Fundraising

Avance Investment Partners II is capped at $1.75bn, a person with knowledge of the fundraising told Buyouts.

Heritage Europe III’s limited partners include public and private pensions, insurance companies, endowments, foundations, consultants and family offices.

A look at the risks facing GPs setting up shop in the Middle East. Plus: Bain Capital's David Gross shares his tips on investing in uncertain times and Morgan Stanley raises its latest fund. Here's today's brief, for our valued subscribers only.

The fund will invest in the US mid-market.

Arrowsmith today heads JMI, according to pension documents, marking a quietly executed succession since two years ago, when he shared that responsibility with founder Harry Gruner.

The tech and healthcare investor is understood to have already raised more capital for its sophomore Spark II vehicle than its predecessor's final amount.

Long focused on the North American mid-market, Charlesbank is raising the new flagship as limited partners are paying more attention to mid-cap and smaller funds.

The fund, Post Oak Energy Partners V, closed at $600 million in May 2025.

The geographic underrepresentation of PE firms of Seaside’s caliber in the Western US gives the firm a sourcing advantage, according to founding managing partner Andrew Thompson.

Fund exceeded its $1 billion goal, and aims to take advantage of a defining fundraising characteristic in the current market.