Fundraising

Firm focuses on 12th North America Fund LPs not pulling back commitments despite market choppiness KKR handles $815 mln financing package for Mill’s Fleet Farm Kohlberg Kravis Roberts & Co said it’s not seeing LPs pull back from commitments to its private equity funds despite choppy financial markets, as it works to deploy its record dry […]

Carlyle Global Partners will hold companies for longer periods Firm also plans to buy back $200 mln worth of shares Q4 ENI drops to $72.7 million from $180.5 million in Q4 2014 Carlyle Group’s new Carlyle Global Partners fund raised $3 billion for its strategy of longer holding periods for portfolio companies. That was one of many pieces […]

Firm: Tuckerman Capital Fund: Tuckerman Capital V Target: $60 mln Amount raised: $25 mln Tuckerman Capital said it raised $25 million toward a target of $60 million for its fifth private equity fund that focuses on niche manufacturing and industrial services companies, according to a filing and a source. Tuckerman Capital V comes roughly four years after the […]

First change to rules in decades passed House Some with less wealth may still become accredited investors Measure yet to be introduced in Senate A measure to allow investors to become accredited by virtue of their experience and expertise even if they fall short of net worth requirements drew praise from two private equity industry groups after […]

Overall secondary volume hit a plateau last year Direct secondaries activity dropped Directs will continue to drive market The secondary market is as active as ever, but the amount of direct secondaries, like restructurings, slowed last year, according to intermediary Setter Capital. Overall secondary volume came in around $49.6 billion, Setter said in its newly […]

Bellwether Blackstone says concerns over sell-off are overblown PE allocations could be cut to re-balance falling public equities Correction was expected A sustained market correction could lead to lower private equity allocations as LPs rebalance their portfolios to make up for falling public equities. But it’s still too early to say where the market is heading, according to […]

Founded: 2001 Investment strategy: Control middle-market buyouts in North America in four key sectors: TMT, healthcare, leisure and retail, financial and real estate services. Its real estate arm invests in industrial and logics properties, technology-advantaged real estate such as data centers, residential and mixed-used development, and agriculture platforms focused on the wine industry. Key executives: […]

The vintage 2006 Thompson Street Capital Partners II fund from Thompson Street Capital Partners rang up an investment multiple of 2.0x as of May 31, 2015, for the Oklahoma Police Pension & Retirement System. That’s ahead of the top-quartile threshold of 1.7x and the median of 1.4x for that vintage year, according to public pension […]

Mid-market specialist targeting $350 mln Jefferies helps in fundraise in Europe Firm recently sold partial stake in Voss Juggernaut Capital Partners held an interim close on $309 million for its third flagship fund, according to an SEC filing. The firm set a $350 million target and a $400 million hard cap for Juggernaut Capital Partners […]

Oregon commits $500 mln to Fund VI Oregon committed $200 mln to Fund V CEO Smith said firm could have raised up to $10 bln for Fund V Vista Equity Partners set an $8 billion target for its sixth private equity fund, according to Oregon Investment Council documents. The Robert Smith-led firm did not set a […]