Fundraising

The Miami-based private equity firm known for investing in family and founder-owned businesses will be seeking non-control investments in addition to their traditional buyout strategy.

HQ Capital’s latest fund of funds includes a US and European vehicle, respectively seeking a blend of primary and secondary investments.

The Nordic buyout firm’s fifth vehicle held a close after nine months of fundraising.

The $564m fund, the firm’s largest secondaries vehicle, will focus on smaller portfolios and complex deals.

Getting the passport before Brexit is crucial to avoid a period when managers would be unable to access EU investors.

The growth equity firm drew in commitments from LPs such as New Mexico Educational Retirement Board.

The investment bank had raised around two-thirds of the target for its latest secondaries fund a month after launching.

North Haven Capital Partners VI is targeting $1.5 bn to target mid-market companies primarily in North America.

The firm has held a final close on its seventh fund, Auda Capital VII, which specialises in primary and secondaries investments in the US and Europe.

The firm has raised DKr 1 billion from local pension giants ATP and PFA for a new fund.