Fundraising

Fund II and the European sidecar were each raised in a single closing and completed in less than four months.

Opened in June, according to Buyouts data, Ridgemont Equity Partners V is expected to close in the third quarter.

Its predecessor – the 2021-vintage Crown Asia-Pacific Private Equity V – raised $1.65bn against a $1bn target.

'While the corporate private equity market broadly has faced criticism for low levels of capital returned to investors, we’ve defied that trend,' CEO Harvey Schwartz said in the firm's Q2 earnings call.

Launched in mid-2024, AUA Private Equity Fund III has so far secured $241m, pension documents said, and is expected to wrap up sometime this year.

Fund I’s limited partners include pension funds, insurance companies, asset managers, foundations, endowments, family offices, and high-net worth individuals.

Fund III’s limited partners include endowments, charitable foundations, public pension funds, global financial institutions and family offices.

The lower mid-market GP is aiming to improve on its $250m raise from 2020, this time targeting $300m.

The firm closed $525 million for its third special opportunity fund and $500 million for its second digital infrastructure fund.

The global fundraising market saw its most muted first half since the covid-19 pandemic with $383.6bn raised in H1 2025, according to PEI data.