Steve Gelsi
WestView Capital Partners has wrapped up a targeted $430 million fundraise for WestView Capital Partners III LP, its flagship lower mid-market fund, in a fresh example of a growth equity vehicle drawing strong interest.
In a departure from its core business as one of the largest buyout shops in the world, TPG Capital has stepped into the role of placement agent by raising more than $1 billion for Ridgemont Equity Partners through its TPG Capital BD unit.
Carlyle Group LP has raised $10.2 billion from 289 investors for its flagship U.S. buyout fund, Carlyle Partners VI LP, and plans to wrap up the effort by the end of the year, according to a Form D filing with regulators and public comments by the Washington, D.C.-based firm.
Brazos Private Equity Partners LLC plans to use its new acquisition of Eberle Design Inc as a platform vehicle for the traffic safety industry, according to a co-founder at the Dallas buyout shop. It is the second buyout deal of the late summer for Brazos Private Equity after purchasing lifestyle clothing brand Southern Tide LLC.
GenNx360 Capital Partners has raised at least $346.9 million for GenNx360 Capital Partners II LP as the industrial business-to-business buyout shop founded by Ronald Blaylock and General Electric Co veterans looks to surpass the size of its inaugural fund by $150 million.
The $800 million deal by Vista Equity Partners to buy logistics tech firm Omnitracs from Qualcomm marks the buyout shop’s second big tech acquisition since May and its third-largest purchase since 2010, as the private equity firm bulks up its deal-making a year after its fourth marquee fund closed $1 billion ahead of its target.
Tapping interest from limited partners in buying into existing private equity funds, Portfolio Advisors LLC has raised nearly $500 million for Portfolio Advisors Secondary Fund II LP, according to Form D filings from the Darien, Connecticut, fund-of-funds manager.
Firm: RCP Advisors LLC Fund: RCP Fund VIII LP Target: $250 million Amount Raised: $267.7 million Placement Agent: PTP Securities LLC RCP Advisors LLC surpassed its fundraising target by nearly $18 million as it wrapped up the final close for RCP Fund VIII LP at $267.7 million, the latest in its series of funds of […]
The deal by Ares Management LLC and Ontario Teachers’ Pension Plan to buy building products maker CPG International Inc faces a potential debt downgrade pending further data on the transaction, ratings firm Moody’s Investors Service Inc said.
RCP Advisors LLC surpassed its fundraising target by nearly $18 million as it wrapped up the final close for RCP Fund VIII LP at $267.7 million, the latest in its series of funds of funds aimed at the lower middle market.