Emerging Managers

SQ was the lead buyer of the $160m CV for portfolio company TeamDynamix, done in an off-market deal with no bankers involved, sources told Buyouts.

Fund III’s LPs include endowments and foundations, investment advisers and fund-of-funds, public and private pension plans, family offices, and financial and insurance institutions.

Dallas ascribes a strong environment for new firm formation to a few factors, including, perhaps surprisingly, the rise of continuation funds, along with growing LP appetite.

Healthcare Fund VI closed at over $625 million and Search Fund II raised almost $225 million.

Fund II’s LPs include public and private pension plans, insurance companies, family offices, foundations, investment consultants, sovereign wealth funds, and funds of funds.

MIF III targets mid-market infrastructure assets across North America.

Flagship Fund III targets growth and mid-market private equity opportunities in the energy tech industry.

Niobrara Capital was in June named one of Buyouts’ ten emerging managers to keep an eye on in 2025.

In some cases, LPs are leaving long-term relationships with managers that have not paid off in ways they expected, creating opportunities for new players.

Point 41 Capital Partners I’s limited partners include endowments, insurance companies, fund-of-funds, family offices, and high-net-worth individuals.