Fundraising

Quad-C Partners has raised over $1.2 billion for its tenth fund, according to an SEC filing.

The new entity – Bee Alternatives – plans to raise approximately $280m across two feeder funds, one managed by the firm and another by Ant Capital.

Avesi, which is marketing a debut fund, will make control investments in lower mid-market companies in healthcare services, healthcare tech and business services sectors.

A few of my sources explained they have blown through their annual commitment budget already (halfway through the year) and may not be looking to make any more commitments until next year.

Heartwood Partners has raised nearly $300 million for its fourth fund, according to an SEC filing.

Nordic Capital's closing of the Evolution Fund comes less than a year after it gathered €6.1bn for its largest flagship fund.

We present PEI Media's 60 Women of Influence in Private Markets.

Leeds Illuminate appears to expand the strategy of Leeds Equity, a control investor in mid-market companies in education, training, information services and other knowledge sectors.

Leeds Illuminate is seeking to raise $500 million for its inaugural fund, according to an SEC filing.

The Vistria Group, a middle-market investment firm, has closed its fourth fund at $2.68 billion, beating its $1.5 billion target.