AltAssets Private Equity News

NewVest has raised $180m for its sophomore PE fund – making it more than 30% larger than its debut vehicle in the strategy NewVest PE50 2024 will provide investors with access to “50 of the largest private equity funds for the 2024 vintage period”, which are collectively targeting more than $370bn in capital commitments. Read the full story here: https://lnkd.in/d3-C_SBy #privateequity #fundraising #news Edward Talmor-Gera

CC Capital has brought in former Coller Capital, CVC and Tikehau Capital investor relations specialist Rabeeh Ajjour as head of fundraising and IR Ajjour kicked off his career a decade ago in business development and capital raising at secondaries PE major Coller Capital, before moving to a similar role at buyout giant CVC. Read the full story here: https://lnkd.in/dthusDus #privateequity #news

Media, entertainment and communications-focused private equity house  Shamrock Capital has scored $1.6bn across a pair of new fundraises The firm quickly beat its $1.25bn hard cap for Shamrock Capital Growth Fund VI, which was only launched in Q1, and collected about $320m for smaller-cap Clover Fund I. Read the full story here: https://lnkd.in/dsYtyfkS #privateequity #fundraising #news

H.I.G. Capital has closed its oversubscribed $2bn U.S lower middle market fund H.I.G Capital Partners VII Fund VII, according to H.I.G, continues the company’s highly successful strategy of making control equity investments in US’s lower middle-market companies Read the full story here: https://lnkd.in/ezr6vikD #privateequity #fundraising #news

Adams Street Partners has held the final closing of the Adams Street 2024 Global Fund Program with $1.1bn in commitments The Global Fund Program is formed to provide access to some of the world’s best small-to-mid growth private companies through a target, global private equity portfolio. Read the full story here: https://lnkd.in/e4KXdikM #privateequity #fundraising #news

You don't want to miss the top 5 most popular private equity stories this week 👇 1. Oil, gas investment veteran EnCap Investments L.P. seals $6.4bn for new flagship fund, co-invest vehicles 2. L2 Point raises almost $460m across debut fund, co-invest vehicles 3. Abu Dhabi sovereign investor Mubadala Capital collects $3.1bn for latest private equity fund 4. Linden Capital Partners eyes up to $4.5bn for latest flagship healthcare fundraise 5. Lead Edge Capital leads investment in Liberty Hall Capital continuation fund for Comply365 #PrivateEquity #TopStories

Resurge Growth Partners has launched a “venture equity” fund designed to bridge the critical gap between VC and private equity for high-potential European and Israeli scaleups The London-based firm will aim to invest more than €120m via the vehicle over the next three years, with nearly half of the capital already committed from the founding GPs and an unnamed “leading family office”. Read the full story here: https://lnkd.in/eT76cXgT #privateequity #news

Trivest Partners has picked up $730m for the final close of its third non-control Growth Investment Fund after just two months in the market The oversubscribed raise brings Trivest’s assets under management to more than $6bn across its Discovery, Mid-Market, Recognition and Growth Investment Fund strategies. Read the full story here: https://lnkd.in/eH4wuC4B #privateequity #fundraising #news

Morgan Stanley has raised about $2bn for its second North Haven Tactical Value Fund, which targets credit, hybrid and non-control equity investments Fund II is almost 50% larger than the $1.4bn debut fund in the strategy Morgan Stanley raised in 2018. Read the full story here: https://lnkd.in/eS5wUaeH #privateequity #fundraising #news Thomas F. Cahill, Jr.

Siparex has beaten the hard cap for its fourth mid-market fundraise through a €300m final close The raise is more than 75% larger than Siparex Midcap 3 from 2018, and will be used to “transform growing SMEs into benchmark mid-caps”, the firm said. Read the full story here: https://lnkd.in/eYPQjNPy #privateequity #fundraising #news