Fundraising

TA and Insight are raising innovative funds as a way to hang on to growing assets.

The firm is part owned by Capital Constellation, a GP seeding JV between the Alaska Permanent Fund, RPMI Railpen and Wafra, which acquired a minority stake in 2018.

Banneker is among a crop of young managers raising capital to take advantage of the hyper-growth of the growth tech space.

L Capital has raised over $36.4 million for its second fund, according to an SEC filing.

Riverside Partners, a Boston-based middle-market private equity firm, has closed its new continuation fund at $532 million.

Greenbriar Equity Group has closed its oversubscribed fifth fund at $1.68 billion, beating its $1 billion target.

The fund is targeting $20bn and has seen keen interest from LPs.

The firm, formed by ex-Silver Lake executive Hollie Haynes, is among a handful of growth tech investors that have grown quickly in a market ripe with opportunities.

Capital Dynamics has closed its fifth secondaries fund at about $786 million, beating its $700 million target.

Twin Bridge Capital Partners has raised $440 million for its fifth small and lower-middle market buyout fund, beating its $400 million target.