabled services businesses.

Tac Opps II’s limited partners included public pension funds, sovereign wealth funds, foundations, asset managers and family offices.

Fund III is focused on investments across the energy value chain.

Fund II will continue Excelsior’s strategy of investing equity in solar, energy storage, wind, and other energy transition projects across the US.

Align launched the Align Collaborate strategy in late 2023, which provides equity capital to the industry’s deal-by-deal investors.

The capital raised for ICG Europe Mid-Market Fund II represents a 300 percent increase compared to the prior fund, ICG Europe Mid-Market Fund I, which closed at €1 billion in 2019.