Kirk Falconer

Fund I finished 64% above an original target of $350m after only five to six months of marketing, Yuan told Buyouts.

Soussa's hire is the first made at the senior level by Josh Baumgarten and Adam Schwartz since they became co-CEOs in January.

While marketing, the fund's hard-cap was bumped up due to strong demand from LPs, managing partners Matthew Frankel and Michael Weinberg told Buyouts.

Fund II’s expected closing comes four years after BC Partners hired Apollo Global Management’s Ted Goldthorpe to create and lead a New York-based private debt strategy.

Instar, founded in 2014 by Greg Smith, ex-head of Brookfield Financial’s global infrastructure advisory group, last year closed a second flagship fund at $1.2bn.

Tidemark, which is marketing a $350m inaugural fund, makes growth equity investments in lower-mid-market technology companies in North America.

Trident IX is expected to hold a closing this month, according to recent report published by MassPRIM.

Avance's inaugural fund has already begun investing, earlier this year backing artisans supplier WSP and insurance agency UniVista.

The fund made its debut platform investment, backing Creative Outdoor Advertising, a street-furniture advertising provider for local businesses in North American municipalities.

Radial this year closed its debut platform deal, backing Lewisburg Printing Company, a 123-year-old maker of printed materials and packaging.