Kirk Falconer
Oaktree Opportunities Fund XI is now within striking distance of the $15bn target that was reported by Buyouts earlier this year.
Clearlake's latest offering is expected to hold a first close this month and wrap up in Q4 2020, Hamilton Lane, an advisor to one of the fund's limited partners, said.
Fund IX’s existing commitments already make it the biggest capital pool in Wind Point Partners' nearly four-decade history.
The PE group is planning to ratchet up its activity in Asia, Michael Graham, OMERS’ recently installed global head of private equity, told Buyouts in April.
The firm has the option to go higher than the $4bn target set for Blackstone Strategic Capital Holdings II, a source told Buyouts.
The succession plan "put an organization established 36 years ago on course for the next 15 years," managing partner Michael Weinberg told Buyouts.
US and Canadian buyout, growth equity, secondaries, venture capital and other PE funds raised a total of $162bn in the first half, up 8% from a year earlier.
If Madison Dearborn Capital Partners VIII meets its target, it will be the second-largest fund raised in the Chicago PE firm's nearly three-decade history.
Fundamental Partners IV is eyeing dislocation opportunities created as a result of severely strained municipal budgets, a source told Buyouts.
Venn Growth Partners, launched earlier in 2020 by McCarthy and Chris Reynolds, is expected to soon bring on a third founding partner, a source told Buyouts.