Fundraising

At its new total, Blackstone Capital Partners IX could be only several months away from wrapping up.

It comes down to strategy, performance and the ability to return proceeds to LPs in a reasonable time frame, according to Alex Wolf, founder and managing partner of Kingswood.

CCMP IV is focused on middle-market companies in the North American consumer and industrial sectors.

In a brutal fundraising market for emerging managers, commitments from GCM Grosvenor/CalPERS and New York Common provide a leg up for Excolere’s debut vehicle, recently rolled out with a $400m target.

Via its Capital Constellation platform, the NY alternative manager is adding a European software data-focused PE firm to its sizable portfolio of GP investments.

The Paris-based manager is set to be back in the market with its sophomore secondaries fund in early 2025, following closes for its flagship and emerging manager funds.

NewView was spun out of Silicon Valley venture giant NEA in 2018 through a $1.35bn secondaries deal backed by Goldman Sachs and Hamilton Lane.

The Brookfield platform, which provides flexible, structured capital solutions, has a deal pipeline that is 'stronger today than it ever has been,' managing partner Olivan told Buyouts.

H.I.G. Europe Realty Partners primarily targets investments in the middle market real estate segment in Europe.

The fund was closed in partnership with Alpinvest and includes a portfolio of private equity fund stakes and co-investments in buyout funds with more than 30 private equity managers.