Chris Witkowsky

Bregal Investments is shopping a portfolio of funds with a net asset value of about $400 million on the secondaries market, according to three people with knowledge of the process.

As the universe of private equity limited partners expands to include massive pools of capital like sovereign wealth funds, firms are working to find ways of satisfying growing appetite for specially tailored accounts that meet specific investment needs.

NGP Energy Capital Management, the veteran energy firm backed by The Carlyle Group, has held a first close on its 11th energy investment fund on about $1.3 billion from 92 investors, according to a filing with the U.S. Securities and Exchange Commission this week.

Wynnchurch Capital has been talking to limited partners about its next fund, which could hit the market in the next month or two with a potential target of up to $1 billion, according to two people who have heard the pitch.

Here it comes again…the second shot across the industry at estimating half-year volume on the hyperactive secondaries market. Secondaries intermediary Setter Capital has estimated total market volume in the first half at about $22 billion. This is a big jump from the $16 billion reported by rival firm Cogent Partners for first half activity.

The Carlyle Group is in the market targeting about $452 million for its second “local” Brazil fund, called Fundo Brasil de Internacionalização de Empresas FIP II, according to a person with knowledge of the situation.

Is there room at the small end of the market for a new growth investment shop looking to cut VC-sized checks? Matthew Safaii is working to find out.

Patria Investimentos, the Brazil-focused private equity shop backed by The Blackstone Group, has emerged first among a group of contenders raising money for new Brazil funds.

Patria Investimentos, backed by The Blackstone Group, has closed its fifth private equity fund on $1.8 billion, beating its original $1.5 billion target, according to a person with knowledge of the fundraising.