Iris Dorbian
The companies are Aretum, ClinicalMind, Lockstep Technology Group and Phoenix East Aviation.
Ocean Avenue Fund V's LPs include endowments/foundations, corporate and public pension plans, insurance companies and family offices spanning the U.S., Europe, Asia and South America.
Barings, Kline Hill Partners and Adams Street Partners were the fund's co-lead investors.
As a result of this closing, Horizon Capital now has $1.6 billion assets under management.
Asia VI is 50 percent larger than its predecessor, CVC Capital Partners Asia V, which was raised in 2020 and closed at $4.5 billion.
The fund's limited partners include endowments, foundations, insurance companies and family offices.
The private equity firm raised $685 million for its third flagship fund, CORE Industrial Partners Fund III and $202 million for its new fund, CORE Industrial Services Fund I.
The event 'aims to recast the conversation around and within private equity and connect limited partners responsible for more than $30trn with top-tier general partners.'
Northleaf Growth Fund targets growth-stage companies in North America across the technology and healthcare sectors.
Riverside Acceleration Capital Opportunity Fund II will back B2B software companies.