Fundraising

With the closing of FPC III, Fort Point Capital has raised more than $630 million since the firm's founding in 2011.

Scale Venture Partners has announced the final close of its eighth fund, Scale Venture Partners VIII, at $900m.

IOP focuses on acquiring and overseeing North American middle-market manufacturing businesses.

The fund's LPs include Todd Boehly-led holding company Eldridge and Finback Investment Partners, a private equity firm chaired by ex-Florida governor Jeb Bush.

Performance may give Greenbriar an edge in a difficult fundraising environment. Fund V was as of March earning an 84% gross IRR, while Fund IV was earning a 76.3% percent gross IRR.

While fundraising overall has slowed amid broader economic uncertainty, emerging managers have a challenging job in convincing limited partners to make commitments outside their established relationships.

The findings come as PE fundraising has slowed precipitously from the peaks of the past few years.

The Kyiv-headquartered firm is 'leaving no stone unturned' in supporting its portfolio companies, says founder and chief executive Lenna Koszarny.

The findings come as PE fundraising has slowed precipitously from the peaks of the past few years.

Rising rates – reinforced this week by the Federal Reserve’s vow to continue battling inflation – are motivating LPs to explore asset classes which provide some measure of refuge. One of the beneficiaries appears to be private debt.