Fundraising

Emerging manager fundraising has slipped, especially for first-timers, in the fundraising slowdown.

Half-year fundraising dropped by a fifth year-on-year to $315.5bn across just 508 vehicles that held final closes over the period.

Bain Capital Insurance Fund LP's investors include institutional investors and high-net-worth individuals and families.

Fundraising has continued to slip overall, with a handful of funds finding their way to final closes, and everyone else struggling to hit their numbers.

DK Opportunities Fund VI targets investments in less liquid, longer-duration situations arising from capital dislocations, motivated sellers and substantial asset or structural complexity.

Clairvest is one of a few private equity shops raising capital quickly at a moment when many GPs are forced to extend timelines due to tough supply conditions.

The firm is among a group of first-timers and other emerging managers seeking capital from increasingly reticent limited partners content to stick with their deepest relationships.

MPE Partners IV will invest in entrepreneur- and family-owned companies in the business-to-business manufacturing and services sectors.

Riverside Value Fund I invests in North American businesses undergoing operational transformation or facing complex situations or unique challenges.

With the addition of the two funds, Shore now has over $6 billion assets under management.