Emerging Managers

Truelink Capital II is expected to hold a first, and possibly final, closing in the first quarter of next year, according to pension documents.

Launched in the summer, OceanSound Partners Fund III has a hard-cap of $2.9bn and is expected to hold a first close 'imminently,' sources told Buyouts.

Many managers will continue to raise continuation vehicles, but others are taking more drastic action to escape the inertia of a stalled market.

'Narrow' lower mid-market investment focus, discipline on fund size, demonstrable DPI history all helped fuel the six-month fundraise, Teleo partner tells Buyouts.

Speyside acquires underperforming manufacturing businesses in the lower middle market.

Fund II will focus on acquiring software divisions of large corporations.

The firm, which launched with a deal-by-deal model, has invested heavily in operating partners as part of its investment thesis.

Fund III will target North American companies within the tech-enabled business services and consumable products industries.

Bucking the industry trend of challenging fundraising and more time on the road, Arcline closed Fund IV in under 10 months.