Home Fundraising
Fundraising
Ardian Capital Asia IV had attracted $66.4m-worth of commitments as of 10 May, according to documents seen by PEI.
The firm has ‘had its arm bitten off’ by investors trying to get into Fund VIII, which will be nearly 60% larger than its predecessor.
In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. This year we met the man charged with riding to the rescue.
The special situations investment shop is expected to invest in fewer than 20 companies.
Warburg Pincus Financial Sector, the private equity firm's debut vehicle focusing on investments in the sector, had an initial target of $1.6bn.
The firm is expected to begin accepting commitments for the $500m vehicle in Q1 2018, according to a source familiar with the matter.
The North American market was dominated by big fundraises and soaring asset prices.
From momentous hires to strategy advice from those at the top, here are the stories that most piqued the interest of PEI readers this year.
Fundraising for this year is already higher than last year and includes four funds that closed above $10bn.
The year delivered strong exits for GPs, increased dealflow in Japan, South Korea and Australia as well as a pick-up in fundraising.