Sam Sutton
Average time to close falls to 12 months, per Preqin Average fund size more than doubled compared to 2013 Fundraising environment extremely active: researcher Massive reinvestment in private equity has sped the average amount of time it takes firms to raise new funds. The average fund closes after a year on the market, year-to-date, according to […]
Oaktree marketing fund since 2015 Combined vehicle targets $3 bln, $4 bln hard cap Fund receives $100 mln pledge from Illinois Municipal in May Oaktree Capital Management will split its new infrastructure fund into two sector-specific vehicles for investments in the transportation and energy sectors. Oaktree Transportation and Energy Infrastructure Fund, which the firm had been […]
New fund is more than double size of 2016 vintage fund Hamilton Lane held initial public offering in March LPs include pension funds, insurers, endowments Hamilton Lane closed its annual credit fund on $435 million, surpassing its target by $185 million, or 74 percent. Hamilton Lane Strategic Opportunities Fund 2017 will invest in credit assets […]
Hamilton Lane held public offering in March Separate-account business grew to $18 bln from $17 bln year-over-year Firm collected $172.7 mln in management fees Hamilton Lane is tracking sovereign-wealth funds, high-net-worth individuals and “inevitably” retail investors as areas in which it could pick up new advisory or separate-account clients moving forward, the firm said in its […]
Minnesota commits $100 mln to new fund Fund V charging LPs a 1 pct management fee Asia Alts’ 2012 fund netting 15 pct IRR Asia Alternatives returned to market with a new flagship fund-of-funds targeting $1.3 billion, part of which will be used to back new managers, Minnesota State Board of Investment documents show. The […]
New fund offers discounts to existing LPs Fund I netting 17 pct IRR, 1.2x multiple Minnesota backs new fund for $100 mln Avenue Capital Group is marketing a second energy-focused distressed-debt fund just two years after raising its debut vehicle for the strategy. Avenue Energy Opportunities Fund II is targeting $1 billion for investments in North […]
New fund to provide loans to mid-market companies KKR Lending Partners II closed $1.34 bln in 2015 Fund II netting a 16.2 pct IRR through Dec. 31 Kohlberg Kravis Roberts & Co set a $2 billion target for its newest direct-lending fund, almost a 50 percent increase from the $1.34 billion it raised for its […]
HarbourVest fund has a $1.5 bln hard cap New fund targeting 15-20 pct net IRR, 2x multiple Fund IV has already called $513 mln for investments HarbourVest Partners is set to close its latest co-investment fund on its $1.5 billion hard cap in late June, a fund presentation released by Ventura County Employees’ Retirement Association shows. […]
Onex will likely be largest investor in Fund V Commitments from investment-team members also seen Onex Funds I-IV grossing 20 pct IRR in aggregate Onex Corp will commit $2 billion to Onex Partners’ flagship buyout fund, which is targeting $6.5 billion, investment memos released by New Jersey State Investment Council show. Individual members of Onex Partners V’s investment […]
Altaris previous fund raised $513 mln Fund III netting 46 pct IRR through Dec. 31 Connecticut mulls re-up to Fund IV Altaris Capital Partners is back on the market with a new healthcare-focused fund targeting $800 million with a $1 billion hard cap, investment memos obtained via open-records requests from the Connecticut Office of the […]