Fundraising

Emerging managers draw praise, advice from LPs, colleagues

Avenue expects final close at year end for Europe Fund III

Crestline targets up to $1.25 bln for Fund III

New firm Angeles Equity reaches $100 mln first close

Angeles Equity Partners, headed up by executives who left the Gores Group in 2014, recently held a first close on $100 million for its debut fund, according to two sources.

Get your Q3 2015 Private Equity slideshow

Here are the key statistics in private equity fundraising, deals and exits for the third quarter of 2015.

Market at a glance

Thoma Bravo to seek $5 bln or more for next fund: sources

Thoma Bravo Managing Partner Carl Thoma sounded the alarm earlier this year: LPs should expect private equity returns to come down, and should probably give GPs less money.

Thoma Bravo quietly raises debut middle-market fund

Thoma Bravo, which is pre-marketing its 12th flagship fund, is wrapping up fundraising on its debut middle-market fund, Thoma Bravo Discover Fund, according to a marketing document sent to LPs this week and seen by Buyouts.

Weston Presidio spinout cruises toward $250 mln target

BET founder's RLJ Equity Partners is back with Fund II