Fundraising

31% of GPs said their portfolio companies had been hacked 25% of GPs admit to knowingly breaching their firm’s data security policies 50% of LPs/GPs emailed sensitive data to wrong person Nearly one-third, or 31 percent, of GPs admitted their portfolio companies had been hacked in the last three years, according to a report from IAG […]

HarbourVest targets $250 mln for debut mezzanine fund Plans to charge 12.5 pct carried interest rate Overall mezzanine fundraising soars this year HarbourVest Partners is in the market with its first ever commingled mezzanine fund targeting $250 million, according to a limited partner who has heard the pitch. HarbourVest is an investor in mezzanine debt, but […]

Firm: Ridgemont Equity Partners Fund: Ridgemont Equity Partners II Target: $900 mln Amount raised: $995 mln Placement Agent: Brooklands Capital Strategies Ridgemont Equity Partners, a middle-market buyout shop, drew in $995 million for its second buyout fund, beating its target by $95 million. The firm launched its fundraising in March, held a first close on $750 […]

Mason Wells expects first close in next few weeks Fund cap set at $600 mln Firm closed last fund on $525 mln in 2010 Mason Wells is targeting $550 million for its fourth flagship fund for middle-market investments, according to a limited partner who has heard the pitch. The firm expects to hold a first […]

Energy & Minerals Group targets $4 bln for Fund IV Held first close on $1.1 bln in October Closed prior fund on $3 bln Energy & Minerals Group is eyeing a potential second close on $3 billion for its fourth fund after collecting $1.1 billion for its first close in October, according to a person […]

Firm closed previous fund in 2011 In talks with LPs about a $5.5 bln target Not clear when fund will officially launch Berkshire Partners is talking to limited partners about its next flagship fund with a target of $5.5 billion, according to two LPs who have heard the pitch. It’s not clear if Fund IX is officially […]

Firm: Falcon Investment Advisors Fund: Falcon Strategic Partners V LP Target: $1.25 billion Placement Agent: Atlantic-Pacific Capital Falcon Investment Advisors plans to top the $1 billion mark with its fifth flagship fund, as the middle-market credit specialist hits the capital-raising trail for Fund V, according to a filing. Led by veterans from Hancock Life Insurance […]

The vintage 2010 Energy Capital Partners II-A LP, the sophomore fund from Energy Capital Partners (ECP), rang up an IRR of 21.9 percent as of December 31, 2014, for the Los Angeles City Employees’ Retirement System. That’s just above the top-quartile threshold of 21.4 percent and the median of 12.7 percent, based on a review of […]

Despite a weak fundraising market in the third quarter, a murderers’ row of some of the industry’s most sought after general partners is expected to return to market at some point in the next year, according to data from Buyouts and Bison. LPs expect technology specialist Silver Lake to return to market with the fifth iteration […]

Leonard Green back in market with Fund VII Expects first close in first quarter No hard cap set yet Leonard Green & Co is targeting $7.5 billion for its seventh fund, according to two limited partners who have heard the pitch. The firm anticipates holding a first close on Fund VII in the first quarter, the […]