Kirk Falconer
Fund II is seeking roughly the same amount raised by Mountaingate’s inaugural fund, closed in 2017 at a $395m hard-cap.
EnCap's inaugural energy transition fund marks one of the few examples of a long-time investor in hydrocarbons raising LP money for a low-carbon platform.
Brookfield’s special investments strategy, much like Blackstone's tactical opportunities, was set up to invest in assets and businesses that fall outside the scope of the firm’s flagship funds.
Maverix's $500m debut tech growth equity fund, recently anchored by five institutional LPs, is now heading for a $350m initial close in June.
For Anthony Tutrone, the spinoff of NB Alternatives’ highest-profile unit is one more chapter in a rapidly evolving market.
Fundraising by North American private equity firms in Q1 2021 represented the biggest haul ever, as the market anticipates a post-pandemic recovery.
“Illiquid credit led the way toward recovery last year,” Popov told Buyouts. “It will retain its importance going forward as a necessary ingredient of recovery.”
Tenex’s origins stretch back to 1999, when CEO Michael Green launched a fund to invest in underperforming mid-market businesses. It was later acquired by Cerberus.
K1's latest flagship could be part of more record-breaking tech fundraising this year. Activity was strong out the gate in Q1, with 102 funds collecting $65bn.
Atiyah’s departure is the second this year from OMERS Private Equity. Tim Patterson, an 11-year veteran of the firm and head of its healthcare team, left in January.