Fundraising

To date, Brookfield Capital Partners VI has committed about $4 billion to acquire six businesses.

DW Healthcare Partners is a Toronto and Park City, Utah-based healthcare private equity firm.

Abry Partners has made an investment in CCS Fundraising, a fundraising consulting firm.

Nearly $475bn of fresh capital was secured by 854 buyout, growth equity, venture capital and other PE vehicles in 2021, up 19% from $399bn raised a year earlier, according to data from affiliate title Buyouts.

Fundraising this year is being fueled by established firms such as Blackstone Group, Vista Equity, Thoma Bravo and others launching new funds at quick pace.

Blackstone's assets managed are expected to hit the $1trn mark in the year ahead, chairman and CEO Stephen Schwarzman said.

The 10 largest funds, including Hellman & Friedman Capital Partners X and Clayton, Dubilier & Rice Fund XI, gathered $153bn between them and accounted for one-fifth of fundraising last year.

Drivers of 2021's robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also feature in 2022's market.

Fund X took under four months to raise after launching into market in December. 

The fund leverages Veritas's deal flow.