Fundraising

MPM Capital has raised $850 million for its second oncology impact fund, beating its $650 million target.

LibreMax Capital has raised about $225 million for its structured opportunities fund.

Harrison Street has closed its eighth real estate fund at a hard cap of $2 billion, beating its $1.5 billion target.

Clearlake's flagship fund and third opportunities fund are together expected to secure $14bn to $15bn in committed capital, sources told Buyouts.

Hildred Capital Management has raised $239.5 million for its second fund, according to an SEC filing.

The firm, which counts Madison Square Garden Company's former CEO as a co-founder, takes passive stakes in sports franchises.

Balance Point Capital has closed its fifth fund at about $580 million, beating its $425 million target.

Thomas H. Lee Partners has closed its ninth flagship fund at a hard cap of $5.6 billion.

KKR has closed its third real estate fund at $4.3 billion.

Vista, in raising its own credit funds, is like other tech-focused firms like Thoma Bravo and Francisco Partners, which raised its debut credit pool last year.