Fundraising

MetLife Investment Private Equity Partners II purchased a portfolio of approximately $860 million of private equity and equity co-investment interests as part of a managed secondary sale transaction.

Behrman Capital VII, launched two years after the close of its $422m predecessor, is expected to wrap up in the third quarter.

TPG ascends to the third slot on the Buyouts 100, in no small part because of its astute early picks of new growth areas.

Although the Buyouts 100 has its usual suspects at the top of the heap, what’s especially notable this year is its number of freshman entrants, led by tech buyout shop STG.

Healthcare-focused capital raising almost doubled last year as the average fund size soared.

GTCR has made minority investments in the past, but Capital Solutions is a formalization of the strategy with a dedicated capital pool.

The European mid-market manager gathered almost 40% more for KLAR Partners II than its debut vehicle.

Along with the flagship fund, L Catterton is raising a fifth growth vehicle, targeted to bring in $1.25bn.

A key aspect of the firm's strategy is sourcing opportunities it believes 'would benefit from the growth of the US Hispanic population.'