Fundraising

Co-CEO Marc Lipschultz said ‘we plan to be the leader’ in GP-leds during the firm's July 31 Q2 conference call.

KKR has tempered expectations around the speed at which private markets firms will unlock 401(k) capital at scale. Plus: Ares looks set to close its latest buyout fund at just over half the size of its predecessor. Here's today's brief, for our valued subscribers only.

The fundraising brings Dextra’s total assets under management to about $5 billion.

The fundraising brings Silversmith’s total capital commitments to over $5 billion.

The recently launched Kinterra Critical Materials & Infrastructure Opportunities Fund II has already met its goal, a source told Buyouts, and is expected to close by year’s end.

Architect focuses on companies within the diversified industrials, business services, and consumer staples sectors, typically with revenues between $50 million and $750 million.

Lexington Co-Investment Partners VI, launched in December 2023, has a target of $4bn, and has so far raised $3.75bn.

Defying a tough fundraising climate, the pool smashes its target while generating real-time cashflow and DPI.

The fund aims to bolster local economies with investments.

Fund IV builds on Heritage Group’s strategy of making minority and majority investments in healthcare services and technology businesses.