Kirk Falconer
Closed Loop Partners, which has recruited Amazon and other big-name investors to its circular-economy strategy, launched a first private equity fund at a target of $300 million, according to an SEC filing. Closed Loop Leadership Fund secured an undisclosed amount in an initial close in September, a person with knowledge of the matter told Buyouts. […]
Bain Capital is targeting $1 billion for a tech fund that will be led by one of the firm’s veteran tech investors, along with investment professionals from Goldman Sachs and Technology Crossover Ventures, according to a source, the firm’s website and a Form D fundraising document. The Boston-based private equity firm will also commit $100 […]
Whitehorse Liquidity Partners has wrapped up a third secondaries fund at its hard cap, securing $2 billion. The Toronto-based private equity firm closed Whitehorse Liquidity Partners Fund III 33 percent above its original target of $1.5 billion. The fund is double the size of its predecessor, which raised $1 billion last year. Fund III was […]
Madison Dearborn Partners launched fundraising for its eighth flagship fund, setting a goal of $4.5 billion, according to an SEC filing. Madison Dearborn Capital Partners VIII is targeting slightly more than the $4.4 billion secured by Fund VII, which closed in 2016 at its hard cap. If the new fund meets its target, it will be […]
Vertu Capital hired Kimberly Davis as COO and partner as the tech private equity firm prepares to unveil its inaugural fund, Buyouts has learned. Davis joins Vertu following a more than two-decade career, including 14 years with TorQuest Partners. She was hired by TorQuest in 2005 as CFO and later became its chief compliance officer. Before […]
One Equity Partners, spun out of JPMorgan in 2015, has wrapped up its second flagship mid-market fund, raising $1.75 billion. The vehicle is called One Equity Partners VII because the same team led prior funds when serving as the in-house private equity arm of JPMorgan and, between 2001 and 2005, Bank One. One Equity Partners […]
As we reach the fourth quarter of 2019, emerging private equity fund managers begin to ramp up their fundraising. Nine emerging managers—nearly twice as many as the last fundraising period—raised $1.2 billion from Sept. 11 through Sept. 24, according to Buyouts data. Year to date, new managers have raised a combined $43.3 billion, according to […]
Tailwater Capital has raised more than $800 million toward a $1 billion target for its fourth midstream energy fund, two people with knowledge of the matter told Buyouts. Tailwater Energy Fund IV, which has a hard cap of $1.1 billion, was launched in the second quarter and held an initial close in July, one of […]
It has been a stellar year for U.S.-based buyout and mezzanine fundraising, which added another $7 billion to its year-to-date total since the last issue of Buyouts. Firms this year have now amassed $245.6 billion, which eclipses 2018’s year-end total, with three full months of fundraising still to go. A big reason for this year’s […]
Northleaf Capital Partners is coming off its most active fundraising season to date, announcing more than $4 billion over 12 months for its private equity, infrastructure and private credit programs. Last week, the Toronto-based private-markets investment firm raised $1 billion from global investors for deployment across the three strategies. The lion’s share came from Canada […]