Mid-market

NexPhase is led by managing partners Kurt Larsen and Ted Yun, and partners Jamie Kaufman, Andy Kieffer, Joel Killion and Lex Leeming, all veterans of Moelis Capital.

“While no one in the leadership team is going anywhere soon,” Northleaf managing director Jeff Pentland told Buyouts, “we want to start thinking about succession planning now rather than 10 years from now."

Seaside was founded in 2017 by Andrew Thompson, previously a managing director and partner in Wafra's direct equity group, where he focused on lower mid-market buyouts.

MKH, founded by Annette Rodriguez, a former Warburg Pincus managing director, and Miguel Heras, a former Inversiones Bahía managing director, is backed by the Motta and Kazma families.

Launched this year by former OMERS Private Equity and McKinsey executives, Venn Growth is preparing to roll out an inaugural fund with a $300 million target.

Northlane Capital Partners II will follow the strategy of its $1 billion predecessor, making control investments in lower mid-market companies in the business services and healthcare sectors.

Clearlake's latest offering is expected to hold a first close this month and wrap up in Q4 2020, Hamilton Lane, an advisor to one of the fund's limited partners, said.

Fund IX’s existing commitments already make it the biggest capital pool in Wind Point Partners' nearly four-decade history.

The succession plan "put an organization established 36 years ago on course for the next 15 years," managing partner Michael Weinberg told Buyouts.

If Madison Dearborn Capital Partners VIII meets its target, it will be the second-largest fund raised in the Chicago PE firm's nearly three-decade history.