Fundraising

US private equity market participants anticipate valuations to decline and deal flow to accelerate in the next 12 months, with a horizon set for possible regulatory and policy changes.

The growth and mid-market buyout arm of TPG has partnered with U2 singer Bono and 11 other investors to focus on seven sectors for impact investing for ‘The Rise Fund’.

This is the firm's first investment in iCapital, which has previously received funding from Panorama Point Partners and Pivot Investment Partners among others. 

Fundraising figures for 2016 are already higher than the previous year, and include three funds closing above the $10bn mark.

The European firm’s latest fund, Apax IX, is about 20% larger than its previous fund that closed in 2013.

Thoma Bravo just closed Fund XII on $7.6bn, twice the size of its predecessor. Managing partner Orlando Bravo talks about how the firm evolved from a generalist private equity shop to a software specialist, and his own role in that transformation.

The Blackstone unit raised the hard-cap on its latest fund and is expected to hold the final close by the end of January, Secondaries Investor has learned.

Kohlberg Investors VIII, which launched earlier this year with a $2bn target, closed on its $2.2bn hard-cap.

At the end of last year we made five predictions for 2016; let’s see how we did…

West Street Capital Partners, Goldman Sachs’s seventh buyout fund and its first since 2007, is targeting $5bn and has already made two investments.