Fundraising

Audax offers 1/30 or 2/20 fee/carry split Fund V cap at $2.25 bln, not clear if that includes GP commitment Firm already raised $1.5 bln Audax Group offers a choice of management fee/carried interest structures in its next flagship private equity fund: a 1 percent management fee and 30 percent carried interest rate, or the […]

TSG Consumer Partners is back on the market with its seventh flagship fund targeting $2 billion, according to an LP source with direct knowledge of the fundraising.

Resource Land Holdings plans to raise $300 million for its fifth buyout fund since the Denver-based firm launched in 1998 for opportunistic investments in agricultural, timber and mining properties in the U.S., according to a filing.

Firm: Cinven Partners LP Fund: Sixth Cinven Fund Target: ~$5.5 bln Cinven is readying a formal fundraising effort this fall for its sixth flagship fund, targeting about 5 billion euros ($5.5 billion) with about half of the commitments expected to come from U.S. limited partners seeking access to European buyouts, according to two sources familiar […]

Q&A with Jeri Harman, CEO, co-founder and managing partner of lower middle-market lender Avante Mezzanine Partners.

Energy fundraising hits $21 bln in H1 Deal environment for energy remains volatile PE invests $32 bln in B2B deals in Q2 Private equity investment in U.S. energy deals could surge over the next several years, according to a second quarter activity report from the Private Equity Growth Capital Council. The study, which cites Pitchbook data, […]

Citco Fund Services started out as a hedge fund administrator in the late 1960s with George Soros as a noted early client. As hedge funds diversified into other asset classes in the mid-1990s, Citco morphed with them and began servicing a broad variety of alternative fund managers, including private equity and real estate managers. 

Crestline-Kirchner Private Equity Group sees has been staffing up to tackle the burgeoning secondary market for private equity funds.

First time private equity managers are collecting fresh capital at the fastest pace since the financial crisis, according to information released by private equity marketplace Palico.

Here are the key statistics in private equity fundraising, deals and exits for the third quarter of 2015.