Kirk Falconer
Fund VI has so far secured $2.65bn, suggesting Oak Hill has already made considerable progress in what is viewed as a tough fundraising environment.
Fundamental Partners IV is the largest pool in the firm’s 15-year history, exceeding by 44% the amount raised by Fund III in 2017.
If Kimmeridge Energy Engagement Partners II hits the $1bn cap, it will be one of the largest traditional energy pools raised in recent years.
GPs appear to understand there has been a change in tactical focus among LPs toward strategies like private debt.
Fortress Lending Fund III has so far collected nearly $1.3bn and is expected to wrap up later this year.
Nikou shares with us his favorite song, his fantasy job as a Montana rancher, and why the adage 'good thoughts, good words, good deeds' provides daily inspiration.
Sixth Street created the strategy in response to demand from borrowers and private equity sponsors to bring more capital into the “underserved” large-deal market, sources told Buyouts.
The fund has already done two deals, backing Ministry Brands, a software solutions provider to faith-based organizations, and CAIS, an alternative investment marketplace for financial advisers.
'This is not a zero-sum game. Most LPs recognize the value of diversification, of accessing different segments of the market.'
In his first interview as head of private equity, Peter Teti said future plans include expanding direct and fund investing, reinforcing European operations, and opening an office in Asia – potentially in Singapore.