Fundraising

KKR is seeking to raise about $12 billion for its fourth global infrastructure fund, reported Bloomberg.

Blackstone is seeking to raise $4 billion for its fourth Tactical Opportunities fund, reported Reuters

Some of the most successful recent fundraisings have involved sector specialists, including those focused on software investing and various aspects of healthcare.

Nebraska Investment Council staff said the firm's last two funds have outpaced the rest of its holdings in that sub-asset class.

Lumerity Capital Partners has raised $19.8 million for its second fund, according to an SEC filing.

NXT Capital has closed its sixth senior loan fund at about $1 billion.

The fresh capital from Temasek will be used to anchor LeapFrog Investment’s future funds focused on Asia and Africa.

The buyout firm collected about €220m more than its original target in a fully virtual fundraising process.

At the original $1bn target and $1.5bn cap, the size of Fund V was already set to be larger than its 2018-vintage predecessor.

The firm raised the bulk of Fund VI before markets shut down in the pandemic, but still managed to solicit commitments from investors after everything slowed.