Fundraising

The fund is focused on helping low income workers and workers of color to become owners/operators of businesses.

Advent International, Thoma Bravo and KKR led the pack of 2022’s biggest capital raisers.

While LP behaviour was heavily influenced by allocation limits this year, there are reasons for GPs to remain optimistic heading into 2023.

As of December, the firm had raised three-quarters of the $20bn target for Clayton, Dubilier & Rice Fund XII, sources told Buyouts.

The fund will invest in climate solutions.

The goal is to back treasure assets that sponsors are trying to hold and grow, even when they run up against structural fund issues like tapping out reserve capital.

Linse Capital, founded by former Kleiner Perkins partner Michael Linse, has raised $700m in fresh capital. About $563m of the total will go to Linse Capital Fund I, which will invest in a 'select handful of new companies per year, investing between $100m and $400m in each business over time.'

The Carlyle unit's Atom Fund comes as the firm bids farewell to one of its co-heads and focuses more on credit.

At $3.3bn, Fund VII would be the largest pool in Levine Leichtman’s nearly four-decade history. It would be 32% larger than Fund VI, closed in 2019 at $2.5bn.

Apollo, Blackstone, now Carlyle Group… a confluence of events is leading to a tough year ahead for capital raising.