Fundraising

LPs are being quite selective on their commitments, culling their portfolios and shrinking pledge sizes as they contend with overexposure issues and tight liquidity from slowing distributions.

Nexa raised an additional $150 million through deal-specific co-investment vehicles, bringing the firm’s total private equity capital under management to over $330 million.

The amount Insight is seeking is roughly in line with the amount closed on its predecessor in 2022.

The fund's target is 350 million euros.

The initial target was 2 billion euros.

The healthcare-focused firm has more than doubled its firepower for its latest buy-and-build-focused vehicle.

The firm is pushing ahead with fundraising even amid the tougher environment, which is marked by limited partners contending with overexposure to the asset class and tighter liquidity positions from slowing exit activity.

PEI’s global editorial team comes together to discuss how a perennial heavyweight reclaimed the top spot after sliding last year, and other results from the 2023 PEI 300 fundraising ranking.

Sponsors took an average of 13.4 months to reach the finish line, well above annual averages stretching back to the financial crisis.

NGP Energy Transition IV is focused on investing in companies that drive or enable the growth of renewable energy.