Fundraising

Unslakable investor thirst for the asset class has contributed to some of the best fundraising conditions in history and led to concerns over how managers are putting that money to work.

The St. Louis, Missouri-based investment firm targets lower middle-market companies.

The fund seeks to capitalize on the global transition toward clean energy solutions.

Boston and Montreal-based Spring Lane Capital, a private equity firm, has raised about $151 million for its second fund.

The software specialist has raised at least $8bn more than its initial target for Fund XII, meaning the vehicle is already more than twice the size of its 2019-vintage predecessor.

The European giant will not rule out a dedicated life sciences growth fund in the medium term, co-head of global healthcare Michael Bauer told PEI.

The launch of Warburg Pincus’ latest flagship comes as growth equity is experiencing a historic run in the private equity fundraising market.

Avenir Growth Capital has raised $694 million for its fourth fund, according to an SEC filing.

Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, has closed its sixth opportunistic equity fund at over $2.75 billion.

Centerbridge Capital Partners is seeking to raise over $3.31 billion for its fourth fund, according to an SEC filing.