Fundraising

Saothair was formed in 2019 by a team of former executives from KPS Capital Partners, led by founders Kevin Madden, managing partner, and Richard Lozyniak, operating partner.

Advent believes there are three reasons why private capital has a role to play in defence investing. Plus: Warburg is seeking $17 billion for a new flagship; and Hamilton Lane targets Asia with its latest evergreen. Here's today's brief, for our valued subscribers only.

Warburg enters its flagship fundraising campaign under new leadership. Last year, it named Jeffrey Perlman as CEO, replacing Chip Kaye.

The firm invests in thematic areas that include product engineering, cloud services, cyber security, data analytics, marketing and information services, digital operations and more.

Fundraising for the members on the list fell, from $2.01trn last year to $1.98trn this year – a first since we started compiling the list in 2021. We welcome newcomers New Mountain Capital and Sterling Group.

Well-known names on our list respond to the possible effects of a foreign retreat from investments in the US.

In an otherwise dreary market, the sector continues to be resilient, as shown by the performance of Thoma Bravo, Insight, Vista and Silver Lake on our list of the largest North American fundraisers.

26North's private equity platform is led by Mark Weinberg, a former managing partner at Brookfield Asset Management.

Foreign investors feel 'underallocated' to US mid-market, MSCP’s Aaron Sack told Buyouts.

Captona is targeting about $1bn for the fund, which will advance the firm's strategy of making carbon-reducing investments in energy infrastructure assets, sources told Buyouts.